Connect with us

Hi, what are you looking for?

TheFinanceMemories.comTheFinanceMemories.com

Tech News

Microsoft just made a huge, far-from-certain bet on nuclear fusion

One end of a cylindrical metal machine.
An end view of one of Helion’s prototypes. | Image: Helion

Microsoft just signed a jaw-dropping agreement to purchase electricity from a nuclear fusion generator. Nuclear fusion, often called the Holy Grail of energy, is a potentially limitless source of clean energy that scientists have been chasing for the better part of a century.

A company called Helion Energy thinks it can deliver that Holy Grail to Microsoft by 2028. It announced a power purchase agreement with Microsoft this morning that would see it plug in the world’s first commercial fusion generator to a power grid in Washington. The goal is to generate at least 50 megawatts of power — a small but significant amount and more than the 42MW that the US’s first two offshore wind farms have the capacity to generate today.

Continue reading…

You May Also Like

Editor's Pick

David Boaz A new study by the Indian newspaper The Print, based on data from The Economist Intelligence Unit’s Democracy Index 2022, finds that...

Editor's Pick

Marc Joffe Federal, state, and local governments are being called upon to support struggling transit agencies to meet climate change goals. But spending money...

Politics

President Joe Biden on Tuesday falsely claimed it’s illegal to own a flamethrower while delivering remarks on jobs and the economy, which veered into weapons...

Editor's Pick

Ilya Somin and Isaiah McKinney Richard Devillier and his family owned property abutting a highway in northern Texas, alongside other property owners. Texas built a dam...