Investors Have Now Spent $5 Billion Pursuing The “Holy Grail Of Energy” | OilPrice.com

United States News News

Investors Have Now Spent $5 Billion Pursuing The “Holy Grail Of Energy” | OilPrice.com
United States Latest News,United States Headlines
  • 📰 OilandEnergy
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 68%

When it comes to nuclear fusion, the joke is that it is always just decades away, but that hasn’t stopped investors from spending $5 billion on chasing the holy grail of energy.

, a nuclear fusion startup with an unconventional strategy, back in June. Since then, TAE has raised a total of $1.2 billion.," General Fusion Chief Executive Christofer Mowry has told the Wall Street Journal.

But why have scientists so far failed at replicating a natural process that powers the stars in our universe?Turns out that the conditions necessary for nuclear fusion to take place present an extreme challenge for us earthlings. Stars have it easy in this regard thanks to their immense masses and powerful gravitational fields that hold everything together. For instance, the sun is 333,000 times the mass of the Earth with a gravity ~27.9 times that of Earth.

Funded by six nations including the US, Russia, China, Japan, South Korea, and India, ITER plans to build the world’s largest tokamak fusion device, a donut-shaped cage that will produce 500 ME of thermal fusion energy.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

OilandEnergy /  🏆 34. in UK

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Israel Planning Clean Energy ‘Revolution’ In Middle East | OilPrice.comIsrael Planning Clean Energy ‘Revolution’ In Middle East | OilPrice.comTwo Israeli energy giants have announced plans to jointly develop major renewable energy projects in the MIddle East and North Africa, as the country works to normalize relations with former enemies.
Read more »

Drought Is Driving European Energy Markets Toward Disaster | OilPrice.comDrought Is Driving European Energy Markets Toward Disaster | OilPrice.comA combination of record-breaking natural gas prices, rising coal prices, and droughts across Europe are putting the EU electricity market under massive pressure.
Read more »

Cheap Air Travel May Be A Thing Of The Past | OilPrice.comCheap Air Travel May Be A Thing Of The Past | OilPrice.comThe rising costs of oil and gas across the world, in addition to ongoing energy shortages, could very well spell the end of cheap air travel for the foreseeable future
Read more »

Gas-To-Oil Switch May Not Be A Huge Catalyst For EU Crude Demand | OilPrice.comGas-To-Oil Switch May Not Be A Huge Catalyst For EU Crude Demand | OilPrice.comThere's a growing sense that Europe might not only meet its gas targets but also exceed them, and that could in turn be bad news for heating oil demand
Read more »

WTI Stops Slide As API Figures Show Major Gasoline Draw | OilPrice.comWTI Stops Slide As API Figures Show Major Gasoline Draw | OilPrice.comThe American Petroleum Institute (API) reported a draw this week for crude oil of 448,000 barrels, while analysts predicted a smaller draw of 117,000 barrels.
Read more »

Clean Energy Or Fossil Fuels? Wall Street Is Betting On Both | OilPrice.comClean Energy Or Fossil Fuels? Wall Street Is Betting On Both | OilPrice.comEnergy is back on Wall Street’s radar after a couple of bad years, and big banks are investing in both clean energy and hydrocarbons, with no signs of the trend changing any time soon
Read more »



Render Time: 2025-03-04 11:06:23