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Tokamak Energy
Tokamak Energy is a fusion power research company based in the United Kingdom, established in 2009. The company employs over 200 people and holds over 50 families of patent applications. It has built several versions of tokamaks, in the form of spherical tokamaks, with the final aim of reaching commercial fusion power generation. One of the first was the copper-based ST-25; in 2015 this was upgraded with rare earth–barium–copper oxide (REBCO) high temperature superconductors (HTS) to the ST-25HTS. The most recent tokamak developed, the ST-40, reached 15 million degrees Celsius in 2018. Tokamak Energy is a spin-off of the Culham Centre for Fusion Energy based in Oxfordshire. As of April 2021, the company has raised over £117m from private investors including L&G Capital, Dr. Hans-Peter Wild, and David Harding, CEO of Winton Capital. The company aims for energy breakeven in 2025 with the ST-40's successor, the planned ST-F1, and for a commercial grid-connected reactor for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oxfordshire
Oxfordshire is a ceremonial and non-metropolitan county in the north west of South East England. It is a mainly rural county, with its largest settlement being the city of Oxford. The county is a centre of research and development, primarily due to the work of the University of Oxford and several notable science parks. These include the Harwell Science and Innovation Campus and Milton Park, both situated around the towns of Didcot and Abingdon-on-Thames. It is a landlocked county, bordered by six counties: Berkshire to the south, Buckinghamshire to the east, Wiltshire to the south west, Gloucestershire to the west, Warwickshire to the north west, and Northamptonshire to the north east. Oxfordshire is locally governed by Oxfordshire County Council, together with local councils of its five non-metropolitan districts: City of Oxford, Cherwell, South Oxfordshire, Vale of White Horse, and West Oxfordshire. Present-day Oxfordshire spanning the area south of the Thames was h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fusion Industry Association
The Fusion Industry Association is a US-registered non-profit independent trade association for the international nuclear fusion industry. It is headquartered in Washington, D.C. It was founded in 2018 to advocate for policies to accelerate the arrival of fusion power. Its executive director is Andrew Holland, Chief Operating Officer of the American Security Project. The Fusion Industry Association has 28 members and 35 affiliate members, including nuclear reactor designers, engineering firms, suppliers, academic institutions, and various professional services with business in the nuclear fusion industry such as research consultancies. The emergence of the Fusion Industry Association can be traced back to the 2013 publication of a white paper on fusion energy by the American Security Project. The Fusion Industry Association's stated advocacy objectives are to encourage private sector fusion companies' partnering with the public sector for applied fusion research, to increase fina ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DEMOnstration Power Station
DEMO refers to a proposed class of nuclear fusion experimental reactors that are intended to demonstrate the net production of electric power from nuclear fusion. Most of the ITER partners have plans for their own DEMO-class reactors. With the possible exception of the EU and Japan, there are no plans for international collaboration as there was with ITER. Plans for DEMO-class reactors are intended to build upon the ITER experimental nuclear fusion reactor. The most well-known and documented DEMO-class reactor design is that of the European Union (EU). The following parameters have been used as a baseline for design studies: the EU DEMO should produce at least 2000 megawatts (2 gigawatts) of fusion power on a continuous basis, and it should produce 25 times as much power as required for scientific breakeven, which does not include the power required to operate the reactor. The EU DEMO design of 2 to 4 gigawatts of thermal output will be on the scale of a modern electric power s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commonwealth Fusion Systems
Commonwealth Fusion Systems (CFS) is an American company founded in 2018 aiming to build a compact fusion power plant based on the ARC tokamak power plant concept. The company is based in Cambridge, Massachusetts, and is a spin-off of the Massachusetts Institute of Technology (MIT). CFS has participated in the United States Department of Energy’s INFUSE public-private knowledge innovation scheme, with several national labs and universities. History CFS was founded in 2018 as a spin-off from the MIT Plasma Science and Fusion Center. After initial funding of $50 million in 2018 from the Italian multinational Eni, CFS closed its series A round of venture capital funding in 2019 with a total of US$ 115 million in funding from Eni, Bill Gates's Breakthrough Energy Ventures, Vinod Khosla's Khosla Ventures, and others. CFS raised an additional US$ 84 million in series A2 funding from Singapore's Temasek, Norway's Equinor, and Devonshire Investors, as well as from previous investor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Fusion Engineering Test Reactor
The China Fusion Engineering Test Reactor (中国聚变工程实验堆, CFETR) is a proposed tokamak fusion reactor, which uses a magnetic field in order to confine plasma and generate energy. Presently, tokamak devices are leading candidates for the construction of a viable and practical thermonuclear fusion reactor. These reactors may be used to generate sustainable energy whilst ensuring a low environmental impact and a smaller carbon footprint than fossil fuel-based power plants. The CFETR utilises and intends to build upon pre-existing nuclear fusion research from the ITER program in order to address the gaps between ITER and the next generation thermonuclear plant and successor reactor class to ITER, the Demonstration Power Plant (DEMO). Presently, three domestic fusion test reactors are in operation in China. These include EAST in ASIPP at Hefei, HL-2A(M) at the Southwestern Institute of Physics (SWIP) at Chengdu and J-TEXT located at Huazhong University of Science ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spherical Tokamak For Energy Production
Spherical Tokamak for Energy Production (STEP) is a spherical tokamak fusion plant concept proposed by the United Kingdom Atomic Energy Authority and funded by UK government. The project is a proposed DEMO-class successor device to the ITER tokamak proof-of-concept of a fusion plant, the most advanced tokamak fusion reactor to date, which is scheduled to achieve a 'burning plasma' in 2035. STEP aims to produce net electricity from fusion on a timescale of 2040. Jacob Rees-Mogg, the UK Secretary of State for Business, Energy and Industrial Strategy, announced West Burton A power station in Nottinghamshire as its site on 3 October 2022 during the Conservative Party Conference. A coal-fired power station at the site ceased production a few days earlier. Plans In September 2019, the United Kingdom announced a planned £200-million (US$248-million) investment to produce a design for STEP. The funding covers the initial five year concept design phase, while the total capital costs are e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Kingdom Atomic Energy Authority
The United Kingdom Atomic Energy Authority is a UK government research organisation responsible for the development of fusion energy. It is an executive non-departmental public body of the Department for Business, Energy and Industrial Strategy (BEIS). The authority focuses on United Kingdom and European fusion energy research programmes at Culham in Oxfordshire, including the world's most powerful operating fusion device, the Joint European Torus (JET). The research aims to develop fusion power as a commercially viable, environmentally responsible energy source for the future. record59 megajoules of sustained fusion energy was demonstrated by scientists and engineers working on JET in December 2021. United Kingdom Atomic Energy Authority owns the Culham Science Centre and has a stake in the Harwell Campus, and is involved in the development of both sites as locations for science and innovation-based business. On its formation in 1954, the authority was responsible for the U ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Winton Group
Winton Group, Ltd (which includes Winton Capital Management) is a British investment management firm founded by David Harding. In the United States, Winton is registered with the Securities and Exchange Commission as an investment advisor and with the Commodity Futures Trading Commission as a CTA, and is authorised by the Financial Conduct Authority in the UK. The company trades on more than 100 global futures markets in a wide variety of asset classes and on global equity markets. The firm was launched with $1.6 million in 1997, reached a peak of $28.5 billion in assets under advisement, before dropping to 7.3 billion by late 2020. Winton Group has seven offices around the world: London, New York, Hong Kong, Tokyo, Shanghai, Sydney, and Abu Dhabi. History Early years In 1996, physicist and investment manager David Harding left Man AHL (formerly Adam, Harding and Lueck), a systematic managed futures fund and created Winton. Using Harding's middle name, the firm began trading in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hans-Peter Wild
Hans-Peter Wild (born 16 June 1941 in Heidelberg) is a German-born Swiss entrepreneur and lawyer. Wild is the owner and chairman of the fruit juice manufacturer Capri-Sun based in Zug. Until 2014, he was the majority shareholder in the company Wild Flavors, one of the leading manufacturers of natural flavours for the food industry. Hans-Peter Wild lives in Zug and is one of the richest people in Switzerland. Biography Hans-Peter Wild, the son of Rudolf Wild and Leonie Wild, was born in Heidelberg in 1941. He passed the first state examination as a lawyer in Heidelberg with distinction. He completed a degree in business studies in Mannheim, majoring in fiscal law and auditing, and an MBA. He spent two years studying at the Sorbonne in Paris and in Cambridge before completing a PhD entitled “The market-dominating company under French law” at the Faculty of Law at the University of Mannheim. After graduation, he worked for the Bremen family business Diersch & Schröder for four ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
LRG Capital Group
LRG Capital Group is a global investment, banking and advisory shop that focuses on public and private companies in the technology, life sciences, hospitality, real estate and entertainment sectors. The firm was founded by Lawrence R. Goldfarb, formerly a managing director in the mergers & acquisitions group at CS First Boston. LRG provides capital via private equity investments, commercial loans and structured debt financing, and advises clients on mergers and acquisitions, corporate finance advice and other strategic alternatives. Headquartered in San Francisco with offices in New York City and Miami, LRG Capital Group does relationship-focused guidance and financing. The company has five business units: *Corporate Advisory Services; *LRG Capital Funds; *LRG Hospitality Group; *LRG Cascade; *Commercial Ventures *Real Estate Ventures. LRG Capital Group is the investment manager for the LRG BayStar Capital III Investment Fund. Prior BayStar Capital Funds have collectively ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Culham Centre For Fusion Energy
The Culham Centre for Fusion Energy (CCFE) is the UK's national laboratory for fusion research. It is located at the Culham Science Centre, near Culham, Oxfordshire, and is the site of the Joint European Torus (JET), Mega Ampere Spherical Tokamak (MAST) and the now closed Small Tight Aspect Ratio Tokamak (START). Formerly known as UKAEA Culham, the laboratory was renamed in October 2009 as part of organisational changes at its parent body, the United Kingdom Atomic Energy Authority (UKAEA). Since 2016, the director has been Professor Ian Chapman (professor), Ian Chapman, and the centre has been engaged in work towards the final detailed design of ITER as well as preparatory work in support of DEMOnstration Power Station, DEMO. In 2014 it was announced the centre would house the new RACE (Remote Applications in Challenging Environments). Culham Science Centre The centre occupies the site of the former Royal Navy airfield RNAS Culham (HMS Hornbill), which was transferred to UKAE ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
