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BootinUp

(48,458 posts)
Tue Jun 11, 2024, 09:46 AM Jun 2024

Nuclear Power Is Hard. A Climate-Minded Billionaire Wants to Make It Easier.

Outside a small coal town in southwest Wyoming, a multibillion-dollar effort to build the first in a new generation of American nuclear power plants is underway.

Workers began construction on Tuesday on a novel type of nuclear reactor meant to be smaller and cheaper than the hulking reactors of old and designed to produce electricity without the carbon dioxide that is rapidly heating the planet.

The reactor being built by TerraPower, a start-up, won’t be finished until 2030 at the earliest and faces daunting obstacles. The Nuclear Regulatory Commission hasn’t yet approved the design, and the company will have to overcome the inevitable delays and cost overruns that have doomed countless nuclear projects before.

What TerraPower does have, however, is an influential and deep-pocketed founder. Bill Gates, currently ranked as the seventh-richest person in the world, has poured more than $1 billion of his fortune into TerraPower, an amount that he expects to increase.


Continued at The New York Times - gift link
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Nuclear Power Is Hard. A Climate-Minded Billionaire Wants to Make It Easier. (Original Post) BootinUp Jun 2024 OP
Any sort of nuclear power plant would cost less if it was mass produced. hunter Jun 2024 #1
I think it's more than that. Can't right now BootinUp Jun 2024 #2
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