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Helion’s fusion power purchase agreement with Microsoft

helionenergy.com

11–20 of 258 posts

Re: Helion’s fusion power purchase agreement with Microsoft

#11
post #8

From [0] ‘ This is a binding agreement that has financial penalties if we can’t build a fusion system,” Helion founder and CEO David Kirtley tells The Verge. “We’ve committed to be able to build a system and sell it commercially to [Microsoft].” Assuming the financial penalties are a significant fraction (i.e they are, say, greater than 5%) of the agreement value, I would interpret it as a more serious / confident co…

If they can't build a fusion system, aren't they sort of bust anyway?

Re: Helion’s fusion power purchase agreement with Microsoft

#12
post #6

Earlier quoted context omitted.

You're making the mistake of thinking the person you were replying to was actually wondering why they would do this - and not just jumping to their own cynical conclusions (which they did before "asking" their question) and cathartically posting them here.

I agree with almost everything in your post, but the way you posted this also makes me recognize a feeling I had for too long, maybe it’s time to take a break and get a few deep breaths?

Yes, we all get frustrated when we see nonsense online, but usually the best thing to do is “block and move on”

Re: Helion’s fusion power purchase agreement with Microsoft

#13

So, Microsoft is buying power generated from a Fusion plant that 1. doesnt exist today, and 2. is not even proven to be possible in practical terms(I mean net gain of power from a fusion plant). This kind of PR notice only serves to confuse people who care and fuel the idea that fusion could very well be vapourware. Why not just say "Microsoft commits some money for us to research if Fusion will be possible in ways w…

> > fuel the idea that fusion could very well be vapourware

But it's exactly the real scenario at play. However Microsoft is calling dibs on the energy that will be generated if fusion turns out to be not vaporware

Re: Helion’s fusion power purchase agreement with Microsoft

#14
post #6

Earlier quoted context omitted.

You're making the mistake of thinking the person you were replying to was actually wondering why they would do this - and not just jumping to their own cynical conclusions (which they did before "asking" their question) and cathartically posting them here.

I agree with almost everything in your post, but the way you posted this also makes me recognize a feeling I had for too long, maybe it’s time to take a break and get a few deep breaths?

One thing I'm trying to live lately is it's okay to have reactions and share them.

There's this weird thing with the richer society I've moved into from being in tech, where people think being anesthetized is the same as being happy.

No psychologist I've met advises what I see people assume: you must always hold back negative thoughts. They then apply techniques for reducing stress from overwhelming thoughts to advise eliminating all negative thought.

Re: Helion’s fusion power purchase agreement with Microsoft

#15

So, Microsoft is buying power generated from a Fusion plant that 1. doesnt exist today, and 2. is not even proven to be possible in practical terms(I mean net gain of power from a fusion plant). This kind of PR notice only serves to confuse people who care and fuel the idea that fusion could very well be vapourware. Why not just say "Microsoft commits some money for us to research if Fusion will be possible in ways w…

Because it doesn't cost MS a bean until Helion have something working, but to Helion it means they can raise money for the actual construction of the first-production machine with the investors knowing someone will pay them for it if it works.

> [...] knowing someone will pay them for it if it works.

I doubt that if somebody can get fusion to work at a competitive price, scale, stability etc. that they would lack buyers.

Re: Helion’s fusion power purchase agreement with Microsoft

#16
post #12

Earlier quoted context omitted.

I agree with almost everything in your post, but the way you posted this also makes me recognize a feeling I had for too long, maybe it’s time to take a break and get a few deep breaths?

Yes, we all get frustrated when we see nonsense online, but usually the best thing to do is “block and move on”

while not every comment deserves a reply, or your attention, silencing every opposing viewpoint is a great way to end up isolated and without contextual diversity.

Re: Helion’s fusion power purchase agreement with Microsoft

#17
post #8

From [0] ‘ This is a binding agreement that has financial penalties if we can’t build a fusion system,” Helion founder and CEO David Kirtley tells The Verge. “We’ve committed to be able to build a system and sell it commercially to [Microsoft].” Assuming the financial penalties are a significant fraction (i.e they are, say, greater than 5%) of the agreement value, I would interpret it as a more serious / confident co…

If they can't build a fusion system, aren't they sort of bust anyway?

[deleted]

Re: Helion’s fusion power purchase agreement with Microsoft

#18
post #15

Earlier quoted context omitted.

Because it doesn't cost MS a bean until Helion have something working, but to Helion it means they can raise money for the actual construction of the first-production machine with the investors knowing someone will pay them for it if it works.

> [...] knowing someone will pay them for it if it works. I doubt that if somebody can get fusion to work at a competitive price, scale, stability etc. that they would lack buyers.

I would assume they can't make it work at a competitive price (yet?), but it is technology Microsoft wants to see come to fruition. So if they make it work Microsoft will pay them 2-3x the market value for electricity.

Re: Helion’s fusion power purchase agreement with Microsoft

#19
post #8

From [0] ‘ This is a binding agreement that has financial penalties if we can’t build a fusion system,” Helion founder and CEO David Kirtley tells The Verge. “We’ve committed to be able to build a system and sell it commercially to [Microsoft].” Assuming the financial penalties are a significant fraction (i.e they are, say, greater than 5%) of the agreement value, I would interpret it as a more serious / confident co…

If they can't build a fusion system, aren't they sort of bust anyway?

They'd likely have some IP that could be of value to creditors.

Re: Helion’s fusion power purchase agreement with Microsoft

#20
post #12

Earlier quoted context omitted.

Yes, we all get frustrated when we see nonsense online, but usually the best thing to do is “block and move on”

while not every comment deserves a reply, or your attention, silencing every opposing viewpoint is a great way to end up isolated and without contextual diversity.

I read the comment as being about silencing low value noise from the knee jerk “this news doesn’t mean anything because companies bad news fake nothing to see here” crowd.

If an opposing viewpoint doesn’t have any thoughtful, well reasoned proponents, maybe it’s not that interesting of a viewpoint?

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