A new 20 Tesla Superconducting magnet reduces the cost per watt of a fusion reactor by a factor of almost 40. MIT worked with Commonwealth Fusion Systems, a startup with over $2 billion in funding. The funders of CFS include Temasek Holdings (Singpore), the U.S. Department of Energy, Tiger Global Management, Bill Gates, Google and Breakthrough Energy Ventures.
Commercial nuclear fusion now has a chance of being economical.
In the last few years, a newer material nicknamed REBCO, for rare-earth barium copper oxide, was added to fusion magnets, and allows them to operate at 20 kelvins, a temperature that despite being only 16 kelvins warmer, brings significant advantages in terms of material properties and practical engineering. READ MORE...