Bill Gates’ TerraPower gets approval to build new nuclear reactor
The Nuclear Regulatory Commission (NRC) gave TerraPower the go-ahead this week to build a new nuclear reactor in the shadow of an aging coal power plant in Wyoming.
TerraPower’s permit is the first to be issued by the NRC in nearly a decade.
Natrium differs from other reactors not just in scale, but also in the details of its design.
TerraPower alone has raised a total of $1.
7 billion, including a $650 million round that closed in June, according to PitchBook. Despite the momentum, nuclear power still faces an uphill battle. To date, nuclear has been one of the most expensive forms of new generating capacity.
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