US says Gates-backed reactor company's planned application needs work

FILE PHOTO: Bill Gates, Co-Chair of Bill & Melinda Gates Foundation is pictured at an event at a hotel in New DelhiWASHINGTON - U.S. regulators this week told a nuclear power company founded by Bill Gates that its planned construction permit application for a high-tech reactor needs more work, an issue that a critic of the technology said could delay development of the plant in Wyoming.

The NRC told TerraPower that the company made several references to technical and licensing reports that its staff has not yet reviewed or that are currently under review. "TerraPower should take the time to produce a complete, high-quality application. Otherwise, the Wyoming project is likely to encounter costly delays," Lyman said.

The review questions how TerraPower will demonstrate that the materials used to construct the plant will survive harsh conditions over its operating life, Lyman said.TerraPower in late 2022 delayed Natrium's launch date by at least two years to 2030 due to a lack of special fuel called high assay low enriched uranium, or HALEU. Russia has been the only supplier of HALEU, but TerraPower and Centrus Energy Corp are trying to establish commercial production capabilities for the 2030 start.

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