Lightbridge Corporation (LTBR)

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This next-generation nuclear power plant is pitched for Washington state. Can it ‘change the world’?

RICHLAND — Near the Columbia River, Clay Sell hopes to launch a new era of nuclear power with four small reactors, each stocked with billiard ball-sized “pebbles” packed full of uranium fuel.

Chief executive officer of Maryland-based X-energy, Sell aims to bring the project online by 2028 as part of a broader attempt to develop safer, more flexible reactors to redefine the nation’s energy future.

These efforts have gained support in the nation’s capital where many Democrats eager to make progress on climate change have joined with Republicans to funnel money into development. The federal Energy Department has received $160 million to help fund X-energy, and the infrastructure bill that cleared Congress on Friday ups that amount to cover almost half the projected $2.2 billion cost of the Washington reactor project.

“We believe what starts here in Washington is going to change the world,” Sell said to public-utility officials gathered Oct. 28 in Kennewick.

https://www.seattletimes.com/seattle-news/environment/this-next-generation-nuclear-power-plant-is-pitched-for-washington-state-can-it-change-the-world/