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AZJonnie

(3,092 posts)
2. "TAE is an energy company poised to supply power"
Thu Dec 18, 2025, 01:45 PM
Dec 18

Via nuclear FUSION?!?

Nobody in the nascent and still theoretical fusion business is anywhere near "poised" to provide energy for shit.

Not one test has ever even come close to a net system EROEI greater than 0. I'm not saying it cannot happen, someday, somehow. But using "poised" to describe the situation is bullshit.

Also these TAE people should realize that ETTD, and his "helping them through the red tape and regulations" is a recipe for your facility eventually going up in a fire ball and causing the deaths of a bunch of people working there at the time.

Here's some interesting info on TAE:

TAE was founded in 1998 and has raised on the order of 1.2–1.3 billion dollars in private capital across many rounds; recent releases say 11 prior fundraises plus the newest one.​

Named investors include Google/Alphabet, Chevron, New Enterprise Associates (NEA), Venrock (Rockefeller venture arm), Charles Schwab, Kuwait Investment Authority, Paul Allen’s Vulcan Inc., and Russia’s Rusnano, whose CEO Anatoly Chubais joined the board after investing in 2012.


Neat, so Russia will probably benefit from any US technological break-thru on fusion.

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