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Fusion Energy Buyer's Guide
Fusion Energy Buyer's Guide
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UKRAINE THANKS YOU!
1. Funding for Fusion Companies
2. Companies by Location
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4. Target Markets for Global Fusion Companies
5. Average Employees by Role & Gender
6. Technical Approaches Taken for Fusion
7. When will Fusion 1st Power the Grid
8. When Will Fusion 1st Power Space Propulsion
9. Fusion Companies Founded in the Last 30 years
10. Number of Fusion Companies in Existence by Year
Images, Info & Charts Credit: FIA/UKAEA - The Global Fusion Industry in 2021/2022
Fusion in Top Five Priorities to Launch the Net-Zero Game Changer Initiative
Information taken from White House report - read complete report here
Fusion Development
Bob Mumgaard Provides the CFS Commercial Fusion Path & Timeframe to the NRC During His Presentation on Fusion Energy Regulation
Bob Mumgaard CEO of Commonwealth Fusion Systems (CFS), while reporting to the Nuclear Regulatory Commission on the regulatory experience of building the new CFS "SPARC" net fusion energy & (HTS) superconducting magnet facility, provided his schedule for reaching the critical point of FUSION GAIN
Fusion gain or "Q" is when the energy put into the process is less than the energy gained. CFS is committed to reaching that inflection point in 2025, leading to ~400 Megawatts of power to the grid by the early 2030s.
Despite Conflict, Russia
Sends France Giant Magnet for Nuclear Fusion Project
Russia dispatched one of six giant magnets needed for the ITER nuclear fusion programme in France, one of the last international scientific projects Moscow participates in despite the Ukraine conflict.
The ship carrying the Russian-made magnet – or “poloidal field coil” – departed Saint Petersburg under grey skies.
On board, the massive nine-metre-wide coil, which weighs 200 tonnes had been tightly wrapped to withstand a two-week trip to Marseille, southern France.
The ring-shaped magnet built under Russian atomic agency Rosatom’s supervision will make up the top part of the world’s largest “tokamak”.
Commercial Fusion
Announces Plans for Fusion Pilot Plant
Innovative concept leverages decades of expertise in
fusion research and development
San Diego, Oct. 20 – General Atomics (GA) announced a new concept for a fusion pilot plant (FPP) to deliver clean, safe, and economically viable fusion energy.
Fusion Energy Capabilities:
Successful track record of delivering a wide range of innovative products and systems reflects our core capabilities:
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Tokamak design and operation
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World-class expertise in fusion plasma theory, modeling, control algorithm design, and high-performance computing
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Fusion plasma control systems and diagnostics deployed across the globe
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Innovations in fusion materials, microwaves and technologies
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At-scale manufacturing and fabrication of superconducting magnets
Fusion Research
Written By Bruno Venditti - Graphics & Design by Miranda Smith Produced & Published at www.visualcapitalist.com
Governments worldwide are targeting massive decreases in carbon emissions by 2050.
With populations growing and increasing energy demand, intermittent renewable energy sources such as wind and solar are not enough to fully decarbonize the economy over the next decades and beyond.
Source: International Renewable Energy Agency, United Nations
Options for Clean, Safe & Abundant Scorses of Energy
As the world seeks to combat climate change, energy providers around the globe are upgrading their infrastructure to reduce carbon emission.
Countries with Net-zero Emission Goals
Adding intermittent sources such as solar & wind will only solve part of the problem.
POWER SHIFT
Renewable energy is growing faster than ever worldwide but capacity will still be insufficient to achieve global CO2 goals by 2050
Tracking Fusion
Commercial Fusion:
Targeting the Early 2030s for providing commercial fusion energy
Vancouver, BC Canada
Technology: Magnetized Target Fusion
GENERAL FUSION TO BUILD ITS FUSION DEMONSTRATION PLANT IN THE UK, AT THE UKAEA CULHAM CAMPUS
New partnership between General Fusion and UKAEA is a landmark collaboration in the development of fusion, a technology for the world’s low-carbon future.
GENERAL FUSION FORGES AHEAD ON ITS UNIQUE MAGNETIZED TARGET FUSION TECHNOLOGY WITH THE FABRICATION OF AN AT-SCALE
Construction of General Fusion’s demonstration machine, which is being built at the UK Atomic Energy Agency’s Culham Campus, advanced significantly with the fabrication of an at-scale fusion vessel trial ring by Sheffield Forgemasters.
GENERAL FUSION, BRUCE POWER & THE CANADIAN NUCLEAR INNOVATION
INSTITUTE
have entered into a Memorandum of Understanding (MOU) to collaborate on accelerating delivery of clean fusion power in Canada.
Cambridge, MA USA
Technology: Magnetic Confinement Fusion
BOB MUMGAARD, CEO AT CFS REPORTS ON ARC FACILITY STATUS AND THE REGULATORY EXPERIENCE TO THE NRC
"Fusion aligns well with Part 30 regulation because in an off-normal scenario, the reaction stops instantaneously, and the hazard doesn’t grow"
(View the Complete Presentation Here)
NRC Fusion Energy Regulatory Meeting Including Agenda, All Presentations & Achieved Webcast
CFS & MIT's Plasma Science & Fusion Center prove that fusion power scaled High Temperature, Superconducting Magnets (HTS) can provide the 20-Tesla magnetic power to support commercial fusion.
CFS Led by Tiger Global Management achieved $1.8 Billion in Series-B funding to commercialize fusion energy.
San Diego, CA USA
Technology: Magnetic Confinement Fusion
General Atomics Announces Plan for fusion pilot plant (FPP) to deliver clean, safe, and economically viable fusion energy.
Foothill Ranch, CA USA
Technology: Linear (FRC) Field Reverse Configuration using Boron-11 Fuel
TEA teams-up with Google A.I. applying software that can improve on its own, TAE Technologies has cut down tasks that once took two months to just a few hours.
Everett, WA USA
Technology: Plasma Accelerator Linear (FRC) Field Reverse Configuration using He-3 Fuel
Helion Energy Breaks Ground on Fusion Facility
Helion’s fusion power plant will provide flexible, scalable, baseload power that is affordable, providing the world a new path to full decarbonization of electricity generation.
Breakthrough in Efficient Powering of HTS Magnets Tokamak Energy has developed a novel power converter inside a vacuum cryostat. Successful tests demonstrated a 50% reduction in the heat load from the current leads.
Milton Park, Oxfordshire UK
Technology: Spherical Tokamak Magnetic Confinement Fusion
Tokamak Energy moves closer to commercial fusion: 100M degree plasma a world record for a spherical tokamak
Tokamak Energy has demonstrated a world-first with its privately-funded ST40 spherical tokamak, achieving a plasma temperature of 100 million degrees Celsius, the threshold required for commercial fusion energy.
This is by far the highest temperature ever achieved in a spherical tokamak and by any privately funded tokamak (Brief Read Here)
Commercial Fusion
Climate Change
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General Fusion Forges Ahead on its Unique Magnetized Target Fusion Technology with the Fabrication of an At-Scale Fusion Vessel Trial Ring
Construction of General Fusion’s demonstration machine, which is being built at the UK Atomic Energy Agency’s Culham Campus, advanced significantly with the fabrication of an at-scale fusion vessel trial ring by Sheffield Forgemasters.
This critical component will confirm the specifications of the thick-walled fusion vessel, designed to withstand the high temperatures and compressive forces needed to create fusion energy with General Fusion’s practical technology – Magnetized Targeted Fusion (MTF).
Commercial Fusion
By CAROLINE DELBERT - Popular Mechanics
South Korea’s Fusion Reactor Sustained Temperatures 7 Times Hotter Than the Sun
The 14-year-old tokamak experiment is a building block for ITER, which will one day be the largest fusion reactor in the world.
The Korea Superconducting Tokamak Advanced Research center (KSTAR) is an established tokamak that has been chipping away at its milestone goals since 2008. It’s also a key part of the developmental pipeline that is currently ramping up to the massive International Thermonuclear Experimental Reactor project, or ITER. So yes, every milestone is doubly important in the global push toward nuclear fusion energy.
UKAEA Announces:
West Burton Selected as
Home of STEP Fusion Plant.
Government-backed programme aims to prove low carbon electricity from fusion
The UK Government has confirmed the West Burton power station site in North Nottinghamshire will be home to the ground-breaking STEP prototype fusion energy plant.
The Spherical Tokamak for Energy Production (STEP) plant will be designed and constructed to demonstrate the ability to put net electricity on the grid. It will also pave the way to enable future commercial fusion energy plants to be commissioned and constructed.
Full Article Here at UKAEA
Fusion Development
Fusion Energy Regulation
"Putting it in Writing"
By Tony Gerillo, EIC Fusion Energy News International
As the only news outlet in attendance at the Fusion Industry Association’s 1st annual policy meeting, it turns out to be a responsibility not to be taken lightly. Unpacking the day’s full agenda deserves a deep look into what the industry has achieved and what the next steps in regulation will be.
It is clear that fusion energy is inherently safe and that regulation will become a matter of getting the wording right so that society can move past the nomenclature of nuclear atomic energy having a negative impact on humans. Positive branding of fusion is difficult due to the negative history around nuclear fission, even though the only branding trait they share is in that “nuclear” appears in both names.
Where will fusion reactor regulations come from?
STEP - Spherical Tokamak for energy production (5) Five locations on the "shortlist" are in the final stages of evaluation as the STEP programme gets ready to choose the site for their first fusion energy power plant (Details at UK.gov Here)
Technology: Magnetic Confinement Fusion
JET - Joint Experimental Tokamak Sets Record for sustained fusion energy Eurofusion is the EU consortium the runs the JET experiment (at the UKAEA Culham Fusion Centre that is the prototype guiding the development of the ITER project.
LLNL, Livermore, CA USA
Technology: Laser Inertial Confinement
A Fusion Reaction Has Generated More Energy Than Absorbed by The Fuel The National Ignition Facility put researchers at the threshold of fusion ignition, achieving a yield of more than 1.3 megajoules
Tracking Fusion
Fusion Research:
St. Paul Les Durance, France
Abingdon, Oxfordshire UK
Technology: Spherical Tokamak Magnetic Confinement Fusion
Abingdon, Oxfordshire UK
JET Facility, Culham UK
The most valuable resources of a decarbonized grid are dispatchable zero-carbon generation sources—technologies that can be turned on during periods of low wind and solar output.
Climate Change
