"Watch this space". On 16 October 2014 20:39, 'Chris de Morsella' via Everything List < [email protected]> wrote:
> I have no idea what to make of this claim. It is an astounding claim for > such a large company to make…. Also kind of funny how their stock > concurrently went down on the day of the press release > > Lockheed says makes breakthrough on fusion energy project > <http://news.yahoo.com/lockheed-says-makes-breakthrough-fusion-energy-project-123840986--finance.html> > > WASHINGTON (Reuters) - Lockheed Martin Corp said on Wednesday it had made > a technological breakthrough in developing a power source based on nuclear > fusion, and the first reactors, small enough to fit on the back of a truck, > could be ready for use in a decade. > > Tom McGuire, who heads the project, said he and a small team had been > working on fusion energy at Lockheed's secretive Skunk Works for about four > years, but were now going public to find potential partners in industry and > government for their work. > > Initial work demonstrated the feasibility of building a 100-megawatt > reactor measuring seven feet by 10 feet, which could fit on the back of a > large truck, and is about 10 times smaller than current reactors, McGuire > told reporters. > > In a statement, the company, the Pentagon's largest supplier, said it > would build and test a compact fusion reactor in less than a year, and > build a prototype in five years. > > In recent years, Lockheed has gotten increasingly involved in a variety of > alternate energy projects, including several ocean energy projects, as it > looks to offset a decline in U.S. and European military spending. > > View gallery > <http://news.yahoo.com/photos/chief-executive-officer-lockheed-martin-corp-hewson-speaks-photo-123840198.html> > > [image: Chief Executive Officer of Lockheed Martin Corp > Hewson …] > <http://news.yahoo.com/photos/chief-executive-officer-lockheed-martin-corp-hewson-speaks-photo-123840198.html> > > > > Chief Executive Officer of Lockheed Martin Corp Marillyn Hewson speaks to > journalists at a news conf … > > Lockheed's work on fusion energy could help in developing new power > sources amid increasing global conflicts over energy, and as projections > show there will be a 40 percent to 50 percent increase in energy use over > the next generation, McGuire said. > > If it proves feasible, Lockheed's work would mark a key breakthrough in a > field that scientists have long eyed as promising, but which has not yet > yielded viable power systems. The effort seeks to harness the energy > released during nuclear fusion, when atoms combine into more stable forms. > > "We can make a big difference on the energy front," McGuire said, noting > Lockheed's 60 years of research on nuclear fusion as a potential energy > source that is safer and more efficient than current reactors based on > nuclear fission. > > Lockheed sees the project as part of a comprehensive approach to solving > global energy and climate change problems. > > Compact nuclear fusion would produce far less waste than coal-powered > plants since it would use deuterium-tritium fuel, which can generate nearly > 10 million times more energy than the same amount of fossil fuels, the > company said. > > Ultra-dense deuterium, an isotope of hydrogen, is found in the earth's > oceans, and tritium is made from natural lithium deposits. > > It said future reactors could use a different fuel and eliminate > radioactive waste completely. > > McGuire said the company had several patents pending for the work and was > looking for partners in academia, industry and among government > laboratories to advance the work. > > Lockheed said it had shown it could complete a design, build and test it > in as little as a year, which should produce an operational reactor in 10 > years, McGuire said. A small reactor could power a U.S. Navy warship, and > eliminate the need for other fuel sources that pose logistical challenges. > > U.S. submarines and aircraft carriers run on nuclear power, but they have > large fission reactors on board that have to be replaced on a regular cycle. > > "What makes our project really interesting and feasible is that timeline > as a potential solution," McGuire said. > > Lockheed shares fell 0.6 percent to $175.02 amid a broad market selloff. > > (Editing by Jeffrey Benkoe) > > > > __._,_.___ > ------------------------------ > > Posted by: "Chris de Morsella" <[email protected]> > ------------------------------ > > *Reply via web post > <https://groups.yahoo.com/neo/groups/EnergyRoundTable/conversations/messages/106242;_ylc=X3oDMTJzcTJxNXE0BF9TAzk3MzU5NzE0BGdycElkAzEyMzA4MTUzBGdycHNwSWQDMTcwNTA4MzI2OQRtc2dJZAMxMDYyNDIEc2VjA2Z0cgRzbGsDcnBseQRzdGltZQMxNDEzNDQwNjI2?act=reply&messageNum=106242> > * > > • > > Reply to sender > <[email protected]?subject=RE%3A%20%5BERT%5D%20-%20Lockheed%20says%20makes%20breakthrough%20on%20fusion%20energy%20project> > > • > > Reply to group > <[email protected]?subject=RE%3A%20%5BERT%5D%20-%20Lockheed%20says%20makes%20breakthrough%20on%20fusion%20energy%20project> > > • > > Start a New Topic > <https://groups.yahoo.com/neo/groups/EnergyRoundTable/conversations/newtopic;_ylc=X3oDMTJmY3J0aDJwBF9TAzk3MzU5NzE0BGdycElkAzEyMzA4MTUzBGdycHNwSWQDMTcwNTA4MzI2OQRzZWMDZnRyBHNsawNudHBjBHN0aW1lAzE0MTM0NDA2MjY-> > > • > > Messages in this topic > <https://groups.yahoo.com/neo/groups/EnergyRoundTable/conversations/topics/106242;_ylc=X3oDMTM5ZjJiMDVrBF9TAzk3MzU5NzE0BGdycElkAzEyMzA4MTUzBGdycHNwSWQDMTcwNTA4MzI2OQRtc2dJZAMxMDYyNDIEc2VjA2Z0cgRzbGsDdnRwYwRzdGltZQMxNDEzNDQwNjI2BHRwY0lkAzEwNjI0Mg--> > (1) > > ERT posts are for members only. 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