<p><strong>NuScale Power</strong>（SMR 1.69%）有着引人入勝的歷史。該公司成立於 2007 年，使命是創造世界上第一個能夠在現實世界中得到應用的小型模塊化核反應堆。2011 年，當 Fluor（FLR 1.88%）購買了大多數股權時，公司獲得了巨大的推動。Fluor 隨後在該項目上投資了數億美元，並至今保持其控股地位。</p>
<p>在 2022 年，NuScale 通過與一家特殊目的收購公司合併上市，使普通投資者有機會投資於這一新興技術的潛力。</p>
<p>自 2024 年以來，NuScale 的股價飆升超過 1000%。然而，該公司的市值仍僅為 100 億美元。如果你在尋找能夠讓你成為百萬富翁的股票，有兩個明顯的理由讓你對 NuScale 給予高度關注。</p>
<h2>小型核能可能是一個巨大的市場</h2>
<p>世界對新型能源的需求迫切。全球人口持續增長，而幾個主要發展中國家的中產階級迅速崛起，導致電力需求在許多地區激增。再加上對可再生能源需求的上升，結果是為小型核能等新興技術創造了非常有利的環境。</p>
<p>小型核反應堆，其縮寫影響了 NuScale 的股票代碼，基本上是可以在現場外建造並運輸到需要的地方的緊湊型核電站。這些反應堆相對較小，意味着它們的發電能力不如傳統核電站，但在每單位的建設成本上顯著更便宜，運行起來也可以簡單得多，並且易於擴展。</p>
<p>曾幾何時，許多分析師認為美國再也不會建造新的核電站。監管障礙、公眾恐懼和高成本困擾着大多數新核電項目的推進。然而，隨着對可再生能源需求的上升，這一敍述發生了變化，現在美國政府認為到 2050 年該國的核能發電量將增加三倍。全球需求預計也將以類似的速度增長，國際能源署本月早些時候上調了其核能增長預測。</p>
<p>小型模塊化反應堆也正在被探索用於為數據中心供電——這些關鍵基礎設施正在推動人工智能技術的快速發展。許多人工智能基礎設施企業正在尋求建設新的核設施，以支持其對低碳電力日益增長的需求。小型太陽能可能有助於滿足這一需求，尤其是在寒冷和偏遠地區，那裏冷卻成本理論上會更低，但當地電力供應稀缺。</p>
<p>總的來説，小型模塊化反應堆可能是滿足全球日益增長的能源需求的關鍵工具。正如我們接下來將瞭解到的，NuScale 在這一新興市場中處於獨特的領先地位。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzE3NTMvZ2V0dHlpbWFnZXMtMTM5ODg4NDk4My0xMjAweDgwMC01YjJkZjc5LmpwZyZ3PTcwMA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzE3NTMvZ2V0dHlpbWFnZXMtMTM5ODg4NDk4My0xMjAweDgwMC01YjJkZjc5LmpwZyZ3PTcwMA"/></p>
<p>圖片來源：Getty Images。</p>
<h2>NuScale Power 是小型核能投資者的明確選擇</h2>
<p>NuScale 並不是唯一一家追求小型模塊化反應堆的公司。像 <strong>Oklo</strong>、<strong>BWX Technologies</strong> 和 <strong>NANO Nuclear Energy</strong> 等公司也在大力投資以將 SMR 推向市場。還有其他幾家公共和私人實體也在某種程度上投資於這一領域。但 NuScale 的早期進入者地位使其具有顯著優勢。</p>
<p>NuScale 最大的優勢在於它是美國唯一一家獲得 NRC 認證的小型模塊化反應堆製造商。核能監管委員會（Nuclear Regulatory Commission）頒發的認證授予核電站設計在現實應用中建設的正式批准。這個批准過程可能需要數年時間，反應堆必須滿足嚴格的安全要求。</p>
<p>NuScale 已經有十多個模塊在生產中，這意味着現實世界的部署應該很快就會發生。一般來説，NuScale 的大多數競爭對手在實際認證和部署方面落後 1 到 3 年。</p>
<p>當然，SMR 市場目前仍然非常小。但最近的認證、投資者的關注增加以及來自對電力需求旺盛的行業（如人工智能）的迅速增長，表明增長的高峰即將到來。NuScale 的早期進入者優勢使其成為投資者的明顯首選。</p>
<p>請記住，這仍然是一個早期階段的機會。NuScale 尚未實現盈利。管理層為了維持運營，嚴重稀釋了股東權益，同時依賴於認購權的行使來帶來額外的現金流。賬面上不到 5 億美元的資金，NuScale 將繼續籌集外部資本以資助其增長夢想。但如果你相信模塊化核能，NuScale 仍然是你的首選。</p>

<p>NuScale Power 是一家小型模塊化核反應堆（SMR）領域的領導者，自 2024 年以來，其股價飆升超過 1000%，但市值僅為 100 億美元。由於全球人口不斷增長以及對可再生能源的需求，新的能源來源的需求為 NuScale 帶來了有利的市場環境。作為美國唯一獲得 NRC 認證的 SMR 製造商，NuScale 擁有顯著的早期市場優勢。儘管面臨實現盈利和需要籌集資金等挑戰，NuScale 仍被視為對模塊化核能感興趣的投資者的首選投資</p>

<p><strong>NuScale Power</strong>(SMR 1.69%) has a fascinating history. Founded in 2007, the company's mission was to create the world's first small modular nuclear reactor that would actually see real-world adoption. In 2011, the company received a huge boost when Fluor (FLR 1.88%) purchased a majority stake. Fluor would go on to invest hundreds of millions of dollars in the project, retaining its majority stake to this day.</p>
<div class="lb-trans"><p><strong>NuScale Power</strong>（SMR 1.69%）有着引人入勝的歷史。該公司成立於 2007 年，使命是創造世界上第一個能夠在現實世界中得到應用的小型模塊化核反應堆。2011 年，當 Fluor（FLR 1.88%）購買了大多數股權時，公司獲得了巨大的推動。Fluor 隨後在該項目上投資了數億美元，並至今保持其控股地位。</p>
</div><p>In 2022, NuScale went public by merging with a special purpose acquisition company, giving everyday investors a chance to invest in the potential of this emerging technology.</p>
<div class="lb-trans"><p>在 2022 年，NuScale 通過與一家特殊目的收購公司合併上市，使普通投資者有機會投資於這一新興技術的潛力。</p>
</div><p>Since 2024, shares of NuScale have soared by over 1,000%. Yet the company's market capitalization remains at just $10 billion. If you're looking for stocks that can make you a millionaire, there are two obvious reasons to give NuScale strong consideration.</p>
<div class="lb-trans"><p>自 2024 年以來，NuScale 的股價飆升超過 1000%。然而，該公司的市值仍僅為 100 億美元。如果你在尋找能夠讓你成為百萬富翁的股票，有兩個明顯的理由讓你對 NuScale 給予高度關注。</p>
</div><h2>Small-scale nuclear power could be a gigantic market</h2>
<div class="lb-trans"><h2>小型核能可能是一個巨大的市場</h2>
</div><p>The world is thirsty for new forms of energy. Global populations remain on the rise, while a burgeoning middle class in several major developing countries is causing electricity demand to spike throughout many parts of the world. Throw in rising demand for renewable energy, and the result is a very favorable environment for emerging technologies like small-scale nuclear.</p>
<div class="lb-trans"><p>世界對新型能源的需求迫切。全球人口持續增長，而幾個主要發展中國家的中產階級迅速崛起，導致電力需求在許多地區激增。再加上對可再生能源需求的上升，結果是為小型核能等新興技術創造了非常有利的環境。</p>
</div><p>Small nuclear reactors, the acronym of which influenced NuScale's ticker choice, are essentially compact nuclear power plants that can be built off-site and then shipped to wherever they are needed. The relatively small size of these reactors means that they don't produce as much power as a traditional nuclear power plant, but they are significantly cheaper to build on a per-unit basis, can be much simpler to run, and are easily scalable.</p>
<div class="lb-trans"><p>小型核反應堆，其縮寫影響了 NuScale 的股票代碼，基本上是可以在現場外建造並運輸到需要的地方的緊湊型核電站。這些反應堆相對較小，意味着它們的發電能力不如傳統核電站，但在每單位的建設成本上顯著更便宜，運行起來也可以簡單得多，並且易於擴展。</p>
</div><p>At one point, many analysts believed there would never be a nuclear plant built on U.S. soil ever again. Regulatory barriers, citizens' fears, and high costs plagued most efforts to get new nuclear power online. Rising demand for renewable power has changed that narrative, however, and now the U.S. government believes the country's nuclear generation will triple by 2050. Globally, demand is expected to rise by similar rates, with the International Energy Agency upping its nuclear growth predictions earlier this month.</p>
<div class="lb-trans"><p>曾幾何時，許多分析師認為美國再也不會建造新的核電站。監管障礙、公眾恐懼和高成本困擾着大多數新核電項目的推進。然而，隨着對可再生能源需求的上升，這一敍述發生了變化，現在美國政府認為到 2050 年該國的核能發電量將增加三倍。全球需求預計也將以類似的速度增長，國際能源署本月早些時候上調了其核能增長預測。</p>
</div><p>Small modular reactors are also being explored to power data centers -- critical infrastructure that is powering the massive rise in artificial intelligence technologies. Many AI infrastructure businesses are looking to build out new nuclear facilities to support their growing need for low-carbon power. Small-scale solar could help satisfy this need, especially in cold and remote areas where cooling costs would theoretically be lower, but local power generation is scarce.</p>
<div class="lb-trans"><p>小型模塊化反應堆也正在被探索用於為數據中心供電——這些關鍵基礎設施正在推動人工智能技術的快速發展。許多人工智能基礎設施企業正在尋求建設新的核設施，以支持其對低碳電力日益增長的需求。小型太陽能可能有助於滿足這一需求，尤其是在寒冷和偏遠地區，那裏冷卻成本理論上會更低，但當地電力供應稀缺。</p>
</div><p>All in all, small modular reactors could be a critical tool in meeting the world's rising energy needs. And as we'll learn next, NuScale is uniquely positioned to lead in this emerging market.</p>
<div class="lb-trans"><p>總的來説，小型模塊化反應堆可能是滿足全球日益增長的能源需求的關鍵工具。正如我們接下來將瞭解到的，NuScale 在這一新興市場中處於獨特的領先地位。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzE3NTMvZ2V0dHlpbWFnZXMtMTM5ODg4NDk4My0xMjAweDgwMC01YjJkZjc5LmpwZyZ3PTcwMA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F831753%2Fgettyimages-1398884983-1200x800-5b2df79.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>圖片來源：Getty Images。</p>
</div><h2>NuScale Power is the clear choice for small-scale nuclear investors</h2>
<div class="lb-trans"><h2>NuScale Power 是小型核能投資者的明確選擇</h2>
</div><p>NuScale isn't the only company pursuing small modular reactors. Companies like <strong>Oklo</strong>, <strong>BWX Technologies</strong>, and <strong>NANO Nuclear Energy</strong> are also investing heavily to bring SMRs to market. Several other public and private entities are also investing in the space in some capacity. But NuScale's early mover position gives it a notable advantage.</p>
<div class="lb-trans"><p>NuScale 並不是唯一一家追求小型模塊化反應堆的公司。像 <strong>Oklo</strong>、<strong>BWX Technologies</strong> 和 <strong>NANO Nuclear Energy</strong> 等公司也在大力投資以將 SMR 推向市場。還有其他幾家公共和私人實體也在某種程度上投資於這一領域。但 NuScale 的早期進入者地位使其具有顯著優勢。</p>
</div><p>The biggest advantage for NuScale is that it is the only SMR maker in the U.S. that is NRC certified. The Nuclear Regulatory Commission issues certifications that grant formal approval for a nuclear power plant design to be constructed in real-world applications. This approval process can take years to complete, with the reactor meeting strict safety requirements.</p>
<div class="lb-trans"><p>NuScale 最大的優勢在於它是美國唯一一家獲得 NRC 認證的小型模塊化反應堆製造商。核能監管委員會（Nuclear Regulatory Commission）頒發的認證授予核電站設計在現實應用中建設的正式批准。這個批准過程可能需要數年時間，反應堆必須滿足嚴格的安全要求。</p>
</div><p>NuScale already has a dozen modules in production, meaning that real-world deployments should happen relatively soon. In general, most of NuScale's competition is one to three years behind when it comes to actual certification and deployment.</p>
<div class="lb-trans"><p>NuScale 已經有十多個模塊在生產中，這意味着現實世界的部署應該很快就會發生。一般來説，NuScale 的大多數競爭對手在實際認證和部署方面落後 1 到 3 年。</p>
</div><p>To be sure, the SMR market remains very small for now. But recent certifications, growing attention from investors, and rapidly rising energy demand from power-hungry industries like AI suggest a spike in growth is on the way. NuScale's early mover advantage makes it an obvious first choice for investors.</p>
<div class="lb-trans"><p>當然，SMR 市場目前仍然非常小。但最近的認證、投資者的關注增加以及來自對電力需求旺盛的行業（如人工智能）的迅速增長，表明增長的高峰即將到來。NuScale 的早期進入者優勢使其成為投資者的明顯首選。</p>
</div><p>Just remember, this is an early stage opportunity. NuScale has yet to achieve profitability. Management has diluted shareholders heavily to stay afloat, while also relying on warrants being exercised to bring in extra cash flow. With less than $500 million on the books, NuScale will continue to raise outside capital to fund its growth dreams. But if you're a believer in modular nuclear power, NuScale remains your top pick.</p>
<div class="lb-trans"><p>請記住，這仍然是一個早期階段的機會。NuScale 尚未實現盈利。管理層為了維持運營，嚴重稀釋了股東權益，同時依賴於認購權的行使來帶來額外的現金流。賬面上不到 5 億美元的資金，NuScale 將繼續籌集外部資本以資助其增長夢想。但如果你相信模塊化核能，NuScale 仍然是你的首選。</p>
</div>

預測：NuScale Power 將成為造富股票的兩個原因