NuScale Power Surges 8.54% on $1.34B Volume as TVA-Entra1 Pact Targets 6-GW Zero-Carbon Power for AI Data Centers and Semiconductors

NuScale Power (SMR) surged 8.54% on September 3, 2025, with a trading volume of $1.34 billion, reflecting heightened investor interest. The stock’s performance followed a landmark agreement between the Tennessee Valley Authority (TVA) and Entra1 Energy to deploy six NuScale small modular reactors (SMRs) across TVA’s seven-state service region. The partnership aims to generate up to 6 gigawatts of carbon-free power, addressing surging demand from energy-intensive sectors such as artificial intelligence, data centers, and semiconductor manufacturing.

Under the agreement, Entra1, NuScale’s exclusive global strategic partner, will finance, own, and operate the Entra1 Energy Plants, which will utilize NuScale’s 77-MWe Power Modules. The modular design allows scalability, with configurations up to 924 MWe per plant. NuScale CEO John Hopkins emphasized the collaboration’s alignment with national energy security goals, highlighting the technology’s potential to meet America’s growing need for reliable, zero-carbon baseload power.

This initiative builds on NuScale’s prior partnership with Entra1, which has a 30-GW SMR project pipeline. The TVA deal marks a pivotal step in commercializing NuScale’s NRC-certified SMRs, which feature passive safety systems and eliminate traditional reactor coolant pumps. The companies’ joint venture, ENTRA1 NuScale LLC, positions them as a unified entity for nuclear project execution, leveraging Entra1’s infrastructure expertise and NuScale’s technical innovation.

Historically, NuScale faced challenges with its Carbon Free Power Project, which was abandoned in 2024 due to insufficient customer subscriptions. However, the TVA-Entra1 collaboration signals renewed momentum. TVA’s leadership praised the partnership’s potential to drive economic growth and energy independence, underscoring the critical role of public-private collaborations in advancing next-generation nuclear technologies.

The backtest results indicate that the 6-GW deployment is projected to deliver power equivalent to the Dallas-Fort Worth metropolitan area, with Entra1 Energy Plants configured to maximize capacity. NuScale’s SMRs, certified by the U.S. Nuclear Regulatory Commission, remain the only commercial-ready SMR technology, solidifying the company’s position in the evolving energy landscape.