Bill Gates' Nuclear Company Gets Approval to Build Next-Gen Reactor

Bill Gates' nuclear energy startup, TerraPower, has been granted approval from the Nuclear Regulatory Commission to build a next-generation reactor in Wyoming. This is the first commercial-scale, advanced nuclear power plant to ever receive the federal permit, according to the press release.

The reactor, which will be built in the town of Rock Springs, Wyoming, is expected to provide clean and reliable energy to the region. TerraPower's technology uses a small, traveling-wave reactor design that is capable of producing up to 500 megawatts of electricity.

The approval is a significant milestone for TerraPower, which has been working towards this goal for several years. The company has received significant funding from investors, including Bill Gates, who has invested over $1 billion in the company.

The reactor is expected to be completed in the mid-2020s and will provide a significant source of clean energy to the region. The approval is also a major step forward for the nuclear industry, which has been struggling to compete with renewable energy sources.

The Nuclear Regulatory Commission has been working with TerraPower to ensure that the reactor meets all safety and regulatory requirements. The commission has conducted extensive reviews of the reactor's design and safety features, and has determined that it meets all necessary standards.

The approval is a significant victory for TerraPower and the nuclear industry as a whole. It demonstrates the potential for advanced nuclear power to provide clean and reliable energy to communities around the world.

Sources

[4] Bill Gates’ nuclear company is the first to get approval to build next-gen reactor