TerraPower said its flagship project has been delayed two years because Russia was its sole uranium supplier.
Pamela J. Peters/Reuters
TerraPower has delayed a demo of its flagship nuclear reactor project in Wyoming by at least two years.
The nuclear innovation company said it’s unable to get uranium fuel from any source other than Russia.
TerraPower has received backing from Bill Gates and the US DOE for its advanced nuclear plant design.
A next-generation nuclear reactor project backed by Bill Gates and the US Department of Energy has hit a wall — because its only source for the uranium it needs is Russia.
TerraPower, the company behind the project, has pushed back bringing its flagship reactor into operation by at least two years, due to the fallout from western sanctions on Moscow over its invasion of Ukraine.
Its CEO Chris Levesque said the war has hit supplies of high-assay low-enriched uranium, or HALEU. That means the Natrium nuclear plant that TerraPower is building in Wyoming won’t go into demonstration service in 2028 as planned.
“In February 2022, Russia’s invasion of Ukraine caused the only commercial source of HALEU fuel to no longer be a viable part of the supply chain for TerraPower, as well as for others in our industry,” Levesque said in a newsletter message last week.
Efforts to get US manufacturers in commercial production and to find alternative suppliers have not worked out, he said.
“Given the lack of fuel availability now, and that there has been no construction started on new fuel enrichment facilities, TerraPower is anticipating a minimum of a two-year delay to being able to bring the Natrium reactor into operation,” Levesque added.
Gates helped found TerraPower in 2006 and has served as its chairman since then. The company has said its aim is to provide the world with a more affordable, secure and environmentally friendly form of nuclear energy.
Its Natrium project is expected to cost $4 billion to build, with around half of that funding coming from the US Energy Department.
TerraPower plans to fuel Natrium with HALEU , which has a higher level of enrichment than the 5%-enriched uranium-235 fuel used by American nuclear reactors already in operation.
The company assumed it would use Russian supplies for its first core load because the US doesn’t have the capacity to enrich uranium-235 right now, according to Levesque.
But Russia’s invasion of Ukraine in February cut off the fuel source, after the US, the EU and other western allies imposed sanctions on Moscow.
TerraPower and the Department of Energy are now looking for alternative sources of HALEU – and want lawmakers to approve a $2.1 billion funding package to support low-enriched uranium production in the US, Levesque said.