Global Nuclear Fuel-Americas (GNF-A) and reactor developer TerraPower have agreed to build a Natrium fuel facility at the site of GNF-A’s existing plant site near Wilmington, North Carolina.
The Natrium Fuel Facility will be jointly funded by TerraPower and the US Department of Energy through the advanced reactor demonstration programme, which aims to speed the demonstration of advanced reactors through cost-shared partnerships with US industry.
GNF-A, a GE-led joint venture, and TerraPower, a reactor technology company founded by Bill Gates, said in a joint statement that the facility represents an investment of more than $200m (€203m).
Construction is anticipated to begin in 2023 and, once complete, the facility expected to support up to 100 new, permanent jobs.
The Natrium Fuel Facility will be jointly funded by TerraPower and the US Department of Energy through the advanced reactor demonstration programme, which aims to speed the demonstration of advanced reactors through cost-shared partnerships with US industry.
GNF-A, a GE-led joint venture, and TerraPower, a reactor technology company founded by Bill Gates, said in a joint statement that the facility represents an investment of more than $200m (€203m).
Construction is anticipated to begin in 2023 and, once complete, the facility expected to support up to 100 new, permanent jobs.
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