Japan helps build Bill Gates’ high-tech nuclear reactor in Wyoming-Yomiuri


The logo of Mitsubishi Heavy Industries can be seen at the company’s press conference in Tokyo, Japan, May 9, 2016. REUTERS / Issei Kato

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TOKYO, Jan. 1 (Reuters) – Japan Atomic Energy Agency (JAEA) and Mitsubishi Heavy Industries Ltd (7011.T) are partnering with the United States and Bill Gates’ venture firm to build a high-tech nuclear reactor in Wyoming, reported the daily Yomiuri on Saturday.

The parties will sign an agreement for JAEA and Mitsubishi Heavy Industries back in January to provide technical support and data from Japan’s own advanced reactors, the report said, citing several unidentified sources.

TerraPower, an advanced nuclear company founded by Gates, will open its sodium plant in Wyoming in 2028. The US government will fund half of the $ 4 billion project. Continue reading

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Terrapower initially had the prospect of building an experimental nuclear power plant with the state-owned China National Nuclear Corp. checked until it was forced to seek new partners after Donald Trump’s administration curtailed nuclear deal with China.

The United States is competing with China and Russia, who also hope to build and export advanced reactors.

Japan, on the other hand, has a bitter history of decommissioning its advanced Monju reactor in 2016, a project that cost $ 8.5 billion but produced little results and years of controversy.

The Monju facility has seen accidents, law violations and cover-ups since its inception and was closed due to public distrust of nuclear power after the Fukushima nuclear disaster in 2011.

Both JAEA and Mitsubishi Heavy Industries could not be reached for comment as their offices were closed over the New Year holidays.

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Reporting by Sakura Murakami; Adaptation by Kim Coghill

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