Microsoft to buy power from nuclear fusion company Helion

WASHINGTON : Private U.S. nuclear fusion company Helion Energy will provide Microsoft with electricity in about five years, the companies said on Wednesday, in the first such deal for the power source that fuels the sun but has been elusive on Earth.

Helion's plant is expected to be online by 2028 and will target power generation of 50 megawatts or greater after a one-year ramp up period, it said. One megawatt can supply up to about 1,000 U.S. homes on a typical day. While many fusion companies are looking to tritium, a rare hydrogen isotope, to help fuel reactions, Helion plans to use Helium 3, a rare type of the gas used in quantum computing.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Family offices in Singapore have virtually no impact on private housing market: Alvin TanSINGAPORE – Singapore-based family offices, which manage investments for ultra-rich individuals, have not bought a single residential property here in the past six years, said Minister of State for Trade and Industry Alvin Tan. Hence, family offices have had virtually no impact on the Republic’s private housing market, he told Parliament on Wednesday. “There was no residential property transaction attributable...
Source: asiaonecom - 🏆 10. / 59 Read more »