Mumgaard: Fusion capital requirements are an order of magnitude less than renewables
Bob Mumgaard · All-In Summit: Nuclear fusion and the potential for energy abundance · Sep 22, 2023 · at 24:43
Bob Mumgaard, CEO of Commonwealth Fusion Systems, discusses capital expenditure and long-term cost structures of fusion relative to renewable energy sources.
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“Because you're just building capital, and there's no operating cost, there's no fuel, and the capital you're building is an order of magnitude less stuff than, say, renewable.”
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