Bill Gates partners with China’s government nuclear companies to develop his small nuclear reactor dream
China nuclear energy and coal company partner to make traveling wave nuclear reactor, October 2, 2017, The China National Nuclear Corp (CNNC) has signed an agreement with the Shenhua Group, China’s biggest coal producer, to promote the development of advanced “traveling wave” reactor technology, the state nuclear giant said.
The new organization will be a partnership with four Chinese energy companies and will have /A> starting capital of CNY1bn ($153.2 million).
TWR, one of several new “fourth-generation” reactor designs, uses depleted uranium and is more fuel-efficient and cheaper to run than conventional nuclear reactors.
Leading developers of TWR include the Bill Gates-backed Terrapower, which is working on large scale projects aimed at providing base-load electricity. CNNC said its chairman, Wang Shoujun, met with Gates in July to discuss cooperation.
TerraPower’s traveling wave design is a breeder reactor that produce more atomic fuel than they consume, reducing the need to add costly processed nuclear elements.
In 2006, Intellectual Ventures launched a spin-off named TerraPower to model and commercialize a working design of such a reactor, which later came to be called a “traveling-wave reactor”. TerraPower has developed TWR designs for low- to medium- (300 MWe) as well as high-power (~1000 MWe) generation facilities. Bill Gates featured TerraPower in his 2010 TED talk.
In 2010 a group from TerraPower applied for patent EP 2324480 A1 following WO2010019199A1 “Heat pipe nuclear fission deflagration wave reactor cooling”. The application was deemed withdrawn in 2014.
In September, 2015 TerraPower and China National Nuclear Corporation (CNNC) signed a memorandum of understanding to jointly develop a TWR. TerraPower plans to build a 600 MWe demonstration Plant, the TWR-P, by 2018–2022 followed by larger commercial plants of 1150 MWe in the late 2020s |.
………….Shenhua, which is in the middle of a merger with state power giant Guodian, is seeking to diversify away from coal and coal-fired power, and it has already been in talks with CNNC and CGN to invest in nuclear projects. https://www.nextbigfuture.com/2017/10/china-nuclear-energy-and-coal-company-partner-to-make-traveling-wave-nuclear-reactor.html
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