And the verbiage that many will glance over yet will have the greatest future impacts for all alive is: "...includes an energy storage system..."
Todays U.S. meeting "Roundtable on Ratepayer Protection Pledge" with the U.S. President himself leading that meeting garnished commitments from Big Tech as it relates to energy. In time Big Tech Energy divisions will be thing and some citizens will be paying their utilities bill to them.
In Texas and Massachusetts you can actually pick your power provider while paying the natural monopoly for the wires. In time I hope we all can do this.
This is how it works in NYC, but the wires are almost twice as expensive as the power. (If you add taxes and the numerous weird fees, the total bill is a solid 3x the cost of the power.) It's really all about the grid maintenance and management these days.
Presumably it’ll end up like the NuScale one, raise a few billion for design and prototyping and then every 6 months or so increase the target wholesale price by 50% until it makes no sense at all economically to begin primary construction. They’ll reverse IPO along the way and manipulate the stock enough to get insiders paid out while the carcass of a company trundles along.
No. They have Bill Gates as a founder. Bill Gates understands that nuclear is a long game.
> They’ll reverse IPO along the way and manipulate the stock enough to get insiders paid out while the carcass of a company trundles along.
I'm not sure what "reverse IPO" means, maybe you mean they'll be acquired by a SPAC, like NuScale was. I doubt it. Bill Gates founded Terrapower in 2008, he is not looking for a quick buck.
In theory, at least, they have finished their design, had it reviewed by the NRC, and had it approved, so there should be no significant design changes.
But that also applies for the current generation of reactors and nobody can build them to schedule or budget in the USA or Europe.
Great, hopefully the ship is turning around slowly. I have been hearing from pro-carbon "environmentalists" for 30 years that "we should have built nuclear 20 years ago but doing so now would be pointless". Meanwhile we may have just reached peak-coal today if we are lucky. Well past time to stop listening to anything those grifting charlatans have to say.
Huh? You’re going to need a citation to throw those kind of accusations around. A serial philanderer? Absolutely. But all indications are he was interested in adult women, not even young women. I think the Russian call girls that Epstein set him up with were in their 30s?
The Kemmerer Unit 1 project... would be used to demonstrate the TerraPower and General Electric-Hitachi Natrium sodium fast reactor technology. [0]
https://en.wikipedia.org/wiki/Sodium-cooled_fast_reactor
[0] https://www.nrc.gov/reactors/new-reactors/advanced/who-were-...
And the verbiage that many will glance over yet will have the greatest future impacts for all alive is: "...includes an energy storage system..."
Todays U.S. meeting "Roundtable on Ratepayer Protection Pledge" with the U.S. President himself leading that meeting garnished commitments from Big Tech as it relates to energy. In time Big Tech Energy divisions will be thing and some citizens will be paying their utilities bill to them.
In Texas and Massachusetts you can actually pick your power provider while paying the natural monopoly for the wires. In time I hope we all can do this.
This is how it works in NYC, but the wires are almost twice as expensive as the power. (If you add taxes and the numerous weird fees, the total bill is a solid 3x the cost of the power.) It's really all about the grid maintenance and management these days.
There are large solar power stations on the grid in California owned by tech firms so you may indeed already be paying, indirectly, Apple for energy.
Their hoped-for completion date is "2031". Anyone want to hazard a guess about what their actual completion date for this plant will be?
Presumably it’ll end up like the NuScale one, raise a few billion for design and prototyping and then every 6 months or so increase the target wholesale price by 50% until it makes no sense at all economically to begin primary construction. They’ll reverse IPO along the way and manipulate the stock enough to get insiders paid out while the carcass of a company trundles along.
No. They have Bill Gates as a founder. Bill Gates understands that nuclear is a long game.
> They’ll reverse IPO along the way and manipulate the stock enough to get insiders paid out while the carcass of a company trundles along.
I'm not sure what "reverse IPO" means, maybe you mean they'll be acquired by a SPAC, like NuScale was. I doubt it. Bill Gates founded Terrapower in 2008, he is not looking for a quick buck.
In theory, at least, they have finished their design, had it reviewed by the NRC, and had it approved, so there should be no significant design changes.
But that also applies for the current generation of reactors and nobody can build them to schedule or budget in the USA or Europe.
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No, but I'm certain the polymarket gamblers do.
I did have the same thought, had a quick look (I'm not a polymarket user) and couldn't find a market relating to this project.
Put it this way, if it's in commercial operation by 2031 I'll eat my hat.
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This is huge, historic even.
Maybe. There is a long road from "approved" to "operational".
Great, hopefully the ship is turning around slowly. I have been hearing from pro-carbon "environmentalists" for 30 years that "we should have built nuclear 20 years ago but doing so now would be pointless". Meanwhile we may have just reached peak-coal today if we are lucky. Well past time to stop listening to anything those grifting charlatans have to say.
They got what they wanted. They are still successfully killing solar and wind projects.
I'll be surprised if this project actually gets built, though.
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> pedo Bill Gates
Huh? You’re going to need a citation to throw those kind of accusations around. A serial philanderer? Absolutely. But all indications are he was interested in adult women, not even young women. I think the Russian call girls that Epstein set him up with were in their 30s?
What are the substantive safety or environmental objections to the project that TerraPower is bypassing by allegedly bribing the government?
I don't know. I guess we'll find out the hard way.