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  1. Home

  2. About BFA

  3. Conferences & Meetings

  4. Press Center

  5. Members & Partners

  6. BFA Academy

  7. Areas of Focus

  8. Regional Cooperation

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Terrapower CEO: Shortsightedness is the Biggest Barrier in Developing Nuclear Power
Origin:Boao Forum for Asia      Time:2014-09-09 01:29:06    Views:368186

In the Session on "Clean/Renewable Energy", John Gilleland, CEO of Terrapower, states that the key to success in nuclear industry is to have a vision and long-term view. Gilleland said the reason that his company is advanced in this industry is not just because they have attracted talented and innovative intellectuals, are backed by great investors such as Mr. Bill Gates, and have gained great support from the government; more importantly, it is because all these people do not focus on pursuing obvious interests that are at hands, but look decades ahead. "We always (try to) innovate as we are designing on a plain piece of paper," Gilleland says, stating that they have belief in the future. Shortsighted interests are the biggest barriers of developing nuclear power, Gilleland explains, because the initial opportunity cost (price of construction) of a nuclear plant is extremely high, and this industry requires a fairly long period of time before it can prove itself as economically valuable. However, once one nuclear plant is established, it indeed will serve the country and the people for a very long time, and if handled appropriately, will efficiently provide enormous amount of sustainable energy. Actually, the longer the plant normally functions, the more carbon-emission it will save from burning fossil fuels and the more potential ecological and economical benefits it will bring.

Nevertheless, Gilleland admits that nuclear power is still reasonably questioned. The potential risk of weapon-diffusion and the danger of nuclear pollution are the issues we have to solve perfectly. Therefore, John Gilleland urges that all of us, whatever we do and whichever country we live in, should grant supports to these two imperative issues for the purpose of global safety and mutual welfare provided by this highly potentially rewarding industry.