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Bill Gates And Toshiba Discuss Mini Nuclear Reactor Venture

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A company backed by Microsoft chairman Bill Gates is in talks with Japan’s Toshiba to develop a new generation of nuclear reactors.

Mr Gates’ TerraPower and Toshiba are investigating technology for mini-reactors, which are more cost-efficient than conventional units.

The hope is that the new reactors might be suitable for use in cities or emerging-market countries.

Toshiba emphasised that the two sides were only in early-stage talks.

Mr Gates is the principal owner of TerraPower, which investigates ways to improve emission-free energy supplies using small nuclear reactors.

Japan’s Nikkei newspaper, which first reported the talks, said that Mr Gates could put tens of millions of dollars of his own money into a joint venture with Toshiba.

Mini-reactors could last up to 100 years without refuelling, unlike today’s units which need replenishing every few years.

Toshiba is the world’s third-largest maker of microchips and also owns the Westinghouse reactor design company.

TerraPower is looking into so-called travelling-wave reactors (TWRs), which use depleted uranium as fuel and can last far longer.

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Article courtesy bbc.co.uk