TerraPower LLC, a nuclear energy venture chaired by Microsoft Corp co-founder Bill Gates, is seeking a new partner for early-stage trials of its technology after new U.S. rules forced it to abandon an agreement with China, company officials told the Wall Street Journal.
TerraPower reached an agreement with state-owned China National Nuclear Corp in 2017 to build an experimental nuclear reactor south of Beijing. But Gates wrote in an essay published late last week that TerraPower is unlikely to follow through on its plans in the face of new U.S. restrictions on technology deals with China.
The Bellevue, Washington-based company is now unsure which country it will work with to conduct trials of its technology, which is designed to use depleted uranium as fuel for nuclear reactors in a bid to improve safety and costs, company officials told the Journal.
“We’re regrouping,” Chief Executive Chris Levesque told the Journal in an interview. “Maybe we can find another partner.”
The U.S. Department of Energy in October announced new restrictions on nuclear deals with China, in keeping with a broader plan by the Trump administration to limit China’s ability to access U.S-made technologies it considers to be of strategic importance.
Gates, who co-founded TerraPower, said in his essay that regulations in the United States are currently too restrictive to allow the reactor prototype to be built domestically.
Reporting by Carl O’Donnell; editing by Jonathan Oatis
Britain’s Prince Harry and Meghan to give up royal titles — ‘the hardest #Megxit possible’
Britain's Prince Harry and his wife Meghan will give up their royal titles and public funding as part of a settlement with the Queen to start a new life away from the British monarchy.
The historic announcement from Buckingham Palace on Saturday follows more than a week of intense private talks aimed at managing the fallout of the globetrotting couple's shock resignation from front-line royal duties.
It means Queen Elizabeth II's grandson Harry and his American TV actress wife Meghan will stop using the titles "royal highness" -- the same fate that befell his late mother Princess Diana after her divorce from Prince Charles in 1996.
GOP senator tells home-state press that impeachment trial must be ‘viewed as fair’: report
Republican Sen. Lisa Murkowski (R-AK) spoke to local reporters on Saturday about her role in the upcoming Donald Trump impeachment trial.
Murkowski explained she would likely vote with Majority Leader Mitch McConnell (R-KY) on an initial vote on whether to allow witnesses. However, she left the door open to voting for witnesses after House impeachment managers make their opening case.
"I don't know what more we need until I have been given the base case," she said. "We will have that opportunity to say 'yes' or 'no' ... and if we say 'yes,' the floor is open."
Overall, Murkowski said it was important for the trial to been viewed as fair.
White House press secretary urged to do her job: ‘We don’t pay you to be a Twitter troll’
White House press secretary Stephanie Grisham was blasted on Saturday over the confusion resulting from her refusal to hold daily press briefings.
CNN senior media reporter Oliver Darcy was alarmed that Grisham's assistant, Hogan Gidley, was forcing reporters to refer to his remarks as coming from a "sources close to the President's legal team."
Darcy noted that Trump had repeatedly questioned the veracity of unnamed sources, making it problematic for Gidley to demand to be quoted as such.
Grisham responded to the criticism and asked Darcy to "stop with the righteous indignation.