UKAEA signs multimillion-pound framework agreement to aid development of fusion energy. UKAEA will be able to call on the expertise of world-leading engineering firms after signing a four-year-long Engineering Design Services Framework with nine companies. The companies which are part of the framework are: Assystem, DBD, Rolls-Royce, Jacobs, Frazer Nash, Atkins, IDOM, Mott MacDonald, and M5tec.
UKAEA 1st June 2020 read more »
The goal of commercial nuclear fusion energy in the UK came a step closer today with the signing of a new collaboration between government and nine leading engineering firms.
iMech 1st June 2020 read more »
An MIT spin-out company is planning to cross the commercial nuclear fusion finish line before anyone else, and big money is backing this game-changing tech that will dictate our energy future by promising unlimited zero-carbon energy–the holy grail. By 2025, Commonwealth Fusion Systems (CFS)–an MIT spin-out–plans to see is SPARC project become the first fusion reactor to show “net energy gain” by 2025. By 2030, it intends to make nuclear fusion a commercial reality, disrupting all those nuclear fusion experiments elsewhere in the world that have been working towards this a lot longer, and disrupting energy–forever. Microsoft billionaire Bill Gates believes it. He was the first big backer of CFS. And now, Norway’s oil giant–Equinor–is throwing money behind it.
Oil Price 1st June 2020 read more »