2015.02.25 - CURRENT SCIENCE, VOL. 108, NO. 4, 25 FEBRUARY 2015
SPECIAL SECTION: LOW ENERGY NUCLEAR REACTIONS
BlackRock, Inc about LENR
“We are closely following start-ups experimenting with new technologies such as low-energy nuclear reaction and fusion. If successful, these efforts could completely change the current status quo and hurt traditional energy producers. It is worth watching this space. People tend to overestimate what can be done in a year, but underestimate what can happen in a decade”
Link Page 11
English Translation from Peter Gluck and Bob Higgins
Presentation SN Andreev at the seminar 01/27/2015
The seminar was organized by the Norwegian Academy of Technological Sciences (NTVA), and Senior
Technologists Group (SET) of Norwegian Society of Graduate Technical and Scientific Professionals
The aim of the seminar was to promote knowledge on progress in the field of Low Energy Nuclear
Reactions (LENR). The programme committee especially wanted the seminar to show that industrial
efforts have reached a level that necessitates a professionally competent monitoring of the entire
field of LENR. This in view of the very considerable consequences for the global energy supply and
the Norwegian economy, should the industrial efforts to develop LENR based energy sources
New tests have lent more support to Cold Fusion and Low Energy Nuclear Reaction technologies, specifically Andrea Rossi's E-Cat energy device. Bill Gates, founder of Microsoft, recently visited ENEA in Italy to learn more and one of his PR spokespeople said that he is a believer
“we were very careful to see that nothing obscure or hidden was going on with the ash, just as a precaution. But the answer is no."
Low energy nuclear reactor (LENR) technology, and by extension palladium, is attracting the attention of one of the richest men in the world and a pioneer inventor of new technology.
LENR is science’s new approach to the 1990s’ concept of “cold fusion,” which failed spectacularly. However, by learn
|Image courtesy of Steve Jurvetson: Bill Gates Speaks at TED2010 about the future of nuclear power|
ing from previous mistakes, and by applying newly developed nano-technology, scientists around the world have since worked on ways of making LENR work.
In a recent visit to Italy, billionaire business man, investor and inventor Bill Gates said that for several years he has been a believer in the idea of LENR, and is a sponsor of companies developing the technology. Gates is not only the Chairman of TerraPower, a company developing a “new class of nuclear reactors using innovative core physics.” He is also a member of the American Energy Innovation Council and supporter of new technologies through the Bill and Melinda Gates Foundation, which he founded in 2000.
In June of this year, he wrote a blog titled “We need Energy Miracles” to stress the importance of new technologies like LENR.
During his trip to Italy he visited the national agency for new technologies, energy and sustainable economic development (ENEA) where scientists have made significant progress towards a working design for low energy nuclear fusion. The centerpiece of their design is the same as in Mitsubishi’s: palladium.
Creating palladium foil with just the right parameters, and managing stress levels in the material was a key issue, one that the researchers at EMEA were able to resolve several years ago.
Nuclear Energy Times describes the state of LENR development as “laboratory experiments which have the potential to produce nuclear-scale energy and nuclear products but without the harmful effects of conventional nuclear energy.”
A palladium miracle in the making? It will take a while to find out, but LENR certainly has the attention of serious scientists and investors today who believe in its future.
TerraPower is a nuclear reactor design spin-off company of Intellectual Venturesthat is headquartered in Bellevue, Washington, in the United States. TerraPower is investigating a class of nuclear fast reactors called the traveling wave reactor(TWR). One of TerraPower's primary investors is Bill Gates. Gates' investment is reportedly in the tens of millions of dollars. Other key investors are Venture-capital firms Charles River Ventures and Khosla Ventures, who reportedly invested $35 million in 2010. TerraPower is led by chief executive officer, John Gilleland, a member of the American Nuclear Society. In December 2011 India's Reliance Industries bought a minority stake through one of its subsidiaries. Reliance Industries Chairman Mukesh Ambani will join the company's board. TerraPower also works with Los Alamos National Laboratorywho hopes this partnership will help strengthen and expand their science and energy programs.
Whereas standard light water reactors such as PWRs or BWRs running worldwide use enriched uranium as fuel and need fuel reloads every few years, TWRs, once started, use depleted uranium instead and are considered to be able to operate for between 40 to 60 years without fuel reloading.