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Search resuls for: "Fusion Energy"


12 mentions found


☆ Italy's Eni and CFS speed up plans for fusion energy
  + stars: | 2023-03-09 | by ( ) www.reuters.com   time to read: +1 min
MILAN, March 9 (Reuters) - Italian energy group Eni (ENI.MI) and U.S.-based Commonwealth Fusion System (CFS) signed a new collaboration agreement on Thursday to accelerate the industrialisation of nuclear fusion energy. Nuclear fusion energy, which would generate power from nuclear fusion reactions, will make a major contribution to energy transition and Eni said the process would help the company to reach its net-zero emissions goal by 2050. In September 2021, CFS successfully tested its high-temperature superconducting magnet technology, a system that ensures plasma confinement in the magnetic fusion process. The world's first magnetic confinement pilot plant with net production of fusion energy dubbed SPARC is in construction and will be operational in 2025. SPARC will pave the way for ARC – the first commercial power plant, expected at the beginning of the next decade.
☆ Emission Cuts Will Fail to Stop Climate Change. What to Do Then?
  + stars: | 2023-02-18 | by ( Tunku Varadarajan | ) www.wsj.com   time to read: 1 min
Bellevue, Wash. Sometimes it takes a visionary to throw cold water on a seemingly revolutionary development. When scientists at the Lawrence Livermore National Laboratory achieved a breakthrough in December—producing more energy in a fusion reaction than they used to ignite it—the Biden administration hyped the experiment as a quantum leap for its green agenda. “This milestone,” Energy Secretary Jennifer Granholm boasted, “moves us one significant step closer to the possibility of zero-carbon abundant fusion energy powering our society.”
☆ When Will Nuclear Fusion Energy Be Ready for Prime Time? Watch These Three Numbers
  + stars: | 2022-12-16 | by ( Josh Zumbrun | ) www.wsj.com   time to read: 1 min
The U.S. Energy Department this past week announced a breakthrough in research on nuclear fusion, after a controlled reaction at the Lawrence Livermore National Laboratory produced more energy than it consumed. Fusion offers the potential for virtually limitless, clean energy. How long before this breakthrough can deliver on that promise? To get an idea, it’s helpful to know three simple numbers in the science and economics of fusion representing key “break-even points.”
☆ Nuclear Fusion Energy: What to Know About the Latest Scientific Breakthrough
  + stars: | 2022-12-14 | by ( Aylin Woodward | ) www.wsj.com   time to read: 1 min
The Energy Department said Tuesday that scientists had achieved a breakthrough in research on nuclear fusion, bringing them one step closer to possibly changing the future of clean energy. Researchers at the Lawrence Livermore National Laboratory in Livermore, Calif., where the milestone known as fusion ignition was achieved, have been studying nuclear fusion for more than a decade. The broad appeal of nuclear fusion to researchers, as well as investors and companies, stems from its potential as a clean-energy alternative to sources that involve the burning of fossil fuels and the release of greenhouse gases.
☆ How nuclear fusion works, and why it's a big deal for green energy that scientists made a 'breakthrough'
  + stars: | 2022-12-13 | by ( Paola Rosa-Aquino | ) www.businessinsider.com   time to read: +4 min
US Department of Energy scientists produced a nuclear fusion reaction with a net energy gain. The US Department of Energy officially announced the milestone in fusion energy research on Tuesday. For the first time, researchers created a nuclear fusion reaction that produced more energy than they put into it. What is fusion energy and why is it a big deal? This illustration shows how lasers heat a target to the necessary conditions for nuclear fusion to occur.
☆ Nuclear fusion breakthrough: Scientists generate more power than used to create reaction
  + stars: | 2022-12-13 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com   time to read: +9 min
Fusion is the way that the sun makes power, but recreating a useful fusion reaction here on earth has eluded scientists for decades. The National Ignition Facility target chamber at the Lawrence Livermore National Laboratory is where scientists shoot lasers and watch and measure what happens when those lasers collide on a fuel source. Reaching ignition means the fusion experiment produced more energy from fusion than the laser energy that used to drive the reaction. "For the first time on Earth, scientists have confirmed a fusion energy experiment released more power than it takes to initiate, proving the physical basis for fusion energy. But it's proven extremely challenging to sustain a fusion reaction here on earth, and scientists have been trying for decades.
☆ U.S. to announce scientific breakthrough on fusion energy -sources
  + stars: | 2022-12-12 | by ( ) www.reuters.com   time to read: +2 min
Companies U.S. Department of Energy FollowWASHINGTON, Dec 12 (Reuters) - The U.S. Department of Energy will announce on Tuesday that scientists at a national lab have made a breakthrough on fusion energy, the process that powers the sun and stars that one day could provide a cheap source of electricity, two sources with knowledge of the matter said. The scientists at Lawrence Livermore National Laboratory in California have achieved a net energy gain for the first time, in a fusion experiment using lasers, one of the people said. Other methods of fusion use magnets instead of lasers. Energy Secretary Jennifer Granholm is slated to hold a media briefing on Tuesday at 10:00 EST (1500 GMT) on a "major scientific breakthrough." Private industry secured more than $2.8 billion dollars last year for fusion, according to the Fusion Industry Association for a total of about $5 billion in recent years.
☆ US scientists reach long-awaited nuclear fusion breakthrough, source says
  + stars: | 2022-12-12 | by ( Ella Nilsen René Marsh | Ella Nilsen | René Marsh | ) edition.cnn.com   time to read: +5 min
Researchers for decades have attempted to recreate nuclear fusion – replicating the fusion that powers the sun. Nuclear fusion happens when two or more atoms are fused into one larger one, a process that generates a massive amount of energy as heat. Scientists across the globe have been inching toward the breakthrough, using different methods to try to achieve the same goal. This heat can then be used to warm water, create steam and power turbines to generate power. “The opposing argument is that this result is miles away from actual energy gain required for the production of electricity,” he said.
☆ What it feels like to visit a fusion company lab on a day when wildfire smoke cloaks the horizon
  + stars: | 2022-11-04 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com   time to read: +13 min
The Helion Energy building under construction to house their next generation fusion machine. For the employees of Helion Energy, building a fusion device is their job. Helion Energy's building under construction to house the seventh generation fusion machine on a day when wildfire smoke was not restricting visibility. On the one hand, I had a newfound sense of hope about the possibility of fusion energy. This is the Polaris Injector Test, where Helion Energy is building a component piece of the seventh generation fusion machine.
☆ Venture capitalists are cashing in on clean tech, says VC Vinod Khosla
  + stars: | 2022-10-19 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVenture capitalists are cashing in on clean tech, says VC Vinod KhoslaVinod Khosla, founder and managing partner of Khosla Ventures, joins 'Power Lunch' to discuss venture capital investment interest in clean technology, funds being allocated towards the housing market, and the market demand for fusion energy and sustainable aviation.
☆ I left Amazon to work for a climate-tech startup. I now wake up every day smiling — here's how I made the switch.
  + stars: | 2022-10-11 | by ( Holly Secon | ) www.businessinsider.com   time to read: +9 min
Rotem Yossef spent seven years at Amazon before moving to ClimateAI, a tech startup. It's all hands on deck, all day, every day. Working for a startup offers more vertical career-growth potential: It's a pure meritocracy, free of politics and rigid hierarchical structures. Working in climate tech means that when I go to work, I continue to pursue the same values. Read, read, read — and understand the dynamics and implications of working for a startup and for a startup in the space you're aiming at.
☆ Feds commit $50 million to for-profit nuclear fusion companies, chasing the 'holy grail' of clean energy
  + stars: | 2022-09-26 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com   time to read: +4 min
The United States government is putting money behind private-sector nuclear fusion companies for the first time, and that's an indication of how momentum is building behind the "holy grail" of clean energy. At the Global Clean Energy Action Forum in Pittsburgh on Thursday, the Department of Energy officially announced $50 million will go towards private fusion companies in public-private partnerships. Nuclear fusion is when two heavier atoms slam together to form a heavier atom, and is the way stars are powered. But it will help bolster U.S fusion companies and give them credibility. The private sector fusion industry has attracted almost $5 billion in venture and other funding according to the Fusion Industry Association.
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