Tuesday, August 21, 2012

Bill Gates to Develop New Nuclear Reactor with Korea

Last December TerraPower was rumoured to have a deal with China, but Gates noted discussions were preliminary and talks continued with other nations (here). 

The Chosun Ilbo (English Edition): Daily News from Korea - Bill Gates to Develop New Nuclear Reactor with Korea:
Microsoft founder Bill Gates has pledged to develop with Korea a revolutionary nuclear reactor that will leave far less radioactive waste than existing ones.

Gates, who retired from managing Microsoft in 2008, invested US$35 million to establish a nuclear-power venture company called TerraPower in 2010.

Gates met with the head of the Korean Nuclear Society, Chang Soon-heung, in Seattle on Thursday and agreed to cooperate in the development of a sodium-cooled fast reactor, the KNS said Sunday. SFRs are next-generation nuclear technology that can use spent nuclear fuel rods from conventional reactors.

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