Inevitable
Ep 6: Bob Mumgaard, Co-Founder & CEO of Commonwealth Fusion Systems
May 30, 2019
Bob Mumgaard, Co-Founder & CEO of Commonwealth Fusion Systems, discusses the potential of fusion as a solution to climate change, the strategy for deploying fusion commercially, the history of fusion research including the ITER project, the importance of cost competitiveness in addressing climate change, and the timeline for commercial deployment of fusion systems after 2025.
45:17
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Quick takeaways
- Commonwealth Fusion Systems aims to achieve a fusion reaction that produces more power than it consumes by 2025, marking a significant milestone in making fusion energy a reality on Earth.
- Fusion technology offers a potentially transformative solution in the energy landscape, with the capacity to replace fossil fuel-based power plants and significantly reduce carbon emissions in various industries.
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Overview of Commonwealth Fusion Systems
Commonwealth Fusion Systems is a fusion company in Massachusetts that aims to be the first to make fusion energy a reality on Earth. Fusion is the process of combining light elements to make heavier ones, similar to the energy source that powers stars. The company is focused on developing high-field magnets that are crucial for creating fusion power plants. They aim to demonstrate the effectiveness of these magnets within the next two years.
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