Bill Gates invests 4 billion in the first nuclear reactor in Wyoming

The entrepreneur has chosen the energy sector to invest his capital: TerraPower has its first nuclear reactor with Netrium technology in the works

The Microsoft leader has decided to invest in nuclear power: Bill Gates, co-founder of TerraPower, a US nuclear reactor design company founded in 2006 based in Bellevue, has chosen the city of Kemmerer, Wyoming, to install the first nuclear reactor to be built by 2028 that will use the new nuclear technology called Netrium.

4 billion plant

The site was chosen taking into consideration some technical, social and geological characteristics, including the low seismicity of the area and the approval by the community that accepted the development of the reactor. Overall, the nuclear plant will cost approximately $ 4 billion, with an estimated life of 60 years and will provide 345 MW of electricity. In addition, there is a plan to increase the energy capacity to 500 MW.

New technology

TerraPower and GE Hitachi Nuclear Energy have developed so-called Natrium technology, which features a competitively priced sodium reactor combined with a molten salt energy storage system capable of generating electricity. This can be used immediately or be kept for hours in storage. This will provide clean and flexible energy – according to the creators of the technology – and stability, moreover, it will integrate perfectly into power grids with a high penetration of renewable energies.