BELLEVUE, Wash. — TerraPower, the venture that’s working on next-generation nuclear reactors with backing from Microsoft co-founder Bill Gates, is now working on next-generation uses for coal as well.
The privately held company, based in Bellevue, is part of a team that’s receiving more than $1 million in federal funding to develop an emissions-free process to produce carbon fiber from coal.
The prime recipient of the funding is Ramaco Carbon — a coal resource, research and carbon manufacturing company based in Sheridan, Wyo. Ramaco focuses on developing high-value applications for coal that don’t involve its use in power plants.
