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NuScale Small Modular Reactor

Sector: Government • Location: Utah, United States

Source: IEEFA

Project
Planned

The NuScale small modular reactor (SMR) project, developed by NuScale and the Utah Associated Municipal Power Systems (UAMPS), has seen a significant increase in its estimated construction costs, rising from $5.3 billion to $9.3 billion. This project aims to provide a 462-megawatt power generation capacity, but the target price for power has also escalated from $58 per megawatt-hour to $89 per meg

Status
Prospective
Sector
Government, Power Generation (CCGT), Nuclear
Location
Utah, United States of America
Updated
22 Jul 2026
Source
IEEFA

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Project Information

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The project “NuScale Small Modular Reactor” is an infrastructure initiative in the Government sector, located in Utah, United States. Taiyo aggregates data on it from IEEFA.

Participants

Sponsoring Agency

Status

Original status

Planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The NuScale small modular reactor (SMR) project, developed by NuScale and the Utah Associated Municipal Power Systems (UAMPS), has seen a significant increase in its estimated construction costs, rising from $5.3 billion to $9.3 billion. This project aims to provide a 462-megawatt power generation capacity, but the target price for power has also escalated from $58 per megawatt-hour to $89 per megawatt-hour due to these rising costs and inflationary pressures.

Original sector

Energy

Budget

Location

Country

United States of America (USA)

State

Utah

Source

Source

IEEFA

URL

More Details

Record type

Project

Sector

Government, Power Generation (CCGT), Nuclear

Article published date

2025-03-20

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