What nuclear company does Bill Gates own?

What nuclear company does Bill Gates own?

TerraPower
Yes, a Bill Gates-owned company is planning to build a nuclear power plant in Wyoming. TerraPower, which was co-founded by Bill Gates, recently selected a Wyoming site to demonstrate its first-of-a-kind Natrium nuclear reactor.

Why does Bill Gates support nuclear?

Gates’ support of nuclear is not new. In a 2018 blogpost, Gates said, “Nuclear is ideal for dealing with climate change, because it is the only carbon-free, scalable energy source that’s available 24 hours a day.” It’s why he founded a company to develop an advanced reactor.

What happened TerraPower?

Commercial power plants, generating about 1150 MWe, were planned for the late 2020s. However, in January 2019 it was announced that the project had been abandoned due to technology transfer limitations placed by the Trump administration.

Is TerraPower a fission or fusion?

The Reactor Core is the true innovation of TWR. In the center of the core sit a few rods of enriched uranium (U-235), surrounded by rods of depleted uranium (U-238). The U-235 serves as an initiator, kick starting the traveling wave reaction – a slow-moving chain reaction of concentric waves of fission.

Does Bill Gates own terra power?

Bill Gates is co-founder of Microsoft, co-chair of the Bill & Melinda Gates Foundation, and founder and chairman of TerraPower.

Is TerraPower traded?

Indirectly, yes. Because of TerraPower’s multiple partnerships, investors can take the detour rate to investment.

Does TerraPower use uranium?

TerraPower’s Traveling Wave Reactor (TWR®) design remains an important, long-term goal of the Natrium™ program. A fleet of TWR plants will be able to operate for centuries with unenriched uranium fuel, needing enriched uranium to start only the first reactor in the long chain of plants.

Can I contact TerraPower by email?

However, due to the volume of emails we receive, we may not personally reply to all inquiries. For interview or speaker requests, as well as any questions and comments related to the company and technology, please email [email protected]. Be the first to hear TerraPower’s latest innovations, partnerships, and breakthroughs.

What is Terra power technology?

TerraPower is a nuclear reactor design company headquartered in Bellevue, Washington, United States. TerraPower is developing a class of nuclear fast reactors called the traveling wave reactor (TWR). The TWR concept places a small core of enriched fuel in the center of a much larger mass of non-fissile material, in this case depleted uranium.

Where is Terrapower building nuclear power plants in China?

In September 2015 TerraPower signed an agreement with the China National Nuclear Corporation to build a prototype 600 MWe reactor unit at Xiapu in Fujian province, China during 2018 to 2025. Commercial power plants, generating about 1150 MWe, are planned for the late 2020s.

Who are TerraPower’s main investors?

One of TerraPower’s primary investors is Bill Gates (via Cascade Investment ). Others include Charles River Ventures and Khosla Ventures, who reportedly invested $35 million in 2010. TerraPower is led by chief executive officer Chris Levesque. In December 2011 India’s Reliance Industries bought a minority stake through one of its subsidiaries.