Helion

In an outrageously audacious move, Washington-based fusion power startup Helion has signed the world's first fusion power supply deal, promising to deliver Microsoft at least 50 megawatts of clean fusion power by 2028, or pay financial penalties. If you'll forgive the pun, there's been a palpable energy in the field of nuclear fusion over the last few years. It's driven by a fresh crop of companies breaking away from the lugubrious pace of massive inter-governmental projects like ITER, exploring new technologies, and…

Are we closer to the “Holy Grail” of clean energy? Silicon Valley wants you to believe. Warning! Microsoft Wants ChatGPT to Control Robots NextThis week, nuclear fusion startup Helion announced that it had inked a first-of-its-kind deal with Microsoft to provide 50 megawatts of power from a yet-to-be built power plant, all within the next five years. Unlike nuclear fission, the process that powers all the nuclear power plants existing today, nuclear fusion could create potentially unlimited energy. It’s a dream that…

Cat Clifford, CNBC climate tech and innovation reporter, at Helion Energy on October 20.Photo taken by Jessie Barton, communications for Helion Energy, with Cat Clifford's camera.On Thursday, October 20, I took a reporting trip to Everett, Wash., to visit Helion Energy, a fusion startup that has raised raised nearly $600 million from a slew of relatively well known Silicon Valley investors, including Peter Thiel and Sam Altman. It's got another $1.7 billion in commitments if it hits certain performance targets.Because…