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I think investments are happening because recent progress in this space is indicating that this might in fact happen in the next decade or so. The cliche that f

I think investments are happening because recent progress in this space is indicating that this might in fact happen in the next decade or so. The cliche that fusion reactors are perpetually 30 years away, might have actually been correct up to about 20 years ago. There are no guarantees here of course, but there are now quite a few companies acting like they are going to get their first test plants up and running in the next ten or so years. From there to commercialization is of course still a long and risky path. But it's very different once you can prove that the process works and more energy comes out then goes in. As you say, fusion reactors will have to compete with absolutely dirt cheap solar, wind, and storage. As well as with future fission plants that may or may not become cheaper than the current state of the art (which is super expensive). Just getting things working is not going to be good enough. It will need to work cheaply.

tsimionescu 4y ago
The biggest problem to take any of these companies seriously, even the MIT spin-off, is that no one has ever attempted yet to extract a single watt of electricity from the fusion reaction. The part where the thermal energy is actually converted to electrical power is still entirely at the theoretical design level. While it is nowhere near as complex scientifically as actually containing the plasma, it will still be a huge engineering challenge. When these companies come and claim that their better magnets will allow them to supply power to the grid 3 years from now when they haven't even arrived where JET is yet, so they haven't even started in the unknowns of actually running the reactor continously and extracting power from it, it is clear that they are gifting with their timeline. And if they are willing to lie about the timeline, I don't see why anyone believes them about the fundamental technology as well.
pydry 4y ago
The "30 years away" thing assumed investment. It's quite weird to think that seeing a potentially endless source of free energy we wouldnt be throwing a trillion dollars or so at it but thats humanity for you. Scientists were similarly optimistic about space exploration after landing on moon shortly before NASA's budget dwindled.

tsimionescu 4y ago

The biggest problem to take any of these companies seriously, even the MIT spin-off, is that no one has ever attempted yet to extract a single watt of electricity from the fusion reaction. The part where the thermal energy is actually converted to electrical power is still entirely at the theoretical design level. While it is nowhere near as complex scientifically as actually containing the plasma, it will still be a huge engineering challenge. When these companies come and claim that their better magnets will allow them to supply power to the grid 3 years from now when they haven't even arrived where JET is yet, so they haven't even started in the unknowns of actually running the reactor continously and extracting power from it, it is clear that they are gifting with their timeline. And if they are willing to lie about the timeline, I don't see why anyone believes them about the fundamental technology as well.

pydry 4y ago

The "30 years away" thing assumed investment. It's quite weird to think that seeing a potentially endless source of free energy we wouldnt be throwing a trillion dollars or so at it but thats humanity for you. Scientists were similarly optimistic about space exploration after landing on moon shortly before NASA's budget dwindled.