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Bill Gates is going nuclear, should you?

Daily InsightWednesday, Jun 12, 2024 9:13 am ET
6min read

Bill Gates and his energy company, TerraPower, are spearheading a significant advancement in nuclear energy by starting construction on a next-generation nuclear power plant in Wyoming. Gates, who is also the co-founder of Microsoft ($MSFT(MSFT)), believes this project will revolutionize power generation. The groundbreaking took place in the small community of Kemmerer, where Gates emphasized the transformative potential of the new technology. 

TerraPower applied for a construction permit from the Nuclear Regulatory Commission (NRC) in March for an advanced nuclear reactor that uses sodium for cooling instead of water. If approved, this reactor will operate as a commercial nuclear power plant, promising a new era of safer and more efficient nuclear energy.

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