InvestorsHub Logo
Followers 84
Posts 32152
Boards Moderated 85
Alias Born 03/22/2005

Re: wow_happens28 post# 22

Tuesday, 08/29/2023 12:27:48 AM

Tuesday, August 29, 2023 12:27:48 AM

Post# of 97
>> good safe mix <<

I figure the 'return of capital' is as or more important than 'return on capital' :o)

I see Bill Gates is investing in nuclear (TerraPower) -


>>> Bill Gates on the future of nuclear energy, AI <<<

https://abcnews.go.com/Technology/bill-gates-future-nuclear-energy-ai/story?id=99160110

Excerpt - >>> Most nuclear reactors in the U.S. use water to cool the system, but water is not the best at absorbing heat, and there are pressure risks associated with overheating, which could eventually lead to a meltdown. This new reactor, which is set to open in 2030, will use liquid sodium instead of water to cool it. Sodium's boiling point is eight times higher than water, and, unlike water, liquid sodium does not need to be continually pumped back into the system.

"We've solved all the areas where there have been safety challenges. And we have dramatically less waste," Gates said. "A great thing is that the regulator in the United States is the best in the world and they do a very good job. So part of the process between now and 2030 is an immensely detailed review with that safety commission about how this design is far safer than anything that came before."


The new plant, which has been in the works for 15 years, faced delays at the end of 2022 after Russia's invasion of Ukraine in February of that year resulted in the loss of a special fuel source made in Russia. But Gates assured these issues are temporary.

"A lot of uranium mines and processing factories got shut down because people expected Russia to stay as a supplier. We do need to build that up domestically," Gates said. "But we have uranium domestically. We have the ability to do the processing domestically... In the long run, because of our uranium deposits here, because of the efficiency of the reactor, this thing can have a completely domestic supply chain."

<<<




---

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.