This interesting news about a collaboration between MIT and Commonwealth Fusion Inc (at Nature and potentially behind a firewall for some readers). In any case, the key idea here is that a new generation of superconductors will be used to create a magnetic confinement for the hot fusion plasma.
Many years ago, before I went to graduate school, during an internship on the Hill, I got very interested in fusion. But that was several energy crises ago. These days I would be interested in fusion power as a potential play for mitigating climate change….or possibly Bitcoin mining (not).
From ScienceInsider, the story is here. But caution….this is an authorization bill not an appropriations (that is Congress is creating a empty box to potentially be filled with appropriated dollars), and second this is from the Senate side only. The House bill is not nearly as generous.
John Gapper in today’s FT, here.
The remarkable thing is how rapidly the US has managed to turn the technological tables in two of the most important global industries. For a few years, it looked lost in both telecommunications and energy, then it recovered and raced ahead. It hasn’t lost its touch.