Daily on Energy: Fusion energy CEO discusses endgame for nuclear

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DAILY ON ENERGY: • Perspective on nuclear fusion • EU leaders strike deal on world's first carbon tariff • Electric vehicles now make up 20% of Norway's auto fleet

PERSPECTIVE ON NUCLEAR FUSION: Nuclear fusion is the subject of intense interest this week with demonstration, for the first time, that fusion “ignition” is attainable in a controlled environment.

Kelsall sought to distinguish between the measure of success achieved in a Q value slightly larger than 1 and the net energy gain factors that would have to be achieved to commercialize fusion, which he said would be in the “teens” or greater. The device heats up hydrogen plasma to around 100 million degrees, creating a “plasma soup” and triggering fusion reactions.

“We can fit our ‘nth-of-a-kind’ devices … the equipment and materials, the offices, supporting infrastructure in a couple of football fields, can place it strategically near to population centers safely and securely, without huge storage costs of renewables, without huge grid infrastructure,” Kelsall said.

Fission reactions, however, unlike fusion, also generate highly radioactive waste. That makes fusion more palatable compared to next-generation fission reactors, Kelsall said, who insisted valuations of burgeoning advanced reactor technologies undersell the total lifecycle costs associated with waste management.

The Carbon Border Adjustment Mechanism, or CBAM, will begin to take effect in October 2023, leaders said in a statement. Starting then, companies who import high-polluting goods into the EU will be required to purchase certificates to cover their CO2 emissions. Leaders say the goal is to ensure a balanced treatment of high-polluting imports with domestic industries in the EU, who are already required to buy permits from the bloc’s carbon market when they pollute.

The layoffs, due to overspending, could put it at risk of falling even further behind on its power line maintenance, an area where PG&E has already fallen far behind. The utility has played a major role in sparking some of California's largest wildfires, including the 2021 Dixie Fire and the 2018 Camp Fire.

French Foreign Minister Catherine Colonna praised the participation of non-Western countries, including Qatar and Cambodia, that she said showed a widening network of support for Ukraine.

 

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