[HN Gopher] More invested in nuclear fusion in last 12 months th...
       ___________________________________________________________________
        
       More invested in nuclear fusion in last 12 months than past decade
        
       Author : bilsbie
       Score  : 222 points
       Date   : 2022-07-23 20:11 UTC (2 hours ago)
        
 (HTM) web link (www.growthbusiness.co.uk)
 (TXT) w3m dump (www.growthbusiness.co.uk)
        
       | mkl95 wrote:
       | Good news. But let's not forget that fission is the present and
       | near future of nuclear energy. And it just works.
        
       | toveja wrote:
       | To those interested in discussion outside of HN, there is a
       | discord community [0] with professional, academic, and hobby
       | fusion afficionados.
       | 
       | [0] https://discord.gg/Rcum9zkBtg
        
         | LegitShady wrote:
         | Discord is a black hole in the internet. People have
         | discussions you can't search for and isn't indexed on Google
         | etc.
         | 
         | It's convenient but it's worse than a forum for creating
         | knowledge people can search through later. It's a shame it's
         | used for such interesting discussion.
        
           | _dain_ wrote:
           | > People have discussions you can't search for and isn't
           | indexed on Google etc.
           | 
           | this is a feature not a bug. the real problem is lack of user
           | ownership over data, not lack of searchability.
        
           | toveja wrote:
           | Thanks for pointing that out. What would be your
           | suggestion/alternatives?
        
             | krallja wrote:
             | > it's worse than a forum for creating knowledge people can
             | search through later
             | 
             | A forum.
        
             | willis936 wrote:
             | I personally like reddit for public discussions. r/fusion
             | used to be a ghost town with crackpots a few years. These
             | days there are occasional good discussions and the
             | crackpots are chased off.
        
       | alexnewman wrote:
       | Finally. I wonder if what's going on in ukraine has helped
       | investment.
        
       | bloodyplonker22 wrote:
       | It means we are closer to success when we see a lot more VC
       | funding of nuclear fusion versus government (taxpayer) funding.
       | VCs don't have the timeline or ability to lose money without much
       | consequence or blame like the government does.
        
       | TT-392 wrote:
       | Maybe it is only 19 years in the future this time
        
       | thriftwy wrote:
       | I believe that there might be a way to have a compact and
       | efficient fusion reactor which we just don't know yet (and a time
       | traveller would be able to "hold my beer" us into it)
       | 
       | For example, there's this plasma-producing microwave + cut grape
       | trick, what if you use something like this to supply really hot
       | deuterium plasma?
        
         | jleahy wrote:
         | Then you get super hot deuterium plasma, which is unconfined
         | and so won't fuse.
        
           | thriftwy wrote:
           | Maybe you can generate it in one place and confine it in the
           | other? Not dissimilar to how ICEs work. Produce plasma and
           | then burn (fuse) it in pulses.
        
       | dreamcompiler wrote:
       | There's a huge amount of hype in fusion these days. Companies are
       | getting big investments just by saying "we're over unity." None
       | of their investors will recoup any money.
       | 
       | Getting above unity is important but it's still a very long way
       | from _systemic_ over unity of the entire lifecycle of the process
       | that turns fusion into electricity on the grid. And that simply
       | won 't happen in my lifetime or most of your lifetimes.
       | 
       | What _will_ likely happen during our lifetimes is we develop
       | large-scale electricity storage mechanisms. Together with
       | decentralized microgrids, storage will enable most of the world
       | 's electricity to be generated by renewables. The sun is a giant
       | fusion engine, and it's the only fusion engine that will be
       | practical for us during at least the next 50 years.
        
         | acchow wrote:
         | Private Investments usually need returns within a 10-15 year
         | time scale. Once practical fusion gets to that point, we should
         | expect money to come pouring in which will help make it a
         | reality.
         | 
         | We're seeing something similar happening in self driving cars
        
           | Terr_ wrote:
           | My pet theory is that it's no coincidence the self-driving-
           | car investment craze started the same time the baby-boom
           | generation started to enter "grandpa can't drive himself
           | anymore" territory.
           | 
           | In other words, I suspect it's not fueled by a _technology_
           | trend, but by trying to capture a potential customer trend.
        
       | borissk wrote:
       | When all these starups fail to deliver anything of value in a few
       | years, the investors will disappear.
       | 
       | Commercial fusion power is such a huge challenge IMHO there are
       | only two ways we can get there currently: ITER/DEMO (if it
       | doesn't get overcome by bureaucracy and the members don't loose
       | interest in funding it) or Elon Musk (who is probably the only
       | person who can attract the top talent needed, motivate it to work
       | day and night and secure the funding).
        
         | anothernewdude wrote:
         | Musk doesn't attract talent - the wealth does that, Elon
         | himself is a negative.
        
           | dotnet00 wrote:
           | Yes, clearly that's why SpaceX was successful in an industry
           | where the adage was "How do you become a millionaire in
           | aviation? Start with a billion!".
        
       | fnordpiglet wrote:
       | It's happening!
        
       | Digital28 wrote:
       | This is great news.
       | 
       | That said, what the literal fuck -- we've previously been
       | investing 1/850,000th of global GDP in one of 4-5 truly promising
       | energy technologies while the world burns before our eyes?
        
         | AtlasBarfed wrote:
         | It is doubtful that fusion will even be cheaper than old-
         | crappy-PWR-fission.
         | 
         | It is very very very doubtful it will beat wind/solar as they
         | continue to drop in cost, at least not for probably... 40
         | years. We're looking at 10-20 years to a viable commercial
         | design and construction.
         | 
         | I place fusion like next-gen fission: worthy of continued
         | investment in research and maybe some subsidized consumer
         | plants (if/when fusion becomes viable).
         | 
         | Even with viable fusion, there will likely be
         | degradation/radioactivity of the power generation cores from
         | fast neutrons and other problems.
        
         | barkingcat wrote:
         | the profits in 1 year from silicon valley can solve world
         | hunger by buying every single man woman child 3 meals a day,
         | every day.
        
           | _Algernon_ wrote:
           | source?
        
           | throwaway71271 wrote:
           | 700 million people live in poverty
           | 
           | 3 meals per day, 5$ per meal for 365 days is
           | 3,832,500,000,000$
        
             | koverda wrote:
             | beans, $700 / metric ton [1] rice, $500 / metric ton [2]
             | 
             | a meal of 65g dry rice and 55g dry beans per person.
             | 
             | 700m * 3 = 2.1b meals per day 115,500 tons beans = $80.9m
             | 136,500 tons rice = $68.3m
             | 
             | Total $149.1m/day
             | 
             | I'm sure at these quantities you can get much better prices
             | of rice and beans, even just browsing on alibaba. I'd guess
             | we can probably get that down under $100m from alibaba.
             | Probably even lower at the quantities we're talking about.
             | 
             | 1 - https://www.alibaba.com/product-detail/red-bean-
             | wholesales-s...
             | 
             | 2 - https://www.alibaba.com/product-detail/Jasmine-Rice-
             | Long-Gra...
        
               | NavinF wrote:
               | You didn't include shipping. UPS isn't gonna deliver
               | canned food to each tent in places like this: https://en.
               | wikipedia.org/wiki/Tigray_War#Humanitarian_crisis
        
             | stuartd wrote:
             | If meals cost 5$ all over the planet then there would be
             | mass starvation
        
             | the-smug-one wrote:
             | Five bucks? 1kg of beans in Sweden is like 3 bucks.
        
           | stuartd wrote:
           | Still doesn't stop the world burning, though
        
         | no_wizard wrote:
         | I'd love to see a Manhattan project for nuclear fusion
         | research. Just pour money into it until we crack it. I think
         | out of all the energy alternatives it's the most game changing.
        
         | ajsnigrutin wrote:
         | On one hand, you had "traditional" companies (oil, coal,
         | gas,...) lobbying against it, and on the other hand, you had
         | the "green" organizations lobbying (and protesting) against it.
        
           | champtar wrote:
           | And if you combine both hands you get Greenpeace energy
        
         | TaylorAlexander wrote:
         | I hate to say it, but this is the result of fossil fuel
         | interests running the largest [1] economy in the world. We will
         | literally spend 1 trillion dollars a year on war in the middle
         | east and associated commitments but couldn't bother to spend a
         | few billion on fusion research. Absurd.
         | 
         | [1] until recently
        
         | sacrosancty wrote:
         | Fusion isn't a silver bullet even if it works. If it costs more
         | than solar+battery then it's worthless.
        
           | otikik wrote:
           | I agree the cost is important. I disagree in the breaking
           | point at witch it's "not worth it". To me, assuming our
           | battery tech doesn't find a similar breakthrough before, if
           | fusion reaches _one order of magnitude_ above the cost of
           | solar, it is worth it, as a backup. Better to have it and use
           | it when there's clouds instead of coal or gas
        
             | jayd16 wrote:
             | They did say solar _and battery._. So taking it literally I
             | think they 're correct that if we had a battery technology
             | such that it provided consistent cheaper energy we wouldn't
             | need a hypothetical nuclear backup.
        
               | [deleted]
        
               | [deleted]
        
             | Schroedingersat wrote:
             | If you plug your solar panel into some water when you have
             | surplus sun you get hydrogen which burns fine in a combined
             | cycle plant.
             | 
             | If that's too annoying to store you can get it hot and
             | squeeze it over some nickel to get methane.
             | 
             | Electrolyzation becomes cheaper than mining methane for
             | hydrogen (and thus ammonia) production if solar hits the
             | $0.2-0.3/Watt threshold somewhere (which is predicted to
             | happen in 3-7 years).
             | 
             | It's complicated and expensive, but I'm not sure I'd bet on
             | a sabatier reactor (or hydrogen storage if it gets cheap),
             | an electrolyzer and 4x the solar panels being more
             | expensive than a fusion reactor with the average output of
             | 1 unit of solar.
             | 
             | Plus the sabatier thing means we don't have to upgrade all
             | the heating furnaces and expand the grid to have 8x the
             | capacity.
             | 
             | Fusion will be real handy where power density is king
             | though. And if there's some non thermal way of getting work
             | out of it, I can see it being cheaper.
        
           | tremon wrote:
           | No, this is way too shortsighted. Fusion allows us to use
           | other energy sources than our own sun, which means it's
           | essential for viable space missions, and we won't need to
           | compete with the rest of nature (including agriculture!) for
           | our energy needs.
           | 
           | Hydroponics with fusion technology allows us to produce food
           | without relying on the sun at all. I'd say that alone is
           | worth the investment.
        
           | edem wrote:
           | False. At this point environmental impact trumps everything
           | else in my mind.
        
           | Teever wrote:
           | Not at all.
           | 
           | There will always be places where solar+battery isn't viable.
           | Northern Canada and Alaska come to mind.
        
             | adventured wrote:
             | Along with small and or very high population density
             | nations.
             | 
             | India is going to end up with perhaps two billion people
             | and will have extraordinary population density/spacing
             | problems. They're going to desperately need huge numbers of
             | nuclear fission power plants or fusion plants to provide
             | for that. They will not have the space for epic scale solar
             | farms. Singapore, South Korea, Taiwan, Bangladesh,
             | Pakistan, Philippines, Vietnam, Israel, Belgium,
             | Netherlands (among others) are in the same space vs
             | population situation. And given the population explosion
             | across parts of the Middle East and Africa, it's a
             | certainty nations in those regions will have the same
             | problem as well.
        
             | eftychis wrote:
             | Also we are talking about totally different load over time
             | characteristics. And we don't want time plus weather to
             | dictate our industrial and shipping power needs.
             | 
             | Solar is great but not simply alone. (Latitude is less of
             | an issue as (proper) power systems are interconnected
             | markets that sell/buy excess load.)
        
             | Digital28 wrote:
             | Don't forget that we're perpetually one temper tantrum away
             | from nuclear winter now, which would cripple all solar
             | infrastructure for years. I'm actually a little surprised
             | the DoD hasn't deeply invested in fusion for this reason
             | alone.
        
           | LegitShady wrote:
           | its not worthless either way. plenty of places that dont get
           | large amounts of solar radiation during some seasons where
           | fusion could be useful
        
           | belorn wrote:
           | battery for solar installation is at the point where between
           | 2-6hrs of capacity can be economical viable.
           | 
           | Maybe in a few more years/decade/s we will reach a point
           | where in some places in the world it will be economical
           | viable to have exclusive solar and battery, and that assuming
           | prices will continue to drop and that there won't be any
           | resource or physical limitations. Then we got colder climates
           | where solar + battery is unlikely to ever become viable.
           | Exports of solar generated green hydrogen could solve that
           | assuming that the technology for that becomes cheap enough.
           | 
           | Multiple different directions where specific technologies
           | could be economical dominant in the future.
        
           | grej wrote:
           | Totally disagree. Solar + battery will never match the energy
           | density of fusion.
        
             | seanmcdirmid wrote:
             | Solar is basically indirect fusion.
        
               | Ekaros wrote:
               | So is all other energy production methods we use... Apart
               | from some fraction of geothermal.
        
               | scatters wrote:
               | And tidal.
        
               | delecti wrote:
               | And even that, the heavy elements of the earth (basically
               | anything heavier than Helium) only exist because of the
               | sun's predecessor, making the heat from the core also
               | just recycling from fusion.
        
               | [deleted]
        
               | kadonoishi wrote:
               | Tidal would rely on orbital energy.
        
               | ksaxena wrote:
               | Well, with that logic, coal is also indirect fusion
        
               | gruturo wrote:
               | Yeah. And Wind, Gas, Hydro, etc.
               | 
               | Basically everything except fission, tidal and a portion
               | of geothermal. Admittedly it's not a terribly useful
               | classification.
        
               | bilsbie wrote:
               | Fission is just solar from different star.
        
             | epistasis wrote:
             | And fusion will never be able to stop emitting massive
             | amounts of waste heat that must be dealt with somehow.
             | 
             | I'm not sure what benefit density provides, especially
             | since people obsessed with density seem to only focus on
             | the reaction chamber, which is the smallest part of the
             | massive building and heat rejection apparatus that will be
             | needed.
             | 
             | Rejecting waste heat is a real difficulty, and part of the
             | reason that's France's fission fleet is at less than 50%
             | capacity right now.
             | 
             | Thermal electricity production has a chance of becoming
             | obsolete compared to direct conversion of photons into
             | electricity. When solar plus storage costs less than steam
             | turbines plus heat rejection, then it doesn't matter how
             | cheap or dense the fusion part is in terms of economics.
        
           | paconbork wrote:
           | One advantage of other technologies over solar is space
           | efficiency. Obviously we're not physically lacking in space
           | to install solar, but when even solar farms installed in the
           | desert can be shut down by "climate activists" [1], then we
           | really need all the help we can get
           | 
           | [1] https://apnews.com/article/technology-government-and-
           | politic...
        
             | boomskats wrote:
             | The article you linked to states this as the reason for the
             | project being scrapped:
             | 
             | > But a group of residents organized as "Save Our Mesa"
             | argued such a large installation would be an eyesore and
             | could curtail the area's popular recreational activities --
             | biking, ATVs and skydiving -- and deter tourists from
             | visiting sculptor Michael Heizer's land installation,
             | "Double Negative."
             | 
             | I also searched the page and the word 'climate' doesn't
             | appear even once. Why do you consider this to be an example
             | of 'climate activists' shutting down a solar farm project,
             | and do you have any other (actual) examples of it
             | happening?
        
               | paconbork wrote:
               | The article mentions both "conservationists" and
               | "endangered species advocates", who I believe tend to
               | consider themselves (and are considered by others to be)
               | environmentalists. Here's an example of a wing of the
               | Nevada Democratic Party (who according to their bio, want
               | a #GreenNewDeal) also being against the development:
               | (edit, forgot the link: https://twitter.com/LeftCaucus/st
               | atus/1374527780034015244)
               | 
               | For another actual example of this happening, see the
               | scaling back of the Ivanpah Solar Power Facility
        
               | Schroedingersat wrote:
               | That's the biggest reach I've ever heard.
               | 
               | Those are NIMBYS who want their view. Maybe with a mix of
               | oil lobbyists.
        
               | jholman wrote:
               | You appear to think that "conservationist", "endangered
               | species advocate" and "environmentalist" are all synonyms
               | for "climate activist"? Your previous comment claimed
               | there was opposition from "climate activists", and these
               | are not examples of that. The BattleBorn situation seems
               | to be about about tourism and similar values (not climate
               | activism), the Ivanpah situation looks like it's about
               | species conservation (not climate activism).
               | 
               | Don't get me wrong, I am very frustrated by people who
               | see themselves as environmentalists, for whom climate
               | change (and thus non-carbon energy sources) is not the
               | top priority. I think they have wrong priorities. But
               | that doesn't mean they're hypocrites, they're just (IMO)
               | wrong.
               | 
               | All that said, I agree with your topline observation that
               | we need all the help we can get.
        
         | paul80808 wrote:
         | Exactly. The past of fusion has been grim, but the future looks
         | (probably) bright. https://astralcodexten.substack.com/p/your-
         | book-review-the-f...
        
           | toveja wrote:
           | I wouldn't say the (recent) past was grim, but rather that
           | the technology to build an _affordable_ commercial device had
           | not yet been developed yet. We designed and built ITER at
           | such a large size and cost (EUR20 billion) since high
           | temperature superconducting magnets were not yet available.
           | 
           | In the meantime, all of the experimental devices (JET, AUG,
           | EAST, DIII-D, etc.,) have been gathering evidence on how to
           | operate ITER when it is turned on, and not necessarily
           | focused on achieving breakeven.
        
             | stormbrew wrote:
             | > We designed and built ITER at such a large size and cost
             | (EUR20 billion) since high temperature superconducting
             | magnets were not yet available.
             | 
             | This is one of those numbers that only seem big without
             | context. Medium-sized cities spend more than this on
             | interchanges and highway development over shorter timespans
             | than any of the various multi-decade price tags that get
             | thrown around for ITER.
        
               | toveja wrote:
               | I agree.
               | 
               | The hefty price tag seems smaller when considering the
               | development and design of ITER began during the cold war.
               | 
               | The literal size is definitely big even without context,
               | which is why it has the nickname: gigantomak :D.
        
             | dtagames wrote:
             | Doesn't IETR consume more power than it produces? Fusion
             | (like solutions for aging fission plants and their waste
             | products) always seems just around the corner -- yet never
             | arrives.
        
               | orzig wrote:
               | For me, it was eye opening to inside its progression in
               | terms of dollars, not years. It's barely had the chance
               | to get started.
        
             | samhain wrote:
             | Have you heard of MITs SPARC reactor? It's way more
             | interesting than ITER. It is 3x smaller, with Q greater
             | than 10 (compared to ITERs ~10). It's also slated to be
             | finished -before- ITER.
        
           | nilsbunger wrote:
           | This was an awesome overview of current state of fusion
           | attempts!
        
         | tsimionescu wrote:
         | If you look more into it, it's not clear at all that fusion is
         | actually a promising source of power. None of the currently
         | contemplated technologies have any realistic chance of
         | producing power anywhere near competitively in cost, even
         | ignoring the huge research costs left to get there (no
         | currently planned fusion experiment has any hope of producing
         | more power than it consumes).
        
           | ac29 wrote:
           | > no currently planned fusion experiment has any hope of
           | producing more power than it consumes
           | 
           | ITER [1] is expected to produce more thermal energy than it
           | consumes and is currently under construction. No electricity
           | though.
           | 
           | The follow up plant, DEMO [2], should produce electricity
           | (750MW).
           | 
           | [1] https://en.wikipedia.org/wiki/ITER
           | 
           | [2] https://en.wikipedia.org/wiki/DEMOnstration_Power_Plant
        
             | tsimionescu wrote:
             | Yes, I should have said electrical power. ITER isn't even
             | attempting to produce any. DEMO is a concept, not a planned
             | facility; the plans will be drawn up based on the results
             | of ITER, hopefully by 2030. Note that DEMO won't even be a
             | particular plant, several countries participating in ITER
             | are hoping to go on to construct DEMO plants.
        
         | more_corn wrote:
         | What if I told you commercially viable fusion power has been 10
         | years away for the last 40 years? What if I told you it always
         | will be?
         | 
         | Investment in something that might not pay off is wise if it
         | does, and foolish if it doesn't.
        
           | orzig wrote:
           | I think the people who said "10 years away "we're assuming it
           | would get actual serious investment. I would argue that this
           | is year 1
        
         | api wrote:
         | The world burning is the basis of the economy for dozens of
         | petrostates and some of the world's largest corporations.
        
         | bryanrasmussen wrote:
         | I can't remember who said it but I remember reading a quote one
         | time to the effect that the man who invented a new form of
         | energy for the world without also inventing a new heat sink
         | would be history's greatest monster. Not sure I agree, but does
         | give one pause if prone to pessimism as I am.
        
           | formerkrogemp wrote:
           | Perhaps this was referring to humanity's use of fossil fuels?
        
             | bryanrasmussen wrote:
             | no, fossil fuels aren't a new form of energy. The
             | implication would be that a new form of energy would just
             | be used with all the other forms of energy, it may also
             | have been a new cheap form of energy in the quote, implying
             | that we would take a cheap form of energy and overuse it so
             | that the world burned faster.
        
           | kadoban wrote:
           | I don't get it. Why would a new form of energy need a new
           | heat sink?
           | 
           | Wouldn't any energy we can realistically generate be a drop
           | in the bucket compared to what the Sun throws at us every
           | second? And even if not, what would a heat sink do about it?
           | I think I'm missing something.
        
         | rainsford wrote:
         | I'd love to see viable nuclear fusion power, but the lack of
         | more investment at the moment doesn't really seem unreasonable.
         | As you said, there are a number of other green alternatives,
         | including traditional nuclear fission power, that have proven
         | they can be real alternatives to fossil fuels and that would
         | benefit from continued investment.
         | 
         | Unless I've missed something, nuclear fusion meanwhile has yet
         | to demonstrate realistic commercial power generation, even as a
         | proof of concept or a complete path to get to that point. In
         | other words, more research is definitely worthwhile, but it
         | also seems possible it will be a dead end at least in the near
         | term. It's hard to argue prioritizing that over other things
         | that have been generating real commercial power for decades.
         | I'm all in favor of an all-of-the-above approach, but
         | prioritization almost always has to be the reality.
        
           | Digital28 wrote:
           | It's an equal level of insanity that technologies like
           | thorium breeder reactors haven't been getting whole number
           | percentages of first world budgets, especially considering
           | how extremely high of a priority climate change has become
           | and how costly the alternatives (e.g., disaster mitigation)
           | are getting.
        
             | twawaaay wrote:
             | Budgets are decided by elected officials and elected
             | officials are steered by their polling numbers.
             | 
             | Out of all sources of energy only atomic energy is
             | something that we can practically scale at the moment to
             | cover all our needs. We just need to think a bit harder how
             | to ensure this is done responsibly and safely. Not saying
             | it is an easy problem, but I think the issue is too little
             | resources are devoted to solving it. I would say this
             | probably isn't harder than sending a man to the Moon. It is
             | just something that should be possible to fix practically
             | with existing technology and just good design.
             | 
             | The cost of humanity that can't decide on what needs to be
             | done is that we are still reliant on fossil fuels and are
             | distracting ourselves with half measures that have a lot of
             | problems that in hindsight were pretty obvious. Like solar
             | energy -- only works when the sun is up, is difficult to
             | scale and we still haven't figured out how to store energy
             | for when it is needed.
             | 
             | Our children will curse us.
        
             | LunaSea wrote:
             | But climate change hasn't been a priority in most western
             | countries (in most countries really).
        
               | devonkim wrote:
               | Cheap, sustainable power is in the interest of most
               | governments that haven't been essentially paid off to
               | stay on fossil fuels. But because the existing tech is
               | more invested in various political campaigns and parties
               | across most of the world they'll keep progress from
               | happening in areas of public funding. From our left
               | you'll get the anti-nuclear zealots and from the right
               | you'll get the anti-government spending zealots, so it's
               | pretty much a political loss until fairly recently with
               | the EU designation of nuclear as an option to support
               | nuclear of any sort. While climate change is serious and
               | matters it bothers me deeply when I see older nuclear
               | facilities shutdown while new coal power plants show up
               | the same year. It really seems like backwards progress in
               | much of the US in our energy sector anywhere that hasn't
               | had massive renewables investments.
        
             | pshc wrote:
             | Everyone in the real world seems to be fixated on gas
             | prices and bigger vehicles. It's pure myopia.
        
         | otikik wrote:
         | Compare that to what we have invested in crypto globally and
         | weep.
        
           | Noughmad wrote:
           | Compare it to what we have invested in killing each other,
           | and despair.
        
         | joe_name wrote:
        
       | eatonphil wrote:
       | The article doesn't seem to mention why exactly but I'm guessing
       | it's some combination of 1) visible climate change (extreme heat,
       | wildfires, drought, etc.) so people want better energy sources
       | and 2) the mayhem Russia started seeing as it is one of the
       | bigger energy providers.
       | 
       | Or has there been anything else?
        
         | oconnor663 wrote:
         | Those things might explain some rising investment in
         | alternative energy in general, but I don't think either them
         | would be specific to fusion.
        
         | V__ wrote:
         | There seems to be a lot of innovative ideas and a lot of them
         | seem to be quite doable, which is interesting for investors.
         | One I really like is FirstLightFusion [1]. They are using a
         | ballistic system to shoot at a small fuel cube, which creates a
         | fusion reaction and then use the generated heat to power a
         | turbine. There is a nice behind the scene video with some
         | interview from FullyCharged [2].
         | 
         | [1] https://firstlightfusion.com/ [2]
         | https://www.youtube.com/watch?v=M1RsHQCMRTw
        
         | bawolff wrote:
         | Better high temp super conductor lowering barrier to entry
         | maybe? (im pretty ignorant of this field)
        
         | ISL wrote:
         | The really big deal in the last decade has been better magnets
         | -- many of the "novel" approaches attracting recent funding are
         | probably doomed to fail, but the MIT-associated consortia that
         | simply aspire to building better tokamaks with modern magnets
         | look encouraging.
        
         | Filligree wrote:
         | Some breakthroughs in plasma modelling, too.
         | https://www.sciencealert.com/physics-breakthrough-as-ai-succ...
        
         | ianburrell wrote:
         | REBCO high-temperature superconductors have potentially changed
         | the game. They can support stronger fields which means smaller
         | devices for same confinement. Commercial production seems to
         | only started in the last decade.
         | 
         | MIT's research, spun out as CFS, may be prompting other
         | startups.
        
           | epicureanideal wrote:
           | Is there any fundamental limit we're hitting on magnetic
           | fields or might we see another 10-100x increase in field
           | strength in the future?
        
             | willis936 wrote:
             | It would be shocking if HTS manufacturing research did
             | anything other than accelerate. If there are fundamental
             | physical limits to run in to then they are very far away.
             | This is deep in the engineering limited area. How much
             | abuse from strain and radiation can your HTS handle? The
             | better your answer at a cheaper cost, the smaller and more
             | powerful of a machine you enable. Humans know how to make
             | pretty strong steel, so the superstructure won't be a
             | limiting factor for a while if ever. Making HTS tapes and
             | divertors that can handle what we ask of them are the
             | material challenges. There is room to be clever with
             | physics to lessen the divertor problem.
        
             | jleahy wrote:
             | Nobody knows, is the short and boring answer. We don't have
             | a sufficiently detailed understanding of what drives
             | critical field strength in these materials (otherwise we'd
             | have room temperature superconductors or have ruled out
             | their existence already).
        
         | SkyMarshal wrote:
         | Actual advances in fusion and related energy generation tech.
         | For example, at least one startup, Helion, is developing a way
         | to generate electricity directly from the fusion reaction and
         | magnetic field, instead of indirectly by heating water into
         | steam that then turns a turbine generator. The increased
         | efficiency from that might enable it produce net electricity.
         | And quite frankly, it's way past time that we advanced beyond
         | converting energy -> heat -> motion -> electricity, and
         | shortened that cycle to energy -> electricity.
        
           | whatshisface wrote:
           | Magnetohydrodynamic generators were invented for coal plants
           | 70 years or so ago but turbines are more efficient.
        
       | sva_ wrote:
       | Something I wondered about fusion is, where does all that 'excess
       | energy' go?
       | 
       | I mean don't understand me wrong, it is obvious that is a much
       | better form of energy release than all the other forms of energy
       | production we have; but let us consider we manage to gain energy
       | from fusion, the electricity released still releases heat, so how
       | does it dissipate, if we have near-infitite energy, and anyone
       | can spend as much as they want?
        
         | hobscoop wrote:
         | It'll ultimately be dissipated by infrared radiation into
         | space. Earth receives something like 173,000 terawatts of
         | radiation from the sun; this is equal to the amount radiated
         | out as infrared, except for the "radiative forcing" which is
         | the amount by which the world is heating. Radiative forcing is
         | currently something like 1000 TW. All of human civilization is
         | powered by something like 20 TW. If we want to stop global
         | heating we need to use a fraction of those 20 TW to "turn the
         | ship" of size 1000 TW.
        
         | [deleted]
        
         | orzig wrote:
         | It is a valid question, but to put it in perspective, the sun
         | bathes us in dramatically more kWh than we need to annually
         | power the world every few minutes. So fusion would be a drop in
         | the bucket at a global scale.
        
       | greenthrow wrote:
       | I don't believe the hype. From what I can see fusion still isn't
       | anywhere near being a viable source of energy, other than in the
       | form or solar power.
        
         | felixmeziere wrote:
         | Yes, it will be for the second half of this century, if we make
         | it there.
         | 
         | Side comment: fusion can be seen as a solution to many of our
         | worst problems. But another way to see it is that without a
         | complete change in what societies value and how they act (i.e.
         | a cultural/philosophical/storytelling change), fusion is just
         | going to increase the rate at which we are transforming this
         | planet into a giant pile of garbage, whether its solid and
         | liquid garbage (leading to wiping out 60% of wildlife in 50
         | years, spilling the phosphorus of our soils into the sea
         | -making them sterile and killing life in the sea- etc etc), or
         | gas garbage (typically greenhouse gases).
         | 
         | We do that by extracting resources nature concentrated for us
         | for free for millions of years and dispersing them all around
         | in our buildings, phones, playstations, fertilizers, fuel etc.
         | 
         | As long as Black Friday is the highlight of the year, there are
         | reasons to think fusion might be more dangerous than helpful.
         | 
         | It's good to have an increasing ability to transform matter, as
         | long as you are using that ability in the right direction.
        
           | ambrozk wrote:
           | I don't know what makes you so so confident about your
           | prediction, and what you've written about fusion's
           | relationship to waste is, I'm pretty sure, inaccurate.
        
             | fzzzy wrote:
             | I think the point is the more useful energy we have at our
             | disposal, the more garbage we can make easily.
        
         | wetpaws wrote:
         | So was solar and nuclear.
        
           | [deleted]
        
         | twarge wrote:
         | Agree. There have been no breakthroughs. The projects getting
         | funding are just different enough to be not immediately
         | disprovable and continue to spectacularly overpromise without
         | solving any of the real problems. Chamber embrittlement?
         | Nuclear waste? (activation of the apparatus by the 12 MeV
         | fusion netrons is a lot worse than the 100 keV fission
         | neutron.)
        
           | JumpCrisscross wrote:
           | > _have been no breakthroughs_
           | 
           | Magnet miniaturisation, together with CADs like the
           | stellarator [1], refutes this.
           | 
           | With respect to waste and embrittlement, those are simpler
           | consumables and waste products than fossil fuels and
           | atmospheric emissions.
           | 
           | [1] https://en.m.wikipedia.org/wiki/Stellarator
        
       | magila wrote:
       | Where is this $1.9 billion over the last decade figure coming
       | from? ITER alone has surely burned through more than double that.
       | 
       | Edit: Sounds like it might only be counting investment in private
       | companies.
        
       | rjmunro wrote:
       | > There was also a breakthrough in late 2021, when researchers at
       | the Joint European Torus (JET) facility in Oxford managed to
       | release a record-breaking 59 megajoules of fusion
       | 
       | 59 megajoules in useful units is 16kWh, less than 2 days use of
       | my house. That's the biggest fusion reaction ever.
        
         | DeIonizedPlasma wrote:
         | 59MJ over the short period of 7s, equivalent to 8.5 MW
         | (https://www.iter.org/newsline/-/3722). A research reactor (not
         | built to be a power plant) that is still capable of powering
         | over 20,000 households while running isn't really as
         | underwhelming as you seem to imply it is.
        
         | chris_va wrote:
         | https://en.wikipedia.org/wiki/Tsar_Bomba ... was slightly
         | larger than that.
         | 
         | Anyway, 59MJ isn't terrible if you can run it at 60Hz. Of
         | course, I agree that the reality is a bit far away.
        
         | toveja wrote:
         | 59 megajoules of sustained energy ^over the course of a few
         | seconds^.
         | 
         | Ideally this energy output would be sustained for days within
         | ITER.
         | 
         | JET is not designed to do this, as it has a copper magnet
         | system, which means if you try to sustain such a plasma
         | (confined with around 5 T magnet and around 2 MA plasma
         | current) for longer than a few seconds, you would melt the
         | magnet.
         | 
         | Edit: ITER would operate at 5-10 T, and around 15-20 MA plasma
         | current.
        
           | tsimionescu wrote:
           | Note that these are 59MJ of energy released by the fusion
           | reaction. No attempt was made to actually catch them. And
           | even if they had been captured, they would not have been able
           | to power the magnets + cooling systems used to confine the
           | plasma. We are very very far away from actually producing
           | even 1W of usable fusion power.
        
             | toveja wrote:
             | You are correct that at JET there is no tech installed to
             | absorb the neutrons, nor will there ever be in JET, since
             | (as pointed out above) it is a _research_ device.
             | 
             | Current fusion devices are not nor were they ever designed
             | to generate electricity for a grid.
             | 
             | This is why we build ITER, and DEMO thereafter. Generating
             | 'usable fusion power' is limited to building reactor scale
             | experiments, which to date, has not been done (ITER will be
             | the first).
        
         | tiborsaas wrote:
         | The first human flight lasted 12 seconds, don't judge
         | achievements by the numbers.
        
       | Apocryphon wrote:
       | Crazy to imagine what would've happened if in the past it had
       | been more than sub-fusion never.
       | 
       | http://i.imgur.com/sjH5r.jpg
       | 
       | https://hardware.slashdot.org/story/12/04/11/0435231/mit-fus...
        
       | [deleted]
        
       | rbanffy wrote:
       | I'm glad, but I hope we still invest in Plan-B's because we are
       | literally betting our civilisation on moving away from carbon.
        
       | timmg wrote:
       | I wonder how this compares to the amount of money invested in
       | crypto startups in the past few years. (I don't mean the value of
       | crypto or the amount of money that was traded into it -- just the
       | amount VCs invested into crypto startups.)
       | 
       | I don't know if that means people that allocate capital think
       | crypto has a better chance of changing the world than nuclear
       | fusion -- or if it's something else. But it is strange to compare
       | the funding of each.
        
         | ushakov wrote:
         | i wonder how this compares to the amount of money invested in
         | autonomous driving startups
        
         | rjmunro wrote:
         | Not that it has a better chance of changing the world, just
         | that it has a better chance of making them some money back in a
         | reasonable time.
        
         | missedthecue wrote:
         | There are probably a lot more founders with crypto ideas than
         | founders with fusion ideas.
        
           | ricardobeat wrote:
           | That would be an argument for having _more_ investment into
           | fusion.
        
             | missedthecue wrote:
             | Why? If you get 25 crypto startups for every fusion
             | startups, you're necessarily going to see more funding in
             | the crypto sector.
        
         | kortilla wrote:
         | >or if it's something else
         | 
         | It's something else. Many people want their money invested in
         | something with a good risk adjusted returns. Only a tiny subset
         | of investors invest significant portions of their capital into
         | significantly lower expected value outcomes because they like
         | the field.
        
         | meowkit wrote:
         | Apples to oranges. Investments are compared by their up front
         | costs and rates of returns.
         | 
         | Crypto up front costs are dirt cheap as most of it is open
         | source software, and in a bull mania the rates of returns are
         | astronomical.
         | 
         | Nuclear is a mature industry with R&D for fusion that has some
         | of the largest up front capital costs on the planet for cutting
         | edge materials, controls, land, and safety requirements. To top
         | that off, the rates of returns are abysmal and take forever
         | even compared to coal plants.
        
         | ricardobeat wrote:
         | The total of crypto VC investments for 2021 was reported at
         | $33B.
        
       | mbgerring wrote:
       | One novel approach to clean energy deployment would be to spend
       | some of this money to deploy enough solar, wind and batteries to
       | provide the enormous amounts of energy needed for all these sub-
       | breakeven fusion experiments. Then, whether we get a viable
       | fusion reactor or not, we all win.
        
         | ChadNauseam wrote:
         | It seems more reasonable to me to try to figure out what would
         | be a reasonable amount of money to spend on these projects
         | independently, instead of tying the amount of clean energy
         | deployment to the amount clean energy research for no apparent
         | benefit
        
         | kortilla wrote:
         | Maybe we should fraud these people trying to invest in a better
         | solution with worse ones!
        
       | hit8run wrote:
       | Stupid Germany however us Cuckolding itself watching from the
       | side.
        
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