NuScale Power Corporation
NuScale Power Appoints Diana J. Walters to Board of Directors
Summary
NuScale Power Corporation announced the appointment of Diana J. Walters to its Board of Directors, effective December 20, 2024. Walters, with over 35 years of leadership experience in the natural resources sector, will be compensated according to the Company's director compensation policy, as disclosed in the 2024 proxy statement. She will also serve on the Audit Committee. Walters currently holds leadership positions in several energy and mining companies, including Atmos Energy, Trilogy Metals Inc., and Platinum Group Metals Limited, where she is Chair. NuScale Power, a leading provider of advanced small modular reactor (SMR) nuclear technology, sees this addition as a strategic move to leverage Walters' financial expertise and industry experience for the commercial deployment of its SMR technology.
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About NuScale Power Corporation
NuScale Power Corporation is a prominent player in the nuclear energy sector, specializing in the development and commercialization of small modular reactors. These reactors are designed to offer enhanced safety and efficiency in nuclear power generation. With a focus on scalable and adaptable energy solutions, NuScale's small modular reactors aim to provide flexible power generation options that meet the needs of diverse energy markets. The company's technology is particularly significant for its potential to revolutionize nuclear energy by making it more accessible and sustainable. Small modular reactors are noted for their compact size, reduced cost, and shorter construction timelines compared to traditional nuclear plants, thereby offering an appealing alternative for emerging economies and regions with limited energy infrastructure. NuScale Power Corporation plays a critical role in the global push for clean energy solutions, aligning with environmental goals to reduce carbon emissions. Its innovative approach holds promise for expanding the reach of nuclear technology, supporting energy security, and contributing to the transition towards greener energy sources worldwide. As such, the company is at the forefront of addressing the dual challenges of energy demand and climate change.
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