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One of the world’s most pressing social and political goals is to drastically reduce the use of fossil fuels for environmental protection and planetary sustainability.
At the same time, driven by a growing and developing world population, global energy demand is expected to triple by 2050, exceeding a total primary capacity of 60 terawatts.
The ability to meet this enormous demand by renewables is limited. Intermittent sources like wind and solar need to be combined with storage technologies which are still far from being scalable enough to provide a backbone for the global energy system.
Even many of the more optimistic models that include large contributions from renewables fail to factor in the needed conversion of highly energy-intensive industries such as manufacturing, chemical and steel production to carbon-free power.
Fusion energy is the ideal energy source to meet the growing global demand for carbon-free, safe and reliable baseload energy 24/7 at competitive prices.
Without requiring large material transports and pipeline supply, fusion energy is the ideal energy source that can be placed in close proximity to metropolitan and industrial centers that need energy in large amounts.
The fusion process requires only small amounts of ubiquitous natural materials such as boron and water as fuel. The fusion facilities are small and safe.
High flexibility can be achieved: A fusion power plant using a laser-induced inertial fusion energy system can be set up for operation within a very short time. Its output can be adjusted from one to several gigawatts to meet prevailing demand.
The provision of flexible base and peak load energy in the commercial and industrial sectors could lead to new industrial growth, for example through the electrification of steel production and chemical processes, for sustainable mobility and to empower the rise of new technologies that have not even been invented yet.
The fusion energy yield far exceeds that of fossil fuels:
400 kilograms of natural pB11 fuel generates the equivalent energy of 2.4 billion kilograms of coal — without releasing 4.4 billion kilograms of harmful carbon emissions in the process.
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