Microsoft bets Helion Energy's fusion power plant will be live by 2028

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Microsoft bets Helion Energy's fusion power plant will be live by 2028
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Microsoft bets that a fusion power plant from Helion Energy will be operating this decade. Presented by Deloitte ad

David Kirtley, the founder and CEO of Helion, told Insider that he's confident in the startup's 2028 target for several reasons. All six of Helion's fusion prototypes have set records for their energy output and the temperature at which they operate,— an ideal threshold for a power plant. The seventh prototype, expected be completed this year, is set to be the first to convert fusion energy into electricity, Kirtley said.

"One analogy I use is regenerative braking in electric cars," he added."When you hit the gas, it takes energy from the battery and puts it into the motor. When you hit the brakes, that energy returns to the battery. That's what we do for fusion. We have energy in storage, we put it into the fusion reaction, and then we extract that back out directly.

"That means we should be able to build fusion systems much quicker, operate them safely — and at a lower cost," Kirtley said. Kirtley said that's why the deal with Microsoft and the transmission operator Constellation was so important. Constellation is experienced at building power plants quickly, and Microsoft is one of the largest corporate purchasers of renewable energy. The tech giant aims for 100% of its electricity consumption by 2030 to be matched by zero-carbon purchases.

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