A Faster Way to Fusion Our Mission
“To deliver to mankind a cheap, safe, secure and practically limitless source of clean energy – fusion power”
“a sustainable oil well” The Challenge
• Traditional view for fusion power & tokamaks is that bigger is better (ITER) • Huge investment and timescales to progress • Spherical Tokamaks are much more efficient than traditional ‘doughnut’ shape tokamaks. • This allows for smaller more compact designs • But: there are space constraints at the centre of spherical tokamaks • conventional (copper / low temperature superconducting) magnets cannot create conditions required to produce fusion energy The Tokamak Energy Solution
Spherical Tokamaks High Temperature Squashed shape Superconductors Highly efficient High current at high field
Fusion Power smaller, cheaper, faster Our approach
• Rapid development of:
• Working prototype devices • Know-how & Patents • A path to energy break even supported by experimental data • Supportive sources of capital • A plan to rapidly deliver a sustainable source of energy to replace fossil fuels
CONFIDENTIAL Endorsements
• Selected by the International Energy Agency “as one of three most promising innovative fusion concepts” 2017 • Recognised as a Technology Pioneer 2015 by the Davos World Economic Forum • Our peer-reviewed article “On the power and size of tokamak fusion pilot plants and reactors” is the most downloaded paper ever from the Nuclear Fusion journal • Collaborations with MIT whose ARC Reactor combines HTS magnets and tokamak reactors MIT’s “ARC” Fusion • Jointly authored paper with Princeton Plasma Physics Laboratory: Power Plant concept “Fusion nuclear science facilities and pilot plants based on the spherical tokamak” • Director of Princeton Plasma Physics Laboratory gave evidence to Congress in April 2016 and selected spherical tokamaks with HTS magnets as the most promising route to fusion power PPPL / Tokamak Energy ST concept The Tokamak
• Magnetic Confinement Fusion uses strong magnetic fields to hold an extremely hot fuel mixture known as a plasma • The Tokamak is by far the most established device for controlled fusion • Over 200 devices have been operated • More than £30Billion invested to develop a robust scientific understanding • Tokamaks have already produced 16MW of fusion power and have been close to a major breakthrough – energy breakeven • where more power is produced in fusion reactions than is required to sustain the plasma • Only spherical tokamaks can be self-sustaining for plasma current and plasma heating • The compressed plasma geometry of the spherical tokamak allows high performance in a compact device Our People
• A world class team of over 40 full time scientists and engineers with expertise in the field of fusion and high temperature superconducting magnets
• Dr David Kingham, Chief Executive Officer • PhD Theoretical Physics • Ex-MD Oxford Innovation • VG Instruments
• Dr Mikhail Gryaznevich, Chief Scientist • PhD Fusion Physics • World-leading expert in small tokamaks • Ex - Culham Centre for Fusion Energy
• Paul Noonan, R&D Director • Ex Technical Architect – Agilent Technologies • Ex Chief Engineer – Oxford Instruments • 30 years’ experience in superconducting and cryogenic technology Scientific Advisory Board
• Lord Hunt of Chesterton, FRS • Leader in Applied Mathematics of turbulence; House of Lords Science and Technology committee
• Professor George Smith, FRS • Leader in Materials Science of Nuclear Reactors
• Professor Jack Connor, FRS • Leader in theoretical plasma physics
• Professor Colin Windsor, FRS • Leader in neutronics
• Professor Bill Lee, FREng • Director of Centre for Nuclear Engineering, Imperial College Leading Consultants & Collaborators
Consultants Collaborators • Dr Melanie Windridge
• Dr Paul Thomas
• Dr David Hawksworth
• Professor Valery Chuyanov
• Dr Alan Costley
• Professor Jan Hugill
• Dr Guy Morgan
• Dr Martin Wilson
• Dr Elwyn Baynham Competitive Landscape
In the last decade privately low physics funded companies have risk emerged Prompted by a lack of progress in mainstream publicly funded fusion and the recognition that fusion needs to happen sooner $500M – 1Bn of investment Slow, big fast, small, Capital intensive Low capital Competition pursuing high risk, low technology readiness, designs that require scientific validation The Tokamak Energy approach is alone in having established theoretical and high physics experimental foundation risk
CONFIDENTIAL ‘Compact Fusion’ concepts
Lockheed Martin ‘skunkworks’ General Fusion
Helion
All deviate significantly from the well characterized tokamak route
Tri-alpha All have very low nT τ at present HIT SI3 (Jarboe, UW) Fusion
2H 4He + 3.5MeV
3H n + 14.1MeV Lawson criterion
Balance cooling against reaction rate for self sustaining equilibrium e.g. 5x10 21 m-3 s keV at 150x10 6 K Magnetic confinement
Larmor radius