Bill Gates Talking With China To Develop Nuclear Reactor

“The idea is to be very low cost, very safe and generate very little waste,” said the billionaire during a talk at China’s Ministry of Science and Technology.

Gates said he had largely funded a Washington state-based company, TerraPower, that is developing a Generation IV nuclear reactor that can run on depleted uranium. TerraPower says it has discussed its plans with India, Russia and other countries with nuclear energy programs.

The general manager of state-owned China National Nuclear Corporation, Sun Qin, was quoted in Chinese media last week saying Gates was working with it to research and develop a reactor.

“TerraPower is having very good discussions with CNNC and various people in the Chinese government,” said Gates, cautioning the talks were at an early stage.