Fusion Energy: How Close is Close? 🌎 SOSV CLIMATE TECH SUMMIT 2024

Nuclear fusion’s promise of limitless power is the holy grail of the energy sector, but containing the nuclear reactions that power the sun is one of mankind’s greatest technical challenges. So how close are we? Commonwealth Fusion Systems, an MIT spinout, has raised $2 billion and built the novel REBCO magnets required to contain super-heated fusion reactions in its Tokamak “donut” reactor. Commonwealth has projected that its plant under construction in Massachusetts will be on the grid in the next decade. Investment in fusion grew 7.5% year-on-year to reach $4.3 billion since 2020, according to Sightline Climate. How much more will it take?
In this panel, Brandon Sorbom (Co-founder & CSO, Commonwealth Fusion Systems) speaks with moderator Alison Snyder (Managing Editor, Axios).
This video was part of the 2024 SOSV Climate Tech Summit, a production of SOSV, a multi-stage venture capital firm specializing in human and planetary health and “The First Check in Deep Tech.”
See the full Summit agenda and links to all the sessions here:
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