FortisBC Inc. joins General Fusion's Market Development Advisory Committee to examine potential for fusion energy deployment

B.C. utility will advise General Fusion as it prepares to deploy practical commercial fusion technology to power a lower carbon energy future “We believe that fusion will be part of the energy solution and are committed to working with energy providers to develop a practical and economical power plant that is cost-competitive,” said Greg Twinney, CEO, General Fusion. “We're excited to work with FortisBC to advance the design of our commercial machine and explore the future deployment of our...

RICHMOND, 05/11/2024 (informazione.it - comunicati stampa - economia)

“We believe that fusion will be part of the energy solution and are committed to working with energy providers to develop a practical and economical power plant that is cost-competitive,” said Greg Twinney, CEO, General Fusion. “We're excited to work with FortisBC to advance the design of our commercial machine and explore the future deployment of our clean energy technology developed over the past two decades here in B.C.”

“At FortisBC, we actively evaluate new technology that has the potential to provide lower-carbon energy options for our customers and reduce overall emissions,” said Dawn Mehrer, vice-president of corporate services and technology at FortisBC. “We are excited to work with General Fusion to support the development of an innovative energy solution that could one day play a role in B.C.'s energy transition.”

When commercialized, a single General Fusion power plant will be designed to provide zero-carbon power to approximately 150,000 Canadian homes, with the ability to be placed close to energy demand, minimizing the need for long transmission lines or pipelines and at a cost competitive with other energy sources. The company's approach is ideal for repowering existing power generation sites and industrial steam heat use. In its current design, a General Fusion power plant will produce about 300 MWe from two 150 MW machines running in tandem.

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About General Fusion

General Fusion is pursuing a fast and practical approach to commercial fusion energy and is headquartered in Richmond, Canada. The company was established in 2002 and is funded by a global syndicate of leading energy venture capital firms, industry leaders, and technology pioneers. Learn more at www.generalfusion.com .

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