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January 31, 2024
It was a pleasure to host California’s Lt. Gov. Eleni Kounalakis at our Foothill Ranch HQ this week! We had the opportunity to share our progress, provide a tour of our fifth-generation fusion device, and give the Lt. Gov. a sneak peek into the breakthrough technologies for the grid and electric vehicles that we’re building with our TAE Power Solutions team.
For a Clean Energy Future, Our Relationship to the Grid Must Change
Our current domestic electrical grids are woefully inept to integrate necessary renewable energy sources. The answer to solving this problem lies within a new approach to energy use: one that focuses on optimizing the way customers and their technologies interact with the grid.
Why TAE is Pursuing Hydrogen-Boron Fusion
Reporting on challenges with tritium fuel for fusion, Science notes TAE Technologies has “decided to simply forgo tritium” to “use plain hydrogen and boron.” TAE’s hydrogen-boron fusion will “require higher temperatures than [deuterium-tritium], but the [company thinks] that’s a price worth paying to avoid tritium hassles” and produce the cleanest, safest fusion reaction.
Working on nuclear fusion is a ‘moral obligation’ for this CEO
Michl Binderbauer has made an audacious promise. Within the next decade, his company, TAE Technologies, will create a nuclear fusion reactor that delivers energy to the power grid.
“It’s not false confidence,” said Binderbauer, the CEO of TAE. “The building blocks we need — they’re coming.”
The promise of fusion
Google-backed TAE Technologies, which has raised $880m (£650m), predicts its reactors will be commercialized within ten years. In experiments, the company has already reached more than 50 million degrees Celsius, and a new prototype will operate at more than 100 million degrees Celsius. “Our livelihoods depend on delivering – or we’re gone,” says Michl Binderbauer, chief executive of TAE Technologies, which has operated since 1998.
Fusion race kicked into high gear by smart tech
A US company is speeding up the path to practical fusion energy by using Google’s vast computing power. By applying software that can improve on its own, TAE Technologies has cut down tasks that once took two months to just a few hours. Google has lent the firm its expertise in “machine learning” in order to help accelerate the timeline for fusion. “I want to deliver fusion first, but anyone who does it is a hero,” TAE’s chief executive Dr Michl Binderbauer told BBC News.
Former US Energy Secretary Ernest Moniz Joins Board of Directors for Fusion Energy Leader TAE Technologies
Moniz to bring decades of experience in energy technology and policy to strengthen company’s unique approach to clean fusion energy.
TAE Technologies Appoints CTO Michl Binderbauer as Company President
Binderbauer Expands Role as it Speeds to Complete R&D and Commercialize Fusion Energy Technology