Smaller, Safer, Saltier: Next-Gen Nuclear Draws Thiel and UN
- Billionaire Trump supporter backs molten salt reactor design
- UN to spur information trading on cheaper, modular plants
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A new breed of nuclear reactor designed by engineers from the millennial generation has gained the support of both billionaires and the United Nations agency overseeing the industry.
The International Atomic Energy Agency is opening an exchange for countries to trade information on a technology that uses molten salt to moderate the atomic reaction of liquid fuels, rather than water and solid fuel. The exchange offers backing to investors ranging from Bill Gates to Peter Thiel, who have supported the new-model reactors as both safer and cheaper.