NuScale Power Shares Plunge 10.86% on $740M Volume as 124th in Market Activity Amid Landmark 6-GW SMR Deal with TVA and ENTRA1

NuScale Power (SMR) fell 10.86% on September 4, 2025, with a trading volume of $740 million, down 45.08% from the prior day, ranking 124th in market activity. The decline followed the announcement of a landmark 6-gigawatt small modular reactor (SMR) deployment program with the Tennessee Valley Authority (TVA) and ENTRA1 Energy, the largest of its kind in the U.S.

The partnership involves ENTRA1 Energy developing and owning six SMR-powered plants across TVA’s seven-state region, with electricity sales to TVA under future power purchase agreements. The project leverages NuScale’s NRC-approved 77-MW power modules, which received regulatory clearance in May 2025. ENTRA1, NuScale’s strategic partner, holds commercialization rights to the technology, reducing NuScale’s operational exposure while accelerating deployment timelines.

The initiative aligns with U.S. energy security goals and surging demand from AI, manufacturing, and infrastructure. TVA’s $150 million investment in SMR development at its Clinch River site underscores its commitment to advancing nuclear innovation. The project’s scalability and carbon-free output position NuScale to address gaps in reliable, low-carbon baseload power, a critical need as energy-intensive sectors expand.

Despite a Q2 revenue shortfall of $8.1 million, NuScale maintains $489.9 million in liquidity, supporting long-term growth. Analysts highlight both opportunities and risks, including high capital costs and regulatory hurdles. The SMR market, valued at $6.26 billion in 2024, is projected to grow to $9.34 billion by 2030, driven by grid resilience and decarbonization demands. NuScale’s regulatory momentum and strategic partnerships could solidify its leadership in next-generation nuclear energy.