Gates-backed TerraPower pitches new nuclear tech | Cutting Edge - CNET News
Ottway Ducard stashed this in Energy
Now that's long-term.
The nature of TerraPower's nuclear power design--and the multi-year pace of nuclear power development in general--means that these discussions are long term in nature. The company is pursuing a traveling wave reactor design where the depleted uranium in spent fuel from today's nuclear power plants is used to create electricity.
A company executive last month said TerraPower intends to start construction of a plant in 2015 and have its first plant operating in the 2020s. During a talk on nuclear power financing last month, TerraPower project manager Tyler Ellis said the company is seeking to work with individual countries on adopting this technology as part of each nation's overall energy strategy.