6th December 2023 – Today U.S. special climate envoy John Kerry launched an international engagement plan to boost nuclear fusion, saying the emissions-free technology could become a vital tool in the fight against climate change. Mr Kerry’s plan follows a White House press release from at the weekend about building international partnerships in a new era of fusion development.
TAE Technologies the world’s largest private fusion energy company, is expressing its support for the plans. As the world leader in hydrogen-boron fusion research, TAE’s non-radioactive approach represents the fastest, most practical, and economically competitive solution to bring abundant carbon-free energy to the grid.
TAE Technologies CEO Michl Binderbauer said:
“Today, TAE Technologies is celebrating the White House and the Special Presidential Envoy for Climate’s support for fusion energy as a new clean energy source of the near future.
As the first private fusion company, TAE represents a significant portion of the industry’s investment and is proud to be a leader in fusion’s promise of inexhaustible carbon-free energy. Thanks to our company’s unique approach using the safest and most sustainable fuel, hydrogen-boron, on the order of just 1% of today’s current boron production could power enough fusion energy to meet the world’s electricity needs. Deployed at scale, this would allow everyone access to affordable, reliable power without damaging the environment or contributing to geopolitical conflict.
We’ve intentionally pursued international partnership in our development of this approach, including our work with Japan’s National Institute for Fusion Science, with whom we reached a scientific breakthrough on hydrogen-boron in magnetic confinement earlier this year.
Building upon the recent success of landmark bills passed in both North Carolina and TAE’s home state of California to enshrine fusion power into the states’ regulatory framework, this announcement signals continued momentum and global collaboration for onboarding fusion as a viable and necessary part of our global energy mix.”
