Nuclear fusion is coming, says noted VC

Lithium

Nuclear fusion will move from the lab to reality in a few years, a noted venture capitalist says.

A Canadian company believes they can build small fusion reactors that will produce power at 4 cents a kilowatt, about the same as coal. Fusion reactors do not have the dangers that current fission reactors have.

Lithium, a fairly inexpensive and plentiful metal, gets converted to helium in a reaction that generates lots of power and leaves only a harmless gas as a byproduct.

This is yet another example of how R&D into cleantech may reap huge rewards. I have little doubt that clean energy, maybe produced in numerous ways, will be cost-competitive with coal in the near future. And that will change everything.