NuScale Power shares climbed over 9% on September 17. Financial outlets widely reported the surge on September 18 following legislative developments in the U.S. House of Representatives.
The House passed the Ratepayer Protection Act to shift grid upgrade costs onto large power consumers like data centers. This legislation benefits power producers by removing the financial burden of infrastructure expansion for new industrial clients.
The news triggered a broader rally across the advanced nuclear technology sector. Investors are currently monitoring NuScale’s progress toward a power purchase agreement with the Tennessee Valley Authority. A finalized deal would convert the company’s prospective project into stable, contracted revenue.