Great news - Nuclear Reactors

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Hopeful story at Grist:

Next-gen Nukes
Back in 2009, Simon Irish, an investment manager in New York, found the kind of opportunity that he thought could transform the world while — in the process — transforming dollars into riches.

Irish saw that countries around the globe needed to build a boggling amount of clean-power projects to replace their fossil fuel infrastructure, while also providing enough energy for rising demand from China, India, and other rapidly growing countries. He realized that it would be very hard for renewables, which depend on the wind blowing and the sun shining, to do everything. And he knew that nuclear power, the only existing form of clean energy that could fill the gaps, was too expensive to compete with oil and gas.

But then, at a conference in 2011, he met an engineer with an innovative design for a nuclear reactor cooled by molten salt. If it worked, Irish figured, it could not only solve the problems with aging nuclear power, but also provide a realistic path to dropping fossil fuels.

“The question was, ‘Can we do better than the conventional reactors that were commercialized 60 years ago?” Irish recalled. “And the answer was, ‘Absolutely.’”

A bit about the technology (Irish started a company "Terrestrial Energy" which is trying to get a salt reactor online before 2030):

Terrestrial is far from alone. Dozens of nuclear startups are popping up around the country, aiming to solve the well-known problems with nuclear power — radioactive waste, meltdowns, weapons proliferation, and high costs.

There are reactors that burn nuclear waste. There are reactors designed to destroy isotopes that could be made into weapons. There are small reactors that could be built inexpensively in factories. So many ideas!

Good news indeed. These reactors can not melt down - they are walk-away safe.

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About this Entry

This page contains a single entry by DaveH published on February 20, 2019 1:29 PM.

Now that is a tailwind - 801MPH was the previous entry in this blog.

Good - she made her decision and needs to live up to it is the next entry in this blog.

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