Gates-backed TerraPower pitches new nuclear tech

To leap to the next generation of nuclear power technology, Bill Gates-backed start-up TerraPower is approaching countries rather than individual utilities or financiers.

Gates last week disclosed that he brought up TerraPower’s fourth-generation nuclear power technology with government officials at the Chinese Ministry of Science and Technology during a visit to China. “TerrPower is having very good discussions with [China National Nuclear Corporation] and various people in the Chinese government,” Gates told the Associated Press.

Bellevue, Wash.-based TerraPower then said that the company has visited energy experts in the U.S. France, India, Japan, Korea and Russia, but that “there were no deals to at this time.”