Tag: Fusion
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U.S. invests $46M in commercial fusion energy development
Eight companies get funding to drive US leadership in fusion energy The U.S. Department of Energy (DOE) has announced a $46 million investment in fusion energy development. Aimed at bolstering research, development, and commercial viability, the funding will aid eight companies in different states. The hope is to kindle an energy revolution akin to creating…
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Microsoft and Helion to bring fusion power to the grid
World’s first fusion energy purchase agreement aims to revolutionize clean energy Helion Energy and Microsoft have announced a groundbreaking fusion energy purchase agreement, marking a significant step towards the commercial viability of fusion power. The first-of-its-kind fusion power plant, expected to be operational by 2028, aims to deliver at least 50 MW of electricity and…
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Major breakthrough in clean energy: fusion ignition achieved at Lawrence Livermore National Laboratory
The U.S. Department of Energy and its National Nuclear Security Administration announced a major breakthrough in the field of clean energy with the achievement of fusion ignition at the Lawrence Livermore National Laboratory in California. This marks the first-ever net energy gain, or “ignition,” in a nuclear fusion reaction produced in a lab setting. This…