Global Energy Transformation Institute (GETI)

Traveling Wave Reactors

Posted on | March 5, 2010 | 1 Comment

The company Terrapower with Bill Gates as one of the key investors develops the emerging technology of “traveling wave reactors.” This new nuclear technology is based on using uranium that has already been used in existing reactors. Only five per cent of the energy of the uranium has been used, and the used fuel could be used to power a traveling wave reactors for many decades or a century into the future.

This is one of the possible energy “miracles” that Bill Gates was speaking about in his recent TED speech. According to the CEO of the company, James Gilleland, a commercial reactor could be in use by the early 2020′s.

This technology development is a key example of a new innovative technology that could possibly be one of the energy “miracles” of the future. It is the mission of Global Energy Transformation Institute to inform about the need to manage the identification, the development and implementation of these technologies on a number of levels. The most promising technologies need to be prioritized and funded from private and government sources, so that the time to market for these technologies is made as short as possible.

For all we know there may be twenty to thirty “technology complexes” or large scale system transformation models and plans that need to be developed and implemented on a large scale in order to supply a substantial share of the energy of the future. It will make a tremendous difference, even for our present generations, if we could reduce the time needed for development and large scale implementation of these by five or ten years. This could only be done if we manage these projects tightly towards ambitious goals.

http://www.ted.com/talks/bill_gates.html

http://www.freerepublic.com/focus/f-news/2194081/posts

http://www.intellectualventures.com/TerraPower.aspx

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    March 8th, 2010 @ 4:03 am

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