Helion Energy plans to Enable Profitable Fusion Energy in 2019
They got $5 million from DOE and are raising $35 million. The chief researcher John Slough also has a NASA funded direct fusion rocket project.
The Fusion Engine will Enable Profitable Fusion Energy in 2019
Developed by Engineers to be Commercially Practical
Fast, affordable development (50 MW module, truck-sized)
Fusion is clean, safe, and generates no hazardous byproducts
Fusion energy is converted directly to electricity, eliminating capital costs
Uses demonstrated physics
Scientifically Legitimate
Fusion Engine technology supported by DOE Office of Fusion Energy
IAEA best of peer reviewed fusion paper – 2011
Field leading advocates and independent validation
4th prototype operational in Redmond, WA
How the Fusion Engine Works
Formation -Plasma is generated by ionizing gas in a Field Reversed Configuration
Accelerator -Plasma is accelerated to high velocities using pulsed magnetic fields
Collision -Two plasmas are collided and compressed to transfer kinetic energy to heat
Burn Chamber -Conditions are formed to initiate fusion of fuel
Energy Generation -Fusion plasma is converted to i) direct energy ii) fuel for further operation
Market Demand
The annual worldwide expenditure on electricity is over 3 trillion dollars. It is estimated that over 25 trillion dollars will be invested by 2030 to meet this increasing demand. The Fusion Engine is scalable and compatible with centralized and distributed infrastructure and can access new undeveloped and remote markets. The market is currently lacking a carbon free source of electricity that can meet demand for baseload and on demand power.
Source: http://nextbigfuture.com/2014/07/helion-energy-plans-to-enable.html
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