Bill Gates co-founded TerraPower in 2008 to promote private investment in nuclear technology. TerraPower has started building an innovative nuclear power plant in a small Wyoming town. This new reactor design is smaller, more affordable, and uses liquid sodium instead of water for cooling, cutting down on expensive infrastructure.
This reactor is designed to work well with renewable energy sources like wind and solar. Gates has already invested $1 billion and raised $830 million more. Despite some doubts about the reactor's cost and regulatory approval, Gates is determined to see it succeed.
"Today is a big one for Kemmerer—for the coal plant workers who will be able to see their future job site being constructed across the highway, for the local construction workers who will be part of a 1,600-person skilled labor force building the plant, and for the local businesses that will take care of the new workforce."
"While these first-of-a-kind projects can be big and risky, they are too important for our future to fail to act. I’m proud of all those who have helped ensure the most advanced nuclear project in the world gets built right here in the United States."
"I believe that the next-generation nuclear power plant that TerraPower is building here will power the future of our nation—and the world. Everything we do runs on electricity: buildings, technology, and increasingly transportation. To meet our economic and climate goals, we need more abundant clean energy, not less. The ground we broke in Kemmerer will soon be the bedrock of America’s energy future. Today, we took the biggest step yet toward safe, abundant, zero-carbon energy."
#energytransition
Michael Sharpe AUKUS Forum Ted O'Brien MP Angus Taylor MP The Hon. Peter Dutton MP Will Shackel Liz Penfold Erik Townsend
Regional Sales Representative at BusWest
4moFinally. The biggest impediment to new nuclear plants has been the NRC.