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Gates said it is “a necessary, worthy and surmountable challenge to correct the naysayers”.
He said the need for clean energy is dire and the operation of nuclear power plants produces no greenhouse gas emissions. Innovations in nuclear technology are making nuclear energy safer and more affordable, and countries around the world are starting to adopt nuclear power, Gates said.
“Nuclear is actually safer than any other source of [power] generation,” Gates said. “You know, coal plants, coal particulate, natural gas pipelines blowing up. The deaths per unit of power on these other approaches are far higher.”
“There’s a new generation [of nuclear power] that solves the economics, which has been the big, big problem,” he said, referring to the fact that the power plants are very expensive to build. “At the same time, it revolutionises the safety.”
- Source: Nucnet
- Date: Saturday, 27 February 2021
- Original article: nucnet.org/news/we-need-to-correct-the-naysayers-on-nuclear-2-5-2021
The challenges the nuclear industry faces are largely external and must be overcome if it is to help tackle the existential threat of climate change, panellists in the Nuclear Energy and its Future session of the Reuters Next conference on 11 January said. These challenges include: the notion nuclear is an out-dated technology; the cost of finance; market design; political changes; perceived competition with renewable energy; and the public's misconceptions about radioactive waste.
- Source: World Nuclear News
- Date: Friday, 15 January 2021
- Original article: world-nuclear-news.org/Articles/The-real-challenges-to-nuclear-are-external,-says
The 2020 edition of the biennial International Atomic Energy Agency (IAEA) booklet, Advances in Small Modular Reactor Technology Developments provides the latest data and information on SMRs around the world, including detailed descriptions of 72 reactors under development or construction in 18 countries.
- Source: NEI Magazine
- Date: Wednesday, 04 November 2020
- Original article: neimagazine.com/news/newsnew-iaea-publication-looks-at-smr-development-8342387
The US Department of Energy (DOE) on 13 October announced it has selected two teams to receive $160 million in initial funding under the new Advanced Reactor Demonstration Program (ARDP).
- Source: NEI Magazine
- Date: Friday, 16 October 2020
- Original article: neimagazine.com/news/newsus-funding-for-terrapower-and-x-energy-8181875
Teams led by TerraPower and X-energy have been announced as the recipients of USD160 million in initial funding under the US Department of Energy's (DOE) Advanced Reactor Demonstration Program (ARDP). The companies get USD80 million each to build a demonstration plant that can be operational within seven years.
- Source: World Nuclear News
- Date: Thursday, 15 October 2020
- Original article: world-nuclear-news.org/Articles/US-DOE-selects-advanced-reactor-designs-for-demons
The move is part of the TerraPower-led proposal for the US Department of Energy’s advanced reactor demonstration programme, which is intended to support the deployment of two first-of-a-kind advanced reactor designs in the next five to seven years.
Bechtel joins a team that also includes GE Hitachi Nuclear Energy, PacifiCorp, Energy Northwest, and Duke Energy.
The Natrium system, unveiled in August, features an advanced, sodium fast reactor with a molten salt energy storage system based on those used in solar thermal generation.
According to TerraPower, the result is a design that is affordable and capable of adapting to changes in daily electricity demands driven by solar and wind energy fluctuations. The Natrium technology also separates nuclear and non-nuclear facilities and systems within the plant footprint, simplifying the licensing process and lowering construction costs.
- Source: Nucnet
- Date: Wednesday, 14 October 2020
- Original article: nucnet.org/news/company-founded-by-bill-gates-to-work-with-bechtel-on-natrium-reactor-project-10-2-2020
US-based TerraPower has named Bechtel as its plant design, licensing, procurement, and construction partner in a federal grant application to build a demonstration plant for the Natrium™ reactor and energy system architecture. Bechtel joins a team that also includes GE Hitachi Nuclear Energy, PacifiCorp, Energy Northwest, and Duke Energy.
- Source: NEI Magazine
- Date: Tuesday, 13 October 2020
- Original article: neimagazine.com/news/newsterrapower-names-bechtel-as-construction-partner-for-natrium-reactor-8177026
TerraPower has selected Bechtel as its design, licensing, procurement and construction partner in a federal grant application to build a demonstration plant for the Natrium reactor and energy system architecture. TerraPower and GE Hitachi Nuclear Energy (GEH) launched the Natrium concept in August. It features a 345 MWe sodium fast reactor combined with a molten salt energy storage.
- Source: World Nuclear News
- Date: Saturday, 10 October 2020
- Original article: world-nuclear-news.org/Articles/Terrapower-selects-Bechtel-as-Natrium-engineering
US-based TerraPower announced on 15 September that its plans to team up with Centrus Energy Corp to establish commercial-scale, domestic production capabilities for high-assay, low-enriched uranium (HALEU), which will be needed to fuel many next-generation reactor designs, including the Natrium Power Storage System designed by TerraPower and GE Hitachi Nuclear Energy.
- Source: NEI Magazine
- Date: Friday, 18 September 2020
- Original article: neimagazine.com/news/newsterrapower-and-centrus-to-co-operate-on-haleu-fuel-8138229
The proposed investment is part of the TerraPower-led proposal for the US Department of Energy’s advanced reactor demonstration programme, which is intended to support the deployment of two first-of-a-kind advanced reactor designs in the next five to seven years.
The programme requires applicants to “establish a plan by which they would obtain the fuel/special nuclear material needed for their projects”.
The TerraPower application proposes that, if selected for the programme, the company would work with Centrus to build commercial-scale capacity to produce Haleu and fabricate it into metal fuel assemblies. Haleu, which is not commercially available today, offers improved reactor economics, greater fuel efficiency, enhanced safety and proliferation resistance, lower volumes of waste and other advantages.
- Source: Nucnet
- Date: Thursday, 17 September 2020
- Original article: nucnet.org/news/company-announces-plans-for-commercial-haleu-production-9-3-2020