11/25/2021- 9:17 a.m.
Bill Gates’ TerraPower eyes next experimental nuclear reactor
The Microsoft owner’s nuclear power start-up is set to build a second experimental nuclear reactor in partnership with the US govt and Southern utility company.
The $170mn Idaho-based project will be 80% funded by the Department of Energy to explore the use of molten chloride as a coolant, and is expected to cover power for over 500k homes.
It comes a week after TerraPower announced its first experimental nuclear reactor, a $4bn mega-project with half the funding coming from Biden’s infrastructure plan.
Philanthropy isn’t cheap for Build Back Bill.