The race is on to crack commercial nuclear fusion
“In Everett, WA, nuclear fusion is no longer 10 years away.” Zap Energy and Helion are highlighted in IEEE.
Our fusion moment has arrived. We can’t afford to let it pass
Rep. Brandon Williams’ op-ed in The Hill: The House Science Energy Subcommittee hearing on fusion that I chaired this week made it clear that the process that our sun and stars use to generate energy is finally within our grasp — progressing from a scientific experiment to commercial reality. A timeless pursuit, mankind has long sought the ability to capture unlimited, clean sources of energy to power our world.
Commonwealth Fusion has raised $2 billion to make energy like the sun and stars — here’s a look inside
Bob Mumgaard, CEO of Commonwealth Fusion Systems, spoke with CNBC about why now is a tipping point for the fusion industry. The firm is a leader in the nascent space with more than $2 billion in funding. At the end of May, CNBC went to Devens, Massachusetts, to see what it looks like to build a fusion reactor.
German start-up wins initial funding for revolutionary fusion energy machine
A German start-up has secured initial funding to develop a revolutionary fusion energy machine that it hopes can provide a future source of abundant, emissions-free power. Proxima Fusion, incorporated in January, aims to build a complex device known as a stellarator and is the latest company to join the emerging fusion industry’s effort to generate…
First nuclear fusion plants to need $7 billion supply chain, survey shows
Companies looking to harness the process that powers the sun and stars to generate electricity expect to spend about $7 billion by the time their first nuclear fusion plants come online, a survey published on Wednesday said.
Mitsubishi Corp., others make $73.6m bet on fusion power in Japan
A consortium of public- and private-sector groups in Japan will invest in a startup working to commercialize fusion power, a next-generation energy source. Sixteen companies, including Mitsubishi Corp., Kansai Electric Power Co., and a government-affiliated fund will invest around 10 billion yen ($73.6 million) in the startup born at Kyoto University, Nikkei has learned.
Fusion power by 2028? Microsoft is betting on it.
A Washington state start-up backed by hundreds of millions of dollars of venture capital announced Wednesday that it expects to have a fusion power plant built within five years, betting on a vastly faster timeline for harnessing the potentially game-changing energy source than most experts think is plausible.
Microsoft to buy power from nuclear fusion company Helion
Private U.S. nuclear fusion company Helion Energy will provide Microsoft with electricity in about five years, the companies said on Wednesday, in the first such deal for the power source that fuels the sun but has been elusive on Earth.
Japan can get the energy it needs from nuclear fusion
People often ask me when fusion energy will become available. It is well understood that if nuclear fusion becomes a reality, many good things will come with it. Read the full article here.
‘Desktop fusion’ startup Avalanche Energy lands $40M and logs new tech achievement
The news: Micro-fusion startup Avalanche Energy announced a $40 million funding round on Monday. The Seattle-based company is developing a small-scale solution for fusion power, which is called clean energy’s “Holy Grail” because of its potential for generating unlimited amounts of power.