Nuscale Power Corporation · NYSE:SMR
Nuscale Power — Q4 2023 Earnings Presentation
12 slides from Nuscale Power's earnings presentation, Mar 14, 2024
Slide 1: NuScale Power 4Q and Full Year 2023 Earnings Presentation
NuScale Power 4Q and Full Year 2023 Earnings Presentation
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation (“Presentation”) and any oral statements made in connection with the Presentation do not constitute an offer to sell or a solicitation of an offer to buy any securities. Certain statements in this Presentation may constitute “forward-looking statements” w
Slide 3: NuScale is the Leader in Small Modular Reactor Technology and Manufacturing
NuScale is the Leader in Small Modular Reactor Technology and Manufacturing Technology Provider Single Hub Solution De-Risked Manufacturing Sole SMR technology approved by the ENTRA1 is our commercial development NuScale Power Modules in production U.S. Nuclear Regulatory Commission partner (“NRC”)
Slide 4: Regulatory and Manufacturing Milestones
Regulatory and Manufacturing Milestones NRC Accepts Standard Design Supply Chain Partners Producing Long Lead Materials Approval Application (“SDA”) Associated with the Manufacturing of Modules ▪ The NRC is reviewing NuScale’s SDA application for a power ▪ Worked 10+ years with more than 23 supplier
Slide 5: Leveraging First Commercially Available SMR Technology for Customer Opportunities
Leveraging First Commercially Available SMR Technology for Customer Opportunities Key Customer Discussions Market Opportunities ▪ Major Domestic and International ▪ North America Utilities ▪ Scandinavia ▪ Retiring Coal Facilities ▪ Eastern Europe ▪ Heavy Industrials & Clean ▪ West Africa Chemical Pr
Slide 6: Utilities Expect Significant Electricity Demand Growth
Utilities Expect Significant Electricity Demand Growth1 Primary Challenges Electric Power Companies Face as End Users Electrify Equipment and Assets ▪ The electric power industry is preparing for U.S. 36% 32% demand to triple by 2050 ▪ Electrification is accelerating for the transportation, 18% buil
Slide 7: Data Center Thesis
Data Center Thesis Data center share of U.S. electricity usage is growing, accelerated by Artificial Intelligence (“AI”) Data center electricity consumption expected to triple by 2030 Equivalent to electricity used by one-third of 7.5% U.S. homes in a year 2.5% = In 2020 In 2030 Data center share of
Slide 8: Commercial Scale Clean Chemical Production
Commercial Scale Clean Chemical Production ▪ Uniquely suited for clean chemical production due to off- Capacity Factors by Energy Source grid capability, high capacity factor and NRC-approved Emergency Planning Zone (“EPZ”) methodology 92% ▪ Eliminates hydrogen transportation costs ▪ Small footprint
Slide 9: Commercial Scale Clean Chemical Production (continued)
Commercial Scale Clean Chemical Production (continued) Power Plant Carbon Emissions by Source Land Use by Energy Source Wind Onshore 11 Hydro ( >360MW) 33 Wind Offshore 12 Concentrating Solar (tower) 22 Nuclear 12 Hydropower 24 Coal Power (CSS) 21 Solar-concentrated 27 Solar PV (ground) 19 Geotherma
Slide 10: Key Financial Themes
Key Financial Themes ▪ NuScale is committed to maintaining a Revenue Net Loss Cash healthy liquidity position as the Company transitions from R&D to commercialization ▪ Management implemented strategic actions $4.6M $(56.4)M 4Q ’23 4Q ’23 in January 2024, prudently reducing our cost base and creatin
Slide 11: Capitalization Summary
Capitalization Summary Share Type Amount Description Class A Shares 76.9M NuScale Power Corporation Class A shares NuScale Power Corporation Class A shares issuable upon the exchange of Class B Shares 154.5M one Class B share and one NuScale Power, LLC Class B unit1 Total Shares Outstanding 231.4M O
Slide 12: NuScale Power 4Q and Full Year 2023 Q&A Session
NuScale Power 4Q and Full Year 2023 Q&A Session