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Helicon raised $77m in venture capital. WA isn’t giving them any money.
One of the investors is Dustin Moskovitz, the multi-billionaire co-founder of Facebook. I’m sure he will be OK even if nothing comes from his investment.
The lead scientist is a UW physics grad who has been working on the idea for over a decade.
I’m glad someone is trying some innovative science and capitalism to find new sources of energy.
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There are around 2 dozen companies exploring fusion energy including another in Seattle (Zap) and one in nearby Burnaby, BC (General Fusion)
So far, none have shown any real promise in creating a sustained fusion reaction, much less the ability to generate power from a fusion reaction as touted by Inslee.
In the 25 years since I left General Atomics, which operates the D-III Tokamak Fusion Reactor, plasma energy breakeven has still not ever been achieved:
The current record for energy release is held by the JET in the UK, which succeeded in generating 16 MW of fusion power, but used 24 MW of power to heat the plasma.
ITER is a 35 nation consortium building a Tokamak fusion research reactor in France that is scheduled to start operations in 2025 and hopes to produce a ten-fold return on energy.
Hopefully with fusion, the results will match the hype.