prunedude tips this quote from a post at Freakonomics
about Japan's nuclear crisis:
"The folks over at IV Insights, the blog associated with Nathan Myhrvold's Intellectual Ventures, point out that it was the complete loss of power that disabled the cooling systems protecting the plant's reactors. Which raises the question: Is there nuclear technology that could withstand such a catastrophe? Possibly. TerraPower, an Intellectual Ventures spin-off that also boasts Bill Gates as an investor, is working on a new reactor design called a traveling wave reactor that uses fast reactor technology, rather than the light water technology used at the Fukushima Daiichi plant. The two biggest advantages of the fast reactor design is that it requires no spent fuel pools and uses cooling systems that require no power to function, meaning the loss of power from the tsunami might not have crippled a fast reactor plant so severely."