Renaissance of Nuclear Power: NuScale Power in the Focus of Investors
- Partnerships with Major Tech Companies Show Growing Interest in Clean Energy.
- NuScale Power benefits from the nuclear energy renaissance, attracts investors.
Eulerpool News·
Since the Fukushima reactor disaster in 2011, numerous countries have reconsidered their energy policies regarding nuclear power. However, nuclear energy currently seems to be experiencing a remarkable renaissance. NuScale Power, a company aiming to establish itself in this rediscovered segment, offers both opportunities and risks for investors.
As of October 28, the stock price of NuScale Power was approximately $22.00, close to its all-time high. But is it really worth buying the stock at this price? Examining the company's performance on the stock market reveals an astonishing trajectory: the 52-week low was only $1.81. Given this rapid price increase, many are questioning whether the company's potential can be valued above this level in the long term.
NuScale Power's position in the energy landscape is intriguing. Nuclear power plants are considered a reliable energy source that emits no greenhouse gases—a welcome trait in times when the shift to cleaner energy sources is progressing. Although solar and wind energy are often considered, nuclear power is coming back into focus due to its ability to deliver continuous energy.
A notable example of the growing market is Microsoft, which recently entered into an agreement to source all the power from a planned restart of a decommissioned Constellation Energy facility. Alphabet has also made a similar agreement with a private company, demonstrating the strong interest in clean and reliable energy supply.
EULERPOOL DATA & ANALYTICS