Bill Gates’ TerraPower company will build its first advanced nuclear reactor in Kemmerer, a coal town in Wyoming.
- TerraPower is working on the Natrium reactor project with the energy company Warren Buffett
- The US government has agreed to allocate $ 1.9 billion to this project. TerraPower will spend 2 billion
- At the peak of the project’s development, Gatesa’s company will need around 2,000 sq m. construction workers
- More such information can be found on the main page of Onet.pl
The power plant will cost $ 4 billion, with half of the funding coming from the US government, reports Reuters. TerraPower wants to cut the costs of its future nuclear power plants to $ 1 billion, reports CNBC.
TerraPower, Bill Gates’ nuclear power company, has selected the city of Kemmerer in western Wyoming as the preferred location for its first advanced nuclear power plant.
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The plant, which the company calls the “demonstration project” for its Natrium reactor, will cost about $ 4 billion.that is four times more than TerraPower wants its nuclear power plants to cost in the future, CNBC reads.
“The important thing to realize is that the first power plant always costs more,” said Chris Levesque, president of TerraPower, quoted by CNBC. In 2020, TerraPower estimated that its plants will cost about $ 1 billion. – Reuters reported in June.
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A reactor that uses liquid sodium as a coolant instead of water will be safer, will perform better and will cost less than traditional nuclear energy, Bill Gates said in a June press briefing.
TerraPower is working on the Natrium reactor project with Warren Buffett’s energy company PacifiCorp. The reactor is to be completed in 2028, the TerraPower press release reads.
The US government has agreed to allocate $ 1.9 billion to this project, reports Reuters. $ 1.5 billion is expected to come from an infrastructure bill that was signed by President Joe Biden this week. TerraPower, founded by Gates 15 years ago, will spend $ 2 billion on this project. – we read in the announcement.
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The technologically advanced nuclear power plant in Kemmerer will be capable of producing 345 megawatts of primary electricity, but will also be able to supply 500 megawatts of power, enough energy to power around 400,000. houses – says the company.
The plant is to provide energy for 60 years, informs CNBC, citing statements from the president of TerraPower.
At the peak of the project’s development, Gatesa’s company will need around 2,000 sq m. construction workers – wrote in the press release. Mayor Kemmerer said in June that he hoped the plant would replace the hundreds of jobs that were lost following the closure of the coal-fired power plant.
TerraPower did not respond to Insider’s request for cost comment.
Crowd. Anna Anagnostopulu