I think Nuclear power stations could be a fix for global...

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    I think Nuclear power stations could be a fix for global warming.

    The new stations are much safer than the old designs, Bill Gates funded a new design.

    TerraPower, founded by billionaire and Microsoft co-founder Bill Gates in 2008, is opening a new nuclear power plant in Kemmerer, Wyoming. The plant will be the first of its kind, with the company hoping to revolutionize the nuclear energy industry in the U.S. to help fight climate change and support American energy independence.

    "Nuclear energy, if we do it right, will help us solve our climate goals," Gates told ABC News. "That is, get rid of the greenhouse gas emissions without making the electricity system far more expensive or less reliable."

    Gates met with ABC News' chief business, economics, and technology correspondent Rebecca Jarvis in Kemmerer to talk about the project.

    Gates said he's confident TerraPower can build an innovative nuclear reactor that is safe and practical for the future. Most nuclear reactors in the U.S. use water to cool the system, but water is not the best at absorbing heat, and there are pressure risks associated with overheating, which could eventually lead to a meltdown. This new reactor, which is set to open in 2030, will use liquid sodium instead of water to cool it. Sodium's boiling point is eight times higher than water, and, unlike water, liquid sodium does not need to be continually pumped back into the system.

    "We've solved all the areas where there have been safety challenges. And we have dramatically less waste," Gates said. "A great thing is that the regulator in the United States is the best in the world and they do a very good job. So part of the process between now and 2030 is an immensely detailed review with that safety commission about how this design is far safer than anything that came before."

 
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