Click play to listen to this article.

(Wyoming News Service) Recent investments in clean energy from the Biden administration are hitting the ground in Wyoming. Engineering company TerraPower, founded by Bill Gates, recently broke ground in Kemmerer on what the company calls a "next-gen" nuclear reactor that it says will create energy more efficiently and safely.

The company aims to have the $4 billion project operational by 2030. TerraPower's project and others are getting federal boosts from the 2021 Bipartisan Infrastructure Law and 2022 Inflation Reduction Act, which provide billions of dollars for clean-energy projects through grants, loans and other incentives.

Image

Shannon Heyck-Williams, associate vice president, climate and energy with the National Wildlife Federation, said Wyoming is slated to receive a good chunk of that funding.

"In Wyoming, $3.5 billion in private sector commitments and $4.1 billion in public investments in clean energy, infrastructure and manufacturing have all happened largely due to the passage of these two big pieces of legislation," she explained.

The U.S. Department of Energy is funding part of TerraPower's project to the tune of $2 billion. The laws also provide for projects at community and home scales, including investments in electric vehicles and charging stations, electric school buses and credits for homeowners transitioning to clean energy.

TerraPower estimates the project will generate enough power for up to 400,000, while creating 1,600 construction jobs and 250 careers. That's critical for communities such as Kemmerer.

"Every time a new manufacturing facility is created or retooled, that means new jobs for people, especially important in certain areas of the country that maybe have a declining economy related to fossil fuels or other sorts of older manufacturing," Heyck-Williams said.

The construction site is near a coal-fired electricity plant owned by Pacificorp and slated for retirement in 2036, according to the company's 2023 plans.