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Latest Traveling wave reactor Stories

2013-09-04 12:24:16

Report: TWRs Will Likely Be Economically Obsolete Before They Are Commercialized WASHINGTON, Sept. 4, 2013 /PRNewswire-USNewswire/ -- Bill Gates's heart is in the right place on climate: we do need to get to a very low carbon emissions energy system. But, when it comes to the travelling wave reactor, his money is not. A new report from the nonprofit Institute for Energy and Environmental Research (IEER) think tank finds that the "traveling wave reactor" (TWR) concept championed by...

2010-06-14 14:41:00

WALTHAM, Mass., June 14 /PRNewswire/ -- Charles River Ventures (CRV), one of the nation's leading early-stage venture capital firms, today announced that it has invested in the $35 million Series B financing round for TerraPower, LLC. TerraPower is a Bellevue, Washington-based company developing new options for nuclear energy production. Khosla Ventures also joined in the round for this three-year-old company that counts Intellectual Ventures co-founder Nathan Myhrvold and investor Bill...