Focus Fusion: Transformative Energy Technology
Lawrenceville Plasma Physics, Inc. Derek Shannon |
[email protected] | http://LPPhysics.com
Focus Fusion: Transformative Energy Technology
Lawrenceville Plasma Physics, Inc. Derek Shannon|
[email protected] | http://LPPhysics.com
Investor Highlights Market: Baseload electric generation
•
–
Best results with most capital efficient tech
•
–
<$2M, this year, straightforward engineering
–
Proven team –
• •
50+ years biz/tech experience, with unique expertise
US/Oz patent issued, worldwide pending Strong shareholder’s agreement, traction –
•
$2M+ into facility opened 2009, record fusion yields
Closest to game-changing breakthrough
• •
Valuable spin-offs in NDI, medical isotopes
40 private investors, with Abell Foundation
Exit: IPO or buy back upon commercialization
Competition illustrates key advantages for LPP
TriAlpha, Polywell, LPP Nat’l Ignition Facility, Iter, General Fusion B&W mPower, NuScale, Terrapower, Areva
Aneutronic fusion D-T fusion Fission
Aneutronic: No neutrons → No $$$ turbines
• Direct conversion to electricity • Large reduction in costs • Abundant fuel: – Hydrogen and Boron
Safe, nothing to run away NO radioactive waste Worth a try, goshdarnit!
What is Focus Fusion? Controlled Nuclear Fusion using Dense Plasma Focus + Hydrogen-Boron (Aneutronic) Fuel
But is Focus Fusion HOT?
Yes,
A patented, low-cost approach…
…backed by peer-reviewed research
This beam means business
Meet Focus Fusion – 1 • 12 capacitor bank • Stored energy – 115 kJ
• Capacitor potential – 45 kV
• Goal peak current >2 MA • Pressure <5% atmosphere • Key Features: – Small electrodes for mega-amp DPF
– 5 cm cathode, 2.8 cm anode
– Axial field coil
10
Innovation on the shoulders of giants • 2009: LPP Focus Fusion-1 • Rich body of DPF lab begins experiments scientific literature since invention in ‘60’s • Testing our key innovations to • Dozens of research demonstrate scientific groups worldwide feasibility of focus fusion – X-ray/neutron applications – US teams at KSU, NSTec
Optimal angular momentum QMF to reduce Xrays
Accurate DPF model
Efficient beam capture Efficient X-ray capture
Innovation at the heart of
FoFu-1
Anode
Cathode AFC coil
• •
•
Time of flight neutron/X-ray detectors Time of flight ion beam detectors (Rogowski coils) Silver activation detector Bubble detectors
Drift tube
12
Goal product: 5 MW Focus Fusion generator Lower projected cost than any other energy tech $60/kW, .2 cents/kW-hr
The Product 5 MW Generator • • • •
Clean Inexpensive Safe Compact
Pulsed power
makes it possible
• Inherent safety • Brief confinement
US Patent #7,482,607 (2009)
Method and apparatus for producing x-rays, ion beams and nuclear fusion energy
Record relative fusion yields
January 2011
Focus Fusion ready to extend lead Dinosaurs ready for disruption!
NIF - lasers
ITER - tokamak
30 years, $30 billion, not designed to produce power
LPP leads the clean fusion race $8M Bussard polywell
LPP! w/<$1M machine Princeton Tokamak
Competition $100M+ Paul Allen/Tri-Alpha
Goal conditions for energy breakthrough!
ICOPS 2011: LPP’s FoFu-1 leads NIF
The challenges: Two down, one to go
Enough heat
Enough time
Density: On track for 2012
Local, international media take note
Fast track to commercialization
Next: Achieve high densities with commercial fuel $1M / 1 yr – conclude scientific feasibility $38M / 4 yrs – for commercial generator
Timeline for Total Energy Transformation Example: Tesla Model S, 1st year (2012) production 5-7k vehicles Example: 2M total EV’s in 2014
2012-2013: Scientific demo
2015-2016: Commercial prototype
They’ll stack!
2016: Mass manufacture with worldwide JV partners and licensees
Huge Market Potential Tesla S launch year equivalent 5,000 FoFu units: 25GW; 1/100th 2014 global EV equivalent 20,000 FoFu units: 100 GW
“Chindia” price: the price at which India and China would adapt a technology for economic reasons. “Everything’s a toy until it reaches that point” –Vinod Khosla
Team • Eric Lerner, President and Chief – 28 years in plasma physics research – 2 patents, papers, Google TechTalk
Scientist
• Aaron Blake, CFO/Chief mechanic
– MBA, 2 start-ups, 9 years USAF officer, patent
• Derek Shannon, Bus. Development/Lab Coordinator – Caltech, USC; tech commercialization and space policy
• Off-site/part-time – – – – – –
Fred von Roessel, electrical engineer, IEEE lifetime Dr. John Guillory, GMU Prof. Emeritus Dr. Warwick Dumas, simulation lead, UK Dr. John Thompson, leading pulsed power expert Ivana Karamitsos, IT Grad students M. Ismail and A. Mohamed, Kansas State
• Active Board of Advisors • Focus Fusion Society: Nonprofit outreach/education
Questions?
http://LPPhysics.com |
[email protected]
Investor Highlights Market: Baseload electric generation
•
–
Best results with most capital efficient tech
•
–
<$2M, this year, straightforward engineering
–
Proven team –
• •
50+ years biz/tech experience, with unique expertise
US/Oz patent issued, worldwide pending Strong shareholder’s agreement, traction –
•
$2M+ into facility opened 2009, record fusion yields
Closest to game-changing breakthrough
• •
Valuable spin-offs in NDI, medical isotopes
40 private investors, with Abell Foundation
Exit: IPO or buy back upon commercialization
