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A small Wyoming town is hoping Bill Gates' $1 billion nuclear power plant could save hundreds of jobs

Anna Cooban   

A small Wyoming town is hoping Bill Gates' $1 billion nuclear power plant could save hundreds of jobs
  • Bill Gates is considering Glenrock, Wyoming, for his next-generation nuclear power plant.
  • The plant could replace 200 jobs that are at risk as a local coal plant closes, the mayor said.
  • Gates' company TerraPower is running the project with Warren Buffett-owned PacifiCorp.

A small town in Wyoming is hoping that Bill Gates will pick it for his upcoming $1 billion next-generation nuclear power plant, which could save hundreds of local jobs.

$4, Gates' nuclear-power company, is considering Glenrock, Wyoming, for its first advanced Natrium reactor, per the $4. Gates has said the reactor would be safer and cost less than a traditional nuclear reactor.

A coal-fired power plant in Glenrock is due to shut in 2027, according to $4 by $4 PacifiCorp, the plant's owner. The plant, called the Dave Johnston Power Plant, employs nearly 200 people from Glenrock and two nearby towns, $4 reported.

Glenrock Mayor Bruce Roumell $4 that the site could more than make up for lost coal jobs.

"We've been told it'll be close to 250 people," Roumell told Fox Business when asked how many jobs could be created. "They've also said there would be around 1,500 people in the construction phase. That's a pretty good influx into this area for us."

TerraPower is running the Natrium project with PacifiCorp - owned by billionaire $4 - and plans to $4 The Natrium reactor could be a $4 source for about 400,000 homes during peak demand, $4.

Read more: $4

Gates said in a June $4 that the Natirum reactor, which uses liquid sodium as its coolant instead of water, would be safer and cost less than a traditional nuclear reactor. In October 2020, the US Department of Energy awarded the project $80 million in initial funding, per a TerraPower $4.

In June, TerraPower said in a $4 that it would $4 for its first reactor project, and that it would announce the site by the end of the year. Gillette, Kemmerer, and Rock Springs are the three other towns under consideration, per the $4.

TerraPower previously said the project would cost about $1 billion, $4.

Fox Business said that nearly all of Glenrock's residents it spoke to were excited at the idea of TerraPower moving into town.

"We've got to do something," resident Deb Schell told Fox Business. "I think it's the wave of the future. Coal is on its way out so we have to do something."

TerraPower and PacifiCorp did not immediately respond to Insider's request for comment.

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