Energy John Kerry unveils US roadmap for nuclear fusion By Eva Levesque, Gavin Gibbon December 5, 2023, 5:33 PM Cop28/Mahmoud Khaled via Reuters The US special envoy John Kerry (centre), with United Nations chief António Guterres and the president of the UAE, Sheikh Mohamed bin Zayed ‘Critical piece of energy future’ US plan released in Dubai President’s climate envoy at Cop28 John Kerry, the US special envoy on climate, has unveiled his country’s roadmap for international collaboration on nuclear fusion. Speaking on the sidelines of the Cop28 summit on Tuesday, Kerry said he believed fusion could provide abundant clean energy without the harmful emissions of traditional sources. “Fusion can be a critical piece of the energy future, along with wind and solar, nuclear fission, geothermal and other forms of energy,” Kerry told the Atlantic Council’s Global Energy Forum in Dubai. “This crisis could not be clearer,” he said. “We are hearing from the best scientists in the world that they’re alarmed – some say terrified, others have all together said we are in uncharted territory.” In August this year, US scientists announced they had achieved net energy gain in a fusion reaction for the second time since December 2022. The Lawrence Livermore National Laboratory in California described the experiment as “a major scientific breakthrough decades in the making that will pave the way for advancements in national defence and the future of clean power”. Israeli startup hopes to take nuclear fusion mainstream UAE among nations vowing to treble nuclear capacity Cop28: Everything you need to know The US strategy unveiled on Tuesday identifies five areas that will help realise the promise of fusion technology. They are research and development; supply chain and marketplace; regulation; workforce; and education and engagement. “This is a call to action,” said Kerry. International co-operation is critical for fusion energy to reach its potential as an energy source, he added. If it does, it could lift more than 1 billion people out of energy poverty, according to Kerry. “New computational tools and new materials help us realise and harness the energy of the burning plasma. We are edging closer to a fusion-powered reality,” he said. Private investments in fusion companies worldwide have totalled $6 billion to date. Ernest Moniz, former US energy secretary and president and CEO of Energy Futures Initiative, a Washington think tank, said the technology could be a “game changer” in the energy transition. “There is a very high probability that certainly the conditions for sustained fusion will be demonstrated in the remainder of this decade,” he said. How does nuclear fusion work? Nuclear fusion is the merging of two atomic nuclei to create a single nucleus, which releases a huge amount of energy. The same process powers the sun – and scientists in the US and elsewhere use massive lasers to try to replicate it. Generating and harnessing the energy in a stable and reliable manner is the challenge, but the statistics suggest it’s worth the effort. Fusion can generate four times more energy per kilogram of fuel than nuclear fission and nearly 4 million times more than burning oil or coal, according to the International Atomic Energy Agency. Unlike nuclear fission, the atom-splitting technology used in nuclear power plants, fusion does not come with radioactive byproducts or the associated risks of leaks or accidents. The heavy hydrogen atoms used in fusion are readily available in the simple form of seawater – and the reactions create no carbon.
Energy Masdar gets contractors on board for $6bn energy project Abu Dhabi Future Energy Company (Masdar) has selected the suppliers and preferred contractors for the $6 billion renewable facility capable of providing energy at scale around the clock in the emirate. Bombay stock exchange-listed Larsen & Toubro and China state-owned PowerChina are the preferred engineering, procurement and construction (EPC) contractors. China-headquartered Jinko Solar and JA […] 11 hours ago
Real Estate ‘Safe’ Sharjah attracts Kuwaiti investors to $950m project The emirate of Sharjah has been praised as “safe and business-friendly” by a Kuwaiti developer who has formed a partnership to develop a AED3.5 billion ($950 million) housing project in its burgeoning local property market. Talal Al-Bahar, vice-chairman and CEO of Kuwait Real Estate Company (Aqarat), said that investors were attracted to Sharjah because of […] 2 days ago
Aviation Riyadh Air delays launch after Boeing setbacks Riyadh Air has been forced to push back its launch date to the third quarter of 2025 after delays to deliveries from Boeing. The new Saudi airline had been scheduled to begin flying early this year. It is a blow to Saudi Arabia’s tourism ambitions to attract 150 million visits a year. Riyadh Air was founded […] 2 days ago
Tech KKR signs a $5bn Gulf data centre deal in Dubai KKR, the American investment giant, and the data centre platform Gulf Data Hub (GDH), based in Dubai, have signed a strategic partnership to invest $5 billion in data centres serving the Gulf. A joint press release on Friday said that funds “affiliated with KKR” will also acquire a stake in GDH, although it did not […] 2 days ago