How an ENTRA1 Energy Plant could look
ENTRA1 Energy is NuScale Power Corporation’s strategic partner and holds exclusive global rights to the commercialization, distribution, and deployment of NuScale’s products and services. Acting as a central hub, ENTRA1 manages the financing, development, execution, and operation of its plants, which would be fully owned and financed by the company.
NuScale’s small pressurized water reactor is currently the only SMR design certified by the U.S. Nuclear Regulatory Commission. John Hopkins, NuScale’s President and CEO, described the agreement as “historic” and emphasized the combined expertise of ENTRA1 in both energy and finance. He added: “Together, we are ready as partners to meet America’s surging demand for reliable, carbon-free baseload power - powering AI data centres, critical mining, semiconductor manufacturing, and the energy-intensive industries that are driving our nation’s economic future.”
TVA, the largest public power provider in the United States, serves seven states with electricity generated from a mix of nuclear, hydro, coal, gas, solar, and advanced technologies. Earlier in 2024, TVA submitted a permit application to build an SMR at Clinch River near Oak Ridge, Tennessee, using GE Vernova Hitachi Nuclear Energy’s BWRX-300 technology. In addition, TVA recently signed a power purchase agreement with Kairos Power for up to 50 MW of electricity from the Hermes 2 demonstration reactor, which will be constructed alongside the Hermes low-power demonstration unit at Oak Ridge.
TVA has also advanced cooperation in other areas of nuclear innovation. In February, it signed an agreement with U.S. developer Type One Energy to jointly explore a potential fusion power plant project, reinforcing its role in adopting diverse next-generation energy technologies.
TVA President and CEO Don Moul underlined the organization’s commitment to new nuclear development: “TVA is leading the nation in pursuing new nuclear technologies, and no utility in the US is working harder or faster than TVA. This agreement with ENTRA1 Energy highlights the vital role public-private partnerships play in advancing next-generation nuclear technologies that are essential to providing energy security - reliable, abundant American energy - and creating jobs and investment across the nation.”
The collaboration between ENTRA1 Energy, NuScale, and TVA marks a significant step in expanding the role of SMRs within the U.S. power system. By combining advanced nuclear technology with strong institutional partnerships, the project is positioned to contribute to reliable, carbon-free energy and support the growing demand from data centers, manufacturing, and other high-energy industries.
