Their first demonstration reactor is scheduled to go online in 2031. But they’re going to build 8 production reactors, with all the regulatory hurdles, in any reasonable length of time? Right. The headline should probably be, “Meta invests in nuclear startup” and leave it there. My guess is this deal is quietly swept under the rug when the first reactor fails to go fully online by 2032.
TerraPower in deal with Meta for eight Natrium 345 MW nuclear plants
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Re: TerraPower in deal with Meta for eight Natrium 345 MW nuclear plants
#92Does anyone understand how Meta is able to spend so much money on AI with basically no AI product to speak of? Especially after sinking billions of dollars into a failed VR product? I just don't really understand why they are investing in data centers, I don't know of any actual product they offer that anyone is seriously considering using in the space.
They're not using their money, they're borrowing it and using Special Purpose Vehicles to book the debt so it doesn't hit their own balance sheet.
Re: TerraPower in deal with Meta for eight Natrium 345 MW nuclear plants
#93Their first demonstration reactor is scheduled to go online in 2031. But they’re going to build 8 production reactors, with all the regulatory hurdles, in any reasonable length of time? Right. The headline should probably be, “Meta invests in nuclear startup” and leave it there. My guess is this deal is quietly swept under the rug when the first reactor fails to go fully online by 2032.
Re: TerraPower in deal with Meta for eight Natrium 345 MW nuclear plants
#94When I read this I am more convinced that Europe is done. With leaders like Kaja Kallis, Rutte and Ursula it's so blatantly visible that these people can't think further than one minute. It's really time for a breakup so countries are no longer chained to insanity. They are destroying themselves.
It seems Europe is living rent free in your head, maybe you should talk to a shrink.
Re: TerraPower in deal with Meta for eight Natrium 345 MW nuclear plants
#95Their first demonstration reactor is scheduled to go online in 2031. But they’re going to build 8 production reactors, with all the regulatory hurdles, in any reasonable length of time? Right. The headline should probably be, “Meta invests in nuclear startup” and leave it there. My guess is this deal is quietly swept under the rug when the first reactor fails to go fully online by 2032.
Concur, if it was an established builder with decades of know-how and experience doing a new buildout system maybe would be plausible to expect a reduction in the timeline for delivery. For comparison , the Chinese and Koreans who ae about the only players that have been consistently building/delivering reactors at scale over the last 30 odd years take a minimum of 9-10yrs. Expecting a commercially viable fleet build…
Re: TerraPower in deal with Meta for eight Natrium 345 MW nuclear plants
#96Does anyone understand how Meta is able to spend so much money on AI with basically no AI product to speak of? Especially after sinking billions of dollars into a failed VR product? I just don't really understand why they are investing in data centers, I don't know of any actual product they offer that anyone is seriously considering using in the space.
They're not using their money, they're borrowing it and using Special Purpose Vehicles to book the debt so it doesn't hit their own balance sheet.
Re: TerraPower in deal with Meta for eight Natrium 345 MW nuclear plants
#97Earlier quoted context omitted.
I doubt it. There used to be separate construction and operating permits, and sometimes you got the building permit, built the plant and then never got the operating license. This has now been streamlined with a combined construction/operating license. If you built what you promised to build, you get to operate it.
Can you give an example of a plant that has been built under this streamlined process and what kind of timeline it had? The only recent nuclear buildouts that I personally have knowledge of are expansions to existing plants and thus have a lower barrier to get going.
With the combined license, that case simply cannot happen, no matter what else happens.
Re: TerraPower in deal with Meta for eight Natrium 345 MW nuclear plants
#98Earlier quoted context omitted.
It seems Europe is living rent free in your head, maybe you should talk to a shrink.
There probably is an EU derangement syndrome. If it can afflict the English, it can afflict everyone. Maybe the original poster should consider a sightseeing trip to Europe.
It's a massive propaganda push paid for by some of the richest people of the planet. It started with Brexit/Cambridge Analytica; continues with the Bannon/Epstein chat histories, and Vance/Trump trying to influence local elections (e.g. the pro-Orban speeches).
It seems autocrats are really uncomfortable with educated people speaking up. I'm quite sure these autocrats are also really annoyed when their own children reach puberty.
Re: TerraPower in deal with Meta for eight Natrium 345 MW nuclear plants
#99Their first demonstration reactor is scheduled to go online in 2031. But they’re going to build 8 production reactors, with all the regulatory hurdles, in any reasonable length of time? Right. The headline should probably be, “Meta invests in nuclear startup” and leave it there. My guess is this deal is quietly swept under the rug when the first reactor fails to go fully online by 2032.
People on HN really love small-scale fission nuclear when the sun is (gestures) right there .
Of course I am assuming you're not going to cheat by using your right to sell to your solar electricity at fixed price to your local utility, let them figure out production and distribution issues and pretend you are consuming your own solar electricity.
Re: TerraPower in deal with Meta for eight Natrium 345 MW nuclear plants
#100Earlier quoted context omitted.
If it was just released, then your claims about it are entirely hypothetical and best-case-scenario. Of course we have to "see how it goes" - there's no merit but hopefulness to your stance...
Lol, that every prior process has gone this way (including ‘express’ processes) surely has no value? Uh huh.