Haley Zaremba of OilPrice.com writes on Bill Gates and Warren Buffet’s alliance to reimagine nuclear energy.
- Bill Gates and Warren Buffet are teaming up to deploy an advanced nuclear reactor in Wyoming.
- The joint venture, which is being deployed through TerraPower, will have a reactor live by 2028, although excessive regulations could delay final deployment.
- Private sector innovation is creating a cleaner planet, but to further deploy green energy government should look for ways to reduce regulations to allow the private sector to thrive.
“Bill Gates’ nuclear venture is called TerraPower, and it has (rather symbolically) picked a remote coal town in western Wyoming as the site of its first innovative nuclear power plant. The plant will be cooled with liquid sodium instead of water, making it safer, more efficient, and more cost-effective than a traditional nuclear plant. They also have the potential to recycle their own spent fuel within these ‘molten salt’ cooling systems, thereby mitigating the total output of radioactive waste which represents one of nuclear critics’ strongest sticking points.”
Read the full article here.