Bet On It?
If it sounds too good to be true, it probably is, right? Normally we’d say yes, but experts around the globe say nuclear fusion power, which holds the promise of clean and virtually limitless electricity, could be just around the corner. After nearly six decades with many promises but few results, new advancements may finally tip the scale, according to the Financial Times.
“Fusion is coming, faster than you expect,” Fusion Industry Association exec Andrew Holland told the publication.
Green and Clean
There could be many benefits to nuclear fusion. Unlike nuclear fission it would create little waste and, as far as we know, could never result in an accident like Chernobyl. Insert a side-eye here for plans to dump radioactive water into Cape Cod Bay and the Pacific.
Besides being cleaner, fusion would just be way more effective. The FT reports that one glass of the fuel it would use has the energy potential of one million gallons of oil, and could power a home for 800 years. Can you imagine holding 800 years of electricity in one hand?
The problem, of course, is that the tech is notoriously difficult to stabilize. No venture, public or private, has yet managed to build a fusion reactor that produces more power than it consumes.
One of Many
Investment money is flowing into the tech. The FT reports that Silicon Valley investor Sam Altman recently poured $375 million into Helion, a US-based fusion startup.
We’re a little too seasoned to get our hopes up just yet, but if nuclear fusion becomes a reality, it could play a substantial role in saving the planet. Climate change, green and renewable energy, less waste — it’s all in the nuclear fusion promise.
Let’s hope investors like Altman stick it out until we see it through.