nuclear-news

Bill Gates-backed nuclear demonstration project in Wyoming delayed because Russia was the only fuel source

Catherine Clifford, 16 Dec 22

• Bill Gates nuclear innovation company TerraPower says the operation of its demonstration advanced power reactor will be pushed back at least two years because the only source of fuel for the reactor was Russia.
• The advanced reactor design uses high-assay low-enriched uranium, or HALEU, and was slated to be done in 2028.
• Stakeholders are now calling on the U.S. to secure other sources, or produce it domestically.

……………………………………………. Terrapower’s advanced nuclear plant design, known as Natrium, will be smaller than conventional nuclear reactors, and is slated to cost $4 billion, with half of that money coming from the U.S. Department of Energy. It will offer baseload power of 345 megawatts, with the potential to expand its capacity to 500 megawatts 

………………. TerraPower has raised over $830 million in private funding in 2022 and the Congress has appropriated $1.6 billion for the construction of the plant, said Chris Levesque, the CEO of TerraPower.  https://www.cnbc.com/2022/12/16/bill-gates-backed-nuclear-demonstration-delayed-by-at-least-2-years.html

December 16, 2022 - Posted by Christina Macpherson | Small Modular Nuclear Reactors