this post was submitted on 01 Nov 2023
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Kagi Universal Summarizer of the article:
Seattle is emerging as a major hub for fusion energy research and development, with five major companies working on fusion projects in the region.
Fusion energy promises unlimited, zero-emissions energy without radioactive waste but researchers have yet to achieve self-sustaining fusion.
Mastering fusion could create a $40 trillion global market and is attracting billions from investors like Gates, Bezos and Altman.
Helion Energy plans to build a 500 MW fusion power plant by 2030 and sell electricity from fusion to Microsoft by 2028.
Zap Energy received $5 million from the DOE to develop fusion technologies.
Avalanche Energy achieved a record in its micro-fusion reactor and raised $40 million.
ExoFusion and Kyoto Fusioneering are also working on important aspects of fusion in the Seattle area.
Universities and national labs in the region contribute to its strength in fusion research.
The goal of fusion research is to replicate the power of the sun on Earth.
While progress is being made, some remain skeptical of timelines and worry funds could be better spent on proven renewables currently.