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US fusion energy tech startup Helion Energy has signed an agreement to provide Microsoft with electricity from its first fusion power plant. Constellation will serve as the power marketer and will manage transmission for the project. Helion said the plant is expected to be online by 2028 and will target power generation of 50 MW or more after a one-year ramp up period. The companies did not disclose financial or timing details of the power purchase agreement, or which Microsoft facilities would get fusion-generated electricity.
- Source: NEI Magazine
- Date: Wednesday, 17 May 2023
- Original article: neimagazine.com/news/newshelion-announces-first-fusion-energy-purchase-agreement-with-microsoft-10852833
A new study by US-based Zap Energy will assess the feasibility of siting a Zap fusion energy pilot plant at Washington's only remaining coal power station. Zap Energy has said it will study the potential benefits of transitioning a natural gas power plant to a first-of-a-kind fusion pilot plant.
- Source: NEI Magazine
- Date: Saturday, 08 October 2022
- Original article: neimagazine.com/news/newszap-energy-considers-retrofitting-fusion-reactor-at-coal-plant-10066974
The US Department of Energy (DOE), last week, announced the winners of $32 million in funding for 15 nuclear fusion research projects.
- Source: NEI Magazine
- Date: Wednesday, 15 April 2020
- Original article: neimagazine.com/news/newsus-doe-announces-funding-for-lower-cost-fusion-concepts-7872066