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Scientists there have come up with a preliminary design for a reactor that requires only a small amount of enriched fuel–that is, the kind whose atoms can easily be split in a chain reaction. It’s called a traveling­-wave reactor. And while government researchers intermittently bring out new reactor designs, the traveling-wave reactor is noteworthy for having come from something that barely exists in the nuclear industry: a privately funded research company.

Ream more here:  http://www.technologyreview.com/energy/22114/

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Energy and Security, Nuclear Power by Rick