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Lockheed Claims Breakthrough on Fusion Energy

Yeah yeah, it's all great. I'll believe it when any of these technologies is actually on the market. For decades they've promised and wrote about the next breakthrough in energy. Good luck with all this.
 
As they say follow the money.

There are numerous competing interests inside this topic, its a highly complex dynamic and how it plays out is anyone guess at this stage

To switch the World economy to fusion based energy supply, we need a few thousands of power plants about 3 times the size of a nuclear power plant or the Hoover Dam . What makes this job difficult is that a realistic magnet technology needs to evolve on this large scale. In addition the control technology needs to be developed.

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But thats big power stations transmitting the power the way we do now.

If we get units installed in the home, whole industrys get wiped out. Coal mining. copper mining. cable and poles, the list goes on.

Lets say that Ecat perfect an inhome device. They start a manufactoring plant here in australia and start selling them creating 5,000 jobs.

But in doing so they put 50,000 workers in the old coal fired/ copper wire transmitted model out of a job........

That would be problematic
 
Directly above my head are twelve big solar panels, which provide all our power. We don't have batteries, but pay a small fee to the power company for being hooked to the grid, and we have net metering. The grid is our battery, basically. It works great! We actually sell a little bit of power to the utility in the course of a year. Over 20 years, using the power company's own rate projections, we stand to save a lot of money. Right now it's breaking even, compared to what we would be paying to the power company. There are all sorts of ways of doing things. Some are more economically feasible at one time, not at others for a variety of reasons. As making electricity by any conventional meas gets more and more expensive, new ways of making it will appear, and new ways of integrating it into the existing infrastructure will be developed along side the new generating technologies.

One thing that doesn't get mentioned much by anyone is that in the US, the privatization and deregulation of electric utilities has caused a steep decline in the construction of conventional power plants. They take something like 30 or 40 years to pay off, and the quarterly profit driven private sector isn't wanting any of that! If we want to keep the grid alive, and we must, then we need all the sources of power generation we can get. Whatever shape or size it comes in. The demand is going nowhere but up.
 
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