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Critical Technologies and Projects

Breakthrough Energy Generation Methods

Nuclear Fusion

ITER Project (International)
  • Type: Tokamak-based fusion reactor
  • Goal: Produce 500 MW of fusion power from 50 MW input
  • Status: Under construction, first plasma expected by 2025
  • ITER Website
National Ignition Facility (NIF) (USA)
  • Type: Inertial confinement fusion
  • Achievement: First fusion ignition (2022)
  • Future Goals: Scaling up for practical energy production
  • NIF Website

Advanced Solar Technologies

Perovskite Solar Cells
  • Potential: Higher efficiency and lower production costs than silicon
  • Key Player: Oxford PV (commercializing perovskite-silicon tandem cells)
  • Oxford PV Website
Space-Based Solar Power

Advanced Nuclear Fission

Small Modular Reactors (SMRs)
  • Advantages: Scalable, potentially safer, and more flexible than traditional reactors
  • Key Player: NuScale Power (first SMR design approved by US NRC)
  • NuScale Power Website

Advanced Energy Storage Solutions

Grid-Scale Storage

Flow Batteries
  • Advantage: Long-duration storage, easily scalable
  • Key Player: ESS Inc. (iron flow batteries)
  • ESS Inc. Website
Cryogenic Energy Storage
  • Concept: Storing energy by liquefying air
  • Key Player: Highview Power (CRYOBattery™ technology)
  • Highview Power Website

Hydrogen Energy Storage

Green Hydrogen Production
  • Process: Electrolysis powered by renewable energy
  • Key Project: HyDeal Ambition (producing green H2 at €1.5/kg by 2030)
  • HyDeal Ambition Info
Hydrogen Storage and Transport
  • Innovation: Liquid Organic Hydrogen Carriers (LOHC)
  • Key Player: Hydrogenious LOHC Technologies
  • Hydrogenious Website

Global Energy Grid Initiatives

Superconducting Power Lines

CIGRE Best Paths Project (Europe)
  • Goal: Demonstrate various novel network technologies
  • Focus: Integrating renewable energy into the European energy mix
  • Best Paths Project Info

Global Energy Interconnection

Global Energy Interconnection Development and Cooperation Organization (GEIDCO)
  • Vision: Worldwide energy distribution network
  • Goal: Connect continents with ultra-high voltage power lines
  • GEIDCO Website

Advanced Renewable Energy Projects

Floating Offshore Wind

Hywind Scotland

Tidal Energy

MeyGen Project (Scotland)

Carbon Capture and Utilization

Direct Air Capture (DAC)

Orca Plant (Iceland)
  • Type: World’s largest direct air capture and storage plant
  • Capacity: 4,000 tons of CO2 per year
  • Operator: Climeworks
  • Orca Project Info

Carbon Capture and Utilization (CCU)

CarbFix Project (Iceland)
  • Process: Capturing CO2 and mineralizing it in basaltic rocks
  • Achievement: 95% of CO2 injected underground turned to stone within 2 years
  • CarbFix Website

Next-Generation Nuclear

Molten Salt Reactors

Terrestrial Energy’s Integral Molten Salt Reactor
  • Type: Generation IV nuclear reactor
  • Advantages: Inherent safety, reduced waste, potential for high-temperature industrial applications
  • Terrestrial Energy Website

Fusion-Fission Hybrid Reactors

China’s Z-pinch fusion-fission hybrid reactor
  • Concept: Using fusion neutrons to drive fission in a subcritical reactor
  • Potential: More efficient use of nuclear fuel, reduced waste