Bill gates predicts Terrapower, the next generation nuclear power developer he's invested in, will build a new nuclear reactor by 2022, and have a fully functional power plant by 2028. Gates has said that nuclear power is critical in replacing fossil fuel energy and cutting greenhouse gas emissions. Mr. Gates says he's invested in TerraPower “not because I expect to make a ton of money on it, but because it’s zero carbon dioxide and the economics are good,”. Gates claim's that TerraPower new technology advancements makes it cheaper than todays nuclear power plants. TerraPower mission aims to develop a sustainable and economic nuclear energy system while greatly reducing proliferation risks and creating new options for converting low level waste into vast energy resource using low enriched material, this innovative reactor design can run for decades on depleted uranium, currently a waste byproduct of the enrichment process.
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