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US-based fission technology company Oklo is to merge with AltC. Oklo said in a statement it believed roughly 40% of the Fortune 500 companies are committed to an emissions-free future, with some $2 trillion expected for power generation alone. "Oklo is pursuing two complementary tracks to address this demand: providing reliable, commercial-scale energy to customers; and selling used nuclear fuel recycling services to the US market," the company said.
- Source: NEI Magazine
- Date: Friday, 14 July 2023
- Original article: neimagazine.com/news/newsoklo-announces-merger-with-acquisition-company-altc-11005073
The US Nuclear Regulatory Commission (NRC) will base its regulatory framework for fusion energy systems on its existing process for licensing the use of byproduct materials.
- Source: World Nuclear News
- Date: Wednesday, 19 April 2023
- Original article: world-nuclear-news.org/Articles/NRC-starts-work-on-regulatory-framework-for-fusion
TAE Technologies, the California, USA-based fusion energy technology company, has announced that its proprietary beam-driven field-reversed configuration (FRC) plasma generator has produced stable plasma at over 50 million degrees Celsius. The milestone has helped the company raise USD280 million in additional funding.
- Source: World Nuclear News
- Date: Saturday, 10 April 2021
- Original article: world-nuclear-news.org/Articles/TAE-reaches-hot-enough-plasma-milestone
Scientists at the DIII-D National Fusion Facility in the USA have released a new design for a compact fusion reactor that can generate electricity and help define the technology necessary for commercial fusion power, General Atomics (GA) said on 29 March. The approach is based on the “Advanced Tokamak” concept pioneered by the DIII-D program, which enables a higher-performance, self-sustaining configuration that holds energy more efficiently than in typical pulsed configurations, allowing it to be built at a reduced scale and cost.
- Source: NEI Magazine
- Date: Friday, 02 April 2021
- Original article: neimagazine.com/news/newsgeneral-atomics-develops-compact-tokamak-concept-for-fusion-8644655
US Department of Energy (DOE) Under Secretary for Science Paul Dabbar joined Oak Ridge National Laboratory (ORNL) leaders last week to mark progress toward a next-generation fusion materials project.
- Source: NEI Magazine
- Date: Wednesday, 21 October 2020
- Original article: neimagazine.com/news/newsprogess-for-oakridge-mpex-fusion-project-8191161
The US Department of Energy (DOE) on 13 February announced up to $50 million in cross-cutting departmental funding for programmes to support fusion energy research and development.
- Source: NEI Magazine
- Date: Tuesday, 18 February 2020
- Original article: neimagazine.com/news/newsmore-us-funding-for-fusion-research-7775081
The US Department of Energy has announced it will provide $30m to US universities, private industry and national laboratories for a range of research projects in fusion energy.
In a statement the DOE said the funding will go to 10 US multi-institutional research teams to support fusion energy research at international facilities.
The main focus of the fusion energy research is sustaining high-temperature plasmas for long durations within superconducting tokamak facilities – donut-shaped devices that confine the plasma by means of powerful magnetic fields.
- Source: Nucnet
- Date: Saturday, 31 August 2019
- Original article: nucnet.org/news/us-doe-announces-funding-for-research-8-5-2019
The Massachusetts Institute of Technology's (MIT’s) Alcator C-Mod tokamak nuclear fusion reactor on 30 September set a new world record for plasma pressure of 2.05 atmospheres. This is 16% better than the previous record of 1.77 atmospheres set at the same facility in 2005 at a temperature of 35m Celsius and lasting for two seconds. The breakthrough was presented on 17 September at the International Atomic Energy Agency’s fusion summit in Japan. Professor Robert McCrory of the University of Rochester, New York, said the result confirms that the high pressures required for burning plasma can be best achieved with high-magnetic-field tokamaks such as Alcator C-Mod.
- Source: NEI Magazine
- Date: Thursday, 20 October 2016
- Original article: neimagazine.com/news/newsus-mit-sets-new-fusion-record-5038530