BELLEVUE, Wash. — TerraPower, the Bellevue-based nuclear power venture co-founded by Bill Gates, has won an $8.55 million grant from the U.S. Department of Energy to work on safer methods to recover uranium from used nuclear fuel.
TerraPower’s recycling process is among 11 projects that will receive a total of $36 million in federal funding from the department’s Advanced Research Projects Agency – Energy, or ARPA-E. The grants are aimed at supporting technologies that would limit the amount of waste produced by advanced nuclear reactors.
““Developing novel approaches to safely manage nuclear waste will enable us to power even more homes and businesses in America with carbon-free nuclear energy,” Energy Secretary Jennifer Granholm said today in a news release. “ARPA-E is doing just that by supporting companies and universities that are working on next-generation technologies to modernize advanced reactors and strengthen the nation’s clean energy enterprise.”
TerraPower’s grant is the largest of the 11 announced today for ARPA-E’s ONWARDS program. The acronym stands for “Optimizing Nuclear Waste and Advanced Reactor Disposal Systems.”