NuScale Power May Sign a Deal That Will Change Everything for SMRs -- Here's Why

NuScale Power, a small modular reactor (SMR) developer, could be nearing a major catalyst with a potential power purchase agreement (PPA) expected by end of 2026. The company has faced significant challenges including a 40% stock decline in 2026, past project cancellations, and lack of profitability. A signed PPA with the Tennessee Valley Authority for a 6-gigawatt SMR system would provide revenue certainty and could revitalize investor confidence in the SMR industry.