TERRAPOWER GETS OK TO START CONSTRUCTION OF ITS FIRST NUCLEAR PLANT

Summary from the TLDR newsletter

The US Nuclear Regulatory Commission has issued a construction approval to TerraPower to begin working on a site in Kemmerer, Wyoming. TerraPower, financially backed by Bill Gates, is attempting to build a sodium-cooled reactor that incorporates energy storage as part of its design. The project is expected to be completed in 2030, but delays are expected as it is a first-of-its-kind project. It is being built as a joint public-private partnership as part of the Department of Energy's Advanced Reactor Demonstration Program.