GE Vernova aims to lead the deployment of small modular reactors (SMRs) like the BWRX-300 across developed nations, targeting over $2 billion in annual revenue by the mid-2030s. The reactor's simpler design allows for reduced construction costs and flexibility in location, with plans for commercial deployment in North America by 2029. Interest from tech companies seeking reliable energy for data centers further drives demand for nuclear power, as utilities explore smaller, less risky projects.
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