On August 24th, American Security Project Chief Operating Officer Andrew Holland was quoted in an E&E News piece by John Fialka. The piece focuses on recent developments in fusion energy and surging support from private companies.
Fusion development to date, has been largely in the hands of an international coalition, funding and building the International Thermonuclear Experimental Reactor (ITER), a massive tokamak reactor in France. However, this reactor is not scheduled to be tested until 2035. Hollands states that the “future of fusion will be developed by private companies,” because they can take larger risks and attract more investors.
One such company is TAE Technologies – a California-based company and the oldest of the private companies studying fusion technologies. They are designing a fusion reactor to be tested and ready within the next decade, a timeline faster than ITER.
Read the full article from E&E News here.
Andrew Holland serves as the executive director of the Fusion Industry Association. Learn more about the association’s work here.