A nuclear energy venture founded by Bill Gates said Thursday it hopes to build small advanced nuclear power stations that can store electricity to supplement grids increasingly supplied by intermittent sources like solar and wind power.
FILE PHOTO: Bill Gates, Co-Chair of Bill & Melinda Gates Foundation, attends a conversation at the 2019 New Economy Forum in Beijing, China November 21, 2019. REUTERS/Jason Lee - RC2MFD9FAT7I/File Photo
TerraPower LLC, which Gates founded 14 years ago, and its partner GE Hitachi Nuclear Energy, plan to commercialize stations called Natrium in the United States later this decade, TerraPower’s President and Chief Executive Chris Levesque said.Levesque said the companies are seeking additional funding from private partners and the U.S.
Molten salt power storage has been used at thermal solar plants in the past, but leaks have plagued some of the projects. Gates, chairman of TerraPower’s board, said in a statement that Natrium innovation was “extremely difficult” but its team had “the expertise, commercial experience, and the resources necessary” to develop viable reactors.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bill Gates: 'I was so jealous' of 'genius' Steve JobsBillionaire Microsoft co-founder Bill Gates talks about the traits he envied in the late Steve Jobs in a recent podcast interview. 'He was such a wizard at over-motivating people,' Gates says of the former Apple CEO.
Read more »
Melinda Gates on HopeFor VogueHope, we asked a group of leaders, innovators, and creative talents to tell us what hope means to them now—and why it’s more essential than ever before. Here, melindagates shares her thoughts:
Read more »
Party on With 'Bill & Ted' Trivia-Themed Board GameFans of the sci-fi buddy comedies can now brush up on worldly facts, pass a history class, and save the world.
Read more »
Editorial: This California bill would stop bad cops from bouncing from city to citySenate Bill 731 would prevent fired police officers from moving to another agency. It's an important effort to hold officers accountable for excessive force.
Read more »
Keanu Reeves Requested to Wear a Suit in 'Bill & Ted Face the Music'Costume designer Jennifer Starzyk also discusses collaborating closely with the leads and passing the titular duo's fashion legacy onto their daughters.
Read more »
Watch Keanu Reeves, Alex Winter Talk 'Bill and Ted' on 'Colbert'Keanu Reeves and Alex Winter videoed into LSSC to talk about the return of 'Bill & Ted' and the actors’ decades-long friendship
Read more »