User:Stonecampbellc/Commonwealth Fusion Systems
Fusion Energy
Fusion power is on the rise with projects such as a multinational $25 billion International Thermonuclear Reactor and is under construction in southern France with the goal of beginning operations in late 2025 and actually producing power a decade later. [1] But now thanks to private enterprise the opportunity of spreading this technology is only increasing. Commercial Projects hoping to bring include Tokamak Energy of Oxford, England; General Fusion of Vancouver, Canada; TAE Technologies of California, United States; First Light Fusion, a University of Oxford spin off; and lastly Commonwealth Fusion Systems, a spinout of Massachusetts Institute of Technology.
In December 2021, CFS raised $1.8 billion in funding to commercialize fusion energy. This money would be put towards capital to construct, commission, and operate SPARC, the first commercially relevant net energy fusion machine. With that in place, CFS can begin to work on ARC, the first commercial fusion plant. The work ARC to make a well functioning power plant includes a variety of things such as developing support technologies, advancing the design, identifying the site, and assembling the partners and customers for the future of nuclear power.[2]
- ^ T.G. (2019). "FUSION ENERGY: A SPARK TO START-UPS". ASEE Prism. 29 (1): 12–12. ISSN 1056-8077.
- ^ Greenwald, Martin (2019-05). "Fusion Energy: Research at the Crossroads". Joule. 3 (5): 1175–1179. doi:10.1016/j.joule.2019.03.013. ISSN 2542-4351.
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