As the tech sector hunts for reliable, carbon-free energy to power data centers, investors are looking at NuScale Power (NYSE:SMR) and Oklo (NYSE:OKLO) to see which stock is a better buy.
NuScale focuses on its certified reactor design to serve traditional utilities and industrial clients
Oklo takes a different route, planning to build and operate its own fast-fission plants with high-profile backing. Both firms are leading the shift toward modular nuclear power, but they carry very different financial profiles and development timelines. The case for NuScale Power NuScale Power is developing proprietary small modular reactor (SMR) technology and related plant services to generate carbon-free power.
Its target markets include data centers, desalination plants, and commercial hydrogen production. The company aims to be a leader among electric utility stocks by providing carbon-free electricity to industrial and commercial users. However, it has an exclusive commercialization partner, ENTRA1 Energy.