More shysters enter the fray …
https://www.yahoo.com/now/european-gaus ... 00122.html
THE EUROPEAN GAUSS FUSION INITIATIVE SEEKS TO USE MAGNETIC FUSION TO ENSURE A CLEAN AND SAFE ENERGY SUPPLY
Gauss Fusion GmbH is a greentech venture founded in 2022 by various European companies from Germany, France, Italy and Spain with extensive experience in fusion technology. In February 2023, Gauss Fusion completed a founders’ pre-seed financing round with €8 million in initial capital, marking a first milestone on the way to a clean and secure energy source to complement renewable energies.
The Gauss Fusion Initiative has set itself the goal of bringing the first European GW-class (electric) fusion power plant (Gauss GIGA fusion power plant) online by 2045.
This is nonsense. Claiming to bring a GIGAWATT fusion power plant on line by 2045, when the concept of a tokamak isn't even close to be proven and when that’s more than twice the wattage that anyone else is promising even later in time is a joke.
Developing clean and safe energy sources for a modern “net-zero” society is a key challenge of our time.
Blah blah blah … repeat the lie justifying this whole boondoggle.
The entirety of the energy supply cannot be covered by renewable energies alone, not least because of the space requirements and the natural fluctuations in the generation of solar and wind energy.
To suggest that renewables (wind and solar) will provide more than a fraction of our current energy needs is utter nonsense considering that all renewables together currently provide only a quarter of global energy generation. And the only reason the percentage is that high is that governments are ignoring the extra costs now being passed onto consumers or actively helping to mitigate those consumer costs with subsidies that end up as a tax on their citizens. The idea that they can eliminate fuels in the next 27 years is delusion of the first order. Or it's a knowing lie to see their agenda.
Under its motto of “Fusion with Integrity”, Gauss Fusion is pursuing the ambitious but realistic goal of providing green energy through magnetic fusion – without raising any false expectations.
“Fusion with Integrity”? LOL! They think they aren't raising false expectations with a promise to have gigawatt plants pumping energy into the grid by 2045? LOL! Who do these jokers think they’re fooling? .
Dr. Frank Laukien, co-founder and Chairman of the Advisory Board of Gauss Fusion GmbH, is all too aware of this: “To develop a European magnetic fusion power plant – and not just a pilot or demonstration plant – by 2045 is an ambitious but realistic goal”
LIAR. It’s not at all realistic.
that we can achieve not only thanks to our advanced technology, but also through our public-private partnership approach. We expect synergies to emerge from our industrial organizational structure and the cooperation with excellent scientists and institutes with substantial experience in magnetic fusion and plasma physics.”
Blah blah blah. Those are words without any substance. They are marketing tripe.
Frédérick Bordry, former Director of Accelerators and Technology and Honorary Member of CERN, adds: “Fusion on the Sun has been taking place for more than 4.5 billion years and is essential for life on earth. Reproducing it and controlling it in power plants would give us access to an important and sustainable source of decarbonized energy.”
"Reproducing it"? More nonsense. A tokamak clearly does NOT reproduce what happens in the sun. These people are shysters of the first order, set on one goal … to take the public and investors for all they are worth. Nice houses and lifestyles are their real goal.
“Ever since scientists in the US made an historic breakthrough in fusion in mid-December last year, when more energy was produced than consumed for the first time ever by fusing hydrogen isotopes, fusion has become the focus of political attention as a clean and safe source of energy. “
First, the US experiment had NOTHING to do with the tokamaks proposed by these characters. Second NIF's experiment did no produce more than the power that was consumed by the experiment. Not even close. This is just garbage to sell clueless investors so they’ll provide money that will make the shysters wealthy.
Frank Laukien: “I’m pleased that many political decision-makers in Germany, in other European countries, and the EU have recognized the opportunities offered by fusion energy, as we can see from the recent joint statement by Federal Chancellor Olaf Scholz and French President Emmanuel Macron, made on the occasion of the 60th anniversary of the signing of the Élysée Treaty.”
Oh … so this has something to do with friendship between France and Germany? LOL!
Of course, modern day shysters have to have to have a fancy website. It’s required …
Mind you, they are a little late to the game. Which make the notion that they'll be first to reach the finish even more ludicrous.
And what’s really concerning is they claim that they’ll move at “venture speed”. I see a lot of money going down the drain.