Outside a small coal town in southwest Wyoming, a multibillion-dollar effort to build the first in a new generation of American nuclear power plants is underway.
Workers began construction on Tuesday on a novel type of nuclear reactormeant to be smaller and cheaper than the hulking reactors of old and designed to produce electricity without the carbon dioxide that is rapidly heating the planet.
The reactor being built by TerraPower, a start-up, won’t be finished until 2030 at the earliest and faces daunting obstacles. The Nuclear Regulatory Commission hasn’t yet approved the design, and the company will have to overcome the inevitable delays and cost overruns that have doomed countless nuclear projects before.
What TerraPower does have, however, is an influential and deep-pocketed founder. Bill Gates, currently ranked as the seventh-richest person in the world, has poured more than $1 billion of his fortune into TerraPower, an amount that he expects to increase.
“If you care about climate, there are many, many locations around the world where nuclear has got to work,” Mr. Gates said during an interview near the project site on Monday. “I’m not involved in TerraPower to make more money. I’m involved in TerraPower because we need to build a lot of these reactors.”
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Today, every American nuclear plant uses light-water reactors, in which water is pumped into a reactor core and heated by atomic fission, producing steam to create electricity. Because the water is highly pressurized, these plants need heavy piping and thick containment shields to protect against accidents.
TerraPower’s reactor, by contrast, uses liquid sodium instead of water, allowing it to operate at lower pressures. In theory, that reduces the need for thick shielding. In an emergency, the plant can be cooled with air vents rather than complicated pump systems. The reactor is just 345 megawatts, one-third the size of (the vastly over budget and behind schedule but now up and running in Georgia) Vogtle’s reactors, making for a smaller investment.
TerraPower’s design has another unique feature. Most reactors can’t easily adjust their power output, making it hard to mesh with fluctuating wind and solar farms. TerraPower’s reactor will have a molten salt battery that allows the plant to ramp up or down as needed.
“That helps with the economics,” Mr. Levesque said. “We can store energy and then sell it to the grid when it has a higher value.”
Still, it remains to be seen whether TerraPower can achieve lower costs. In 2022, the company estimated that its Kemmerer reactor would cost $4 billion, with the Energy Department contributing up to $2 billion. That’s already pricier than modern gas or renewable plants, and costs could rise further.
Most recent attempts to build nuclear plants have been hobbled by delays and unforeseen expenses, said David Schlissel, a director at the Institute for Energy Economics and Financial Analysis. Last year in Idaho, NuScale, another start-up, abandoned plans to build six small light-water reactors after struggling with price increases.
“There’s no evidence these small reactors are going to be built any faster or any cheaper than larger ones,” Mr. Schlissel said, arguing that utilities should prioritize safer investments like wind, solar and batteries.
Advanced reactors typically use a coolant other than water and operate at lower pressures and higher temperatures. Such technology has been around for decades, but the United States has continued to build large, conventional water-cooled reactors as commercial power plants. The Wyoming project is the first time in about four decades that a company has tried to get an advanced reactor up and running as a commercial power plant in the United States, according to the NRC.
It’s time to move to advanced nuclear technology that uses the latest computer modeling and physics for a simpler plant design that’s cheaper, even safer and more efficient, said Chris Levesque, the company’s president and chief executive officer.
TerraPower’s Natrium reactor demonstration project is a sodium-cooled fast reactor design with a molten salt energy storage system.
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Most advanced nuclear reactors under development in the U.S. rely on a type of fuel — known as high-assay low-enriched uranium — that’s enriched to a higher percentage of the isotope uranium-235 than the fuel used by conventional reactors. TerraPower delayed its launch date in Wyoming by two years to 2030 because Russia is the only commercial supplier of the fuel, and it’s working with other companies to develop alternate supplies. The U.S. Energy Department is working on developing it domestically.
Edwin Lyman co-authored an article in Science on Thursday that raises concerns that this fuel could be used for nuclear weapons. Lyman, the director of nuclear power safety with the Union of Concerned Scientists, said the risk posed by HALEU today is small because there isn’t that much of it around the world. But that will change if advanced reactor projects, which require much larger quantities, move forward, he added. Lyman said he wants to raise awareness of the danger in the hope that the international community will strengthen security around the fuel.
NRC spokesperson Scott Burnell said the agency is confident its current requirements will maintain both security and public safety of any reactors that are built and their fuel.

Bill Gates, one of the world’s richest men, is seeking government finance for this because he already knows the costs don’t pencil out. See: https://ieefa.org/articles/small-modular-reactors-are-still-too-expensive-too-slow-and-too-risky
Gates’ buddy, Warren Buffett, also one of the world’s richest men, gets tax credits to build wind turbines and says that’s the only reason to build them.
Video not available in Oz,
Design not yet approved. Over *&%* days to CONNECT home solar panels. $1.7 million to build a one hole shthouse. Just in the Hu Ess Ay, the home of stats, before we consider the rest of the world!
The human race is doomed.
Tom Toro’s great cartoon:
“Yes, the planet got destroyed.
But for a beautiful moment in time we created a lot of value for shareholders.”
The Natrium might be an opportunity for Elon Musk. One of the biggest ingredients is stainless steel. If his starship hits a lot of snags like his cybertruck, this could be a place to put all that equipment and expertise to work.
One benefit to building Natriums in coal rich Wyoming is that coal is a good source of carbon while Natriums will be a good source of industrial heat. Add some water and you can use Fischer-Tropsch to make useful hydro carbons like oil (which civilization will always need).
Cal Abel, the inventor of the Natrium, describes it all in this podcast with Tom Nelson: