NuScale Power’s Post

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My home country of Ireland has a massive economic opportunity in front of it. By combining the presence of the BigTech hyperscalers in Ireland with the country's abundant wind resources, Ireland can practically turn wind into money. In 2023 data center used about 6.6 TWh of electricity or 21% of the Ireland's total. When running these data centers with zero-carbon energy this has got to be one of the most efficient ways to generate wealth for the country with the lightest carbon footprint. (Ireland has ~4.5GW of wind power capacity and plenty of room for more). However, the wind doesn't always blow and OVER HALF of Ireland's electricity in 2023 was generated by burning fossil fuels. With nuclear fission not a legal option for Ireland, the country needs to look to #fusion energy to provide the firm, always-on electricity that critical infrastructure (including data centers) requires.

Great to see CEA organisations working together as an industry to create these sustainability frameworks and also a reminder for those of us who supply them. As a substrate creator, I am very aware of the need for waste minimisation and biodegradability. Now, in America, they have created a standard framework so everyone is looking at the same data points. That includes: ● How much can we reduce what goes to landfill with circular options (recycling, biodegrading, composting, fertiliser mix)? ● How environmentally friendly are our inputs AND their packaging? This means they will be looking at peat being a carbon store and finding alternate options or sustainable peat sources. They will look at the carbon emissions of our substrates and compare them. It's a challenge but I feel lucky to be a startup coming in knowing this from the start, and not a larger company trying to change. Although I do think we could collaborate too. They will consider the plastic bags our substrate slabs come in: ● Could these be a recyclable hard plastic instead? ● If we don't have to soak for 24 hours, could it be paper? ● Can we paint the blocks with bio based paint like the wool pigment created here in NZ? Several of these suggestions were made to me at recent conferences and I think its time we start to discuss them. Or maybe I'm new and simply haven't heard yet - so I am open to feedback and ideas! #cea #sustainability #growingmedia

A really insightful piece from the Tony Blair Institute on Fusion and what the UK needs to work on in order to capitalise on its historic lead in fusion. To my mind the key message is understanding just how valuable the future fusion industry will be. This is not about which form of fusion technology is the best bet. It's recognising that there are multiple enabling technologies that will be massively valuable AND have applications outside fusion that can bring value, investment and jobs on a much nearer term timeline than fusion itself. UK companies have key IP in several areas and have the opportunity to own big parts of the world's future energy industry. That HAS to be worth mobilising political and economic resources to achieve.

We’re thrilled to share that Navid Samandari, Head of Ventures at The Footprint Firm, will be joining us as an honorary opening speaker at the Rethink Cities Innovation Award! 🚀 As the co-founder of groundbreaking nuclear energy company Seaborg Technologies, which is pioneering next-generation nuclear solutions, Navid is no stranger to the complexities of working with the public sector to grow and scale a company. His insights will be invaluable for any energy company looking to secure support for innovative projects and navigate the regulatory landscape effectively. In addition to his keynote address, we are excited to announce our collaboration with The Footprint Firm, a leader in sustainable investment and innovation. As part of our partnership, The Footprint Firm will be leading an exclusive roundtable discussion at the Rethink Cities Innovation Awards. We believe that strong partnerships with forward-thinking organisations like The Footprint Firm are key to accelerating the transition to greener, more resilient cities. Their expertise in supporting businesses to navigate the challenges of sustainability makes them an ideal partner for our journey toward a carbon-neutral future. By joining forces, we aim to empower startups and innovative companies to overcome obstacles, scale their solutions and make real progress toward decarbonising cities. Don’t miss this incredible opportunity to be part of the conversation and drive change. 👉 Get your ticket here: https://lnkd.in/ewm4anwa 👉 Apply for the award here: https://lnkd.in/d6G3RGjy 📅 See you in Sønderborg on November 18! #RethinkCities #CircularEconomy #PublicPrivatePartnerships #Sustainability #UrbanInnovation #NetZero

Happy Tuesday! Today's article is "An 'artificial sun' achieved a record-breaking fusion experiment, bringing us closer to clean, limitless energy" Read it here: https://lnkd.in/dBvX6Gwx

Incredibly exciting to see the progress Blykalla is making towards the first new SMR in Sweden, maybe even Europe! For us as impact investors, it’s obvious that we need nuclear power to produce cheap, green and safe baseload energy that can complement the rollout of renewables. This will be critical for Europe decarbonising industries, powering AI and data centers, and building energy safety.   That investors are now committing funding to take the first steps to build new nuclear facilities in Sweden would not be possible without the regulatory changes and support from the government over the past years. Political will makes a huge difference.

If the quoted total investment is anywhere near correct then this could be competitive. £300m for 80MWe is £3 billion for 800MWe which is very competitive. Let’s hope that they have got there numbers right and it doesn’t turn into another NuScale

Commonwealth Fusion Systems (CFS), a fusion power company founded in 2018 in Cambridge, Mass., unveiled plans to build the groundbreaking facility on a 100-acre site at James River Industrial Park in Chesterfield County. The only problem with this is that fusion power is decades away from becoming a reality, IMO. Building a standard fission plant would be cheaper, more reliable, and give scientists time to fully develop fusion technology.

"If SPARC works and provides the data that Commonwealth needs to build a full-scale power plant (scheduled for the early 2030s), that will probably be the end of ITER. And even if things do not go to plan for Commonwealth, it is not alone in trying for fusion with private money." The old joke about fusion is that it's always thirty years away. That timeline seems to be changing lately for the better though. In the long marathon that happens in getting any sort of deeptech to the commercially viable stage, there's a critical moment where the proverbial baton has to be handed off from the public sector to the private. That's now happening in fusion. That's a very good thing. Energy abundance is key to humanity's future, so here's hoping the many remaining hurdles (and let's be honest, there are still many) in fusion can be overcome sooner rather than later. https://lnkd.in/eQ6gRsRB