Bill Gates-backed company looks to turn nuclear waste into power
Feb 18, 2013
Microsoft (NASDAQ: MSFT) founder Bill Gates is investing in a start-up company aiming to use nuclear by-products to generate nuclear energy. Washington-based Terra Power believes it has found a way of turning nuclear fuel into affordable low-carbon electricity.
A wave reaction burns depleted uranium very slowly with no need to refuel for 40 years. Conventional reactors require refueling every two years. It is expected that governments will be the first to take on the technology, as utilities are unlikely to invest until it is proven. This article first appeared on Power Engineering International.
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