The world is on the brink of a major breakthrough with nuclear fusion energy, which once harnessed, could provide a limitless source of power. While scientists have so far been unable to harness this power for long periods of time, this technology could be the key to helping the world phase out fossil fuel resources like oil and gas, as the world moves towards clean, renewable energy. However, experts have noted that this resource could be attainable very soon, particularly as private companies, rather than just governments, funnel billions into projects. According to a survey from the Fusion Industry Association, private equity investment in the global fusion industry has more than doubled in the past year – from $2.1billion (£1.7billion) in 2021 to $4.7billion (£3.9billion) in 2022. It is clear many scientists, engineers, and now governments and private investors (and even fashion designers) have decided fusion energy is a solution worth pursuing, not a pipe dream. Right now, it’s the best shot we’ve yet had to make fusion power a viable reality.” In August 2021, the Livermore laboratory announced the results of a reaction which released 1.3 megajoules of energy, about five times the 250 kilojoules that were absorbed by the capsule.
The reaction is produced by bombarding a minute blob of plasma with light from 192 lasers at the laboratory’s $3.5 billion National Ignition Facility, which was initially created to test nuclear weapons by simulating explosions.

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