Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

carbon-free electricity

Opportunities

Exxon-Mobil and Suncor sued for marketing Fossil Fuels

Exxon-Mobil and Suncor should do the same and offer to drop the lawsuit in exchange for investment in Commonwealth Fusion Systems or one of its competitors such as Tri-Alpha Technologies. Exxon-Mobil which had $3.177 billion cash and short-term investments on 31 December 2017 can easily afford to invest several hundred million dollars in fusion research.

If the City of Boulder and Boulder County are serious about fighting climate change they can agree to be the site of the first commercial fusion reactor. Commonwealth’s proposed test reactor would generate more than enough electricity to power Boulder; which has a population of around 108,090, and a city government dedicated to buying “carbon-free electricity.”

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Eni Executive Hot Fusion Reactor would Cost $3 Billion

The reactor would power around 150,000 homes; or a city about the size of Norwich, England. This estimate is based on the standard calculation that a megawatt is enough electricity for 750 homes.
A megawatt is one million watts of electricity, so the reactor would generate 200 million watts of electricity. That reactor would have the capacity to generate electricity as soon as it was up and running.

“After the transition to renewable energy, the real breakthrough technologically is nuclear fusion,” Robert Casula told Reuters. Casula thinks it would cost $3 billion to develop and build a 200-megawatt fusion reactor and it might be up and running by 2033.

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