Thankful for Nuclear Power: It’s the Cleanest and Safest Energy Source
November 14, 2022
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NUSCALE POWER ($NYSE:SMR) is a company that provides nuclear power. It is the cleanest and safest energy source. the world will continue to demand more energy, resulting in a growing population that is also striving for higher standards of living. Nuclear power is a very efficient way to produce energy. The process of nuclear fission produces large amounts of energy with very little pollution. This makes it an attractive option for countries that are looking to reduce their carbon footprint.
Nuclear power is also very safe. The risk of a nuclear accident is very low and the safety procedures that are in place are very effective. This makes it a good option for countries that are looking to reduce their reliance on fossil fuels.
Stock Price
Despite media exposure to nuclear accidents, the reality is that nuclear power is one of the safest energy sources in the world. In fact, a study by the World Health Organization found that nuclear power is safer than both coal and oil. On Thursday, NUSCALE POWER stock opened at $11.4 and closed at $11.3, down by 1.1% from last closing price of 11.4. Despite this small dip, the company remains committed to nuclear power and the safety of its customers.
VI Analysis
Nuscalepower is a medium risk investment according to VI Risk Rating. The company has strong long-term potential, but there are some risks to consider before investing. The company has 3 risk warnings in its balance sheet, non-financial, and financial journal. Register with us to learn more about these risks.
VI Peers
The company’s small modular reactors are based on a unique reactor design that is scalable and can be used in multiple applications. NuScale’s reactors are safe, economic, and clean energy solutions that can be used in a variety of settings, including power generation, desalination, and process heat. NuScale Power Corp is in competition with Vinacomin – Power Holding Corp, Ocean Thermal Energy Corp, and Hengsheng Energy Co Ltd. All of these companies are working to develop and commercialize small modular nuclear reactor technology. NuScale Power Corp has the advantage of being the first company to receive design certification from the US Nuclear Regulatory Commission for its small modular reactors.
– Vinacomin – Power Holding Corp ($HNX:DTK)
Ocean Thermal Energy Corp’s market cap of 2.01M as of 2022, a Return on Equity of 6.05%. The company is focused on the development and commercialization of ocean thermal energy conversion (OTEC) technology. OTEC is a renewable energy technology that converts the thermal energy of the ocean’s warm surface waters into electricity.
– Ocean Thermal Energy Corp ($OTCPK:CPWR)
Hengsheng Energy Co Ltd is a Chinese energy company with a market cap of 2.36B as of 2022. The company’s Return on Equity is 13.12%. Hengsheng Energy Co Ltd is engaged in the upstream oil and gas exploration and production business. The company has operations in the Bohai Bay region of China.
Summary
There are many reasons to invest in NUSCALE POWER, the world’s leading developer of small modular nuclear reactors . For one, the company’s technology is the cleanest and safest energy source available.
In addition, NUSCALE POWER is on the forefront of the nuclear industry, with a team of experienced professionals who are committed to making nuclear power a reality. NUSCALE POWER’s small modular reactors are designed to be highly efficient and scalable, making them perfect for a variety of applications. The company’s reactors are also much safer than traditional nuclear plants, due to their use of natural circulation and passive safety systems. NUSCALE POWER is headquartered in the United States, with offices in Canada, China, and the United Kingdom. The company is publicly traded on the Toronto Stock Exchange .
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