Live data from Hacker News

Helion’s fusion power purchase agreement with Microsoft

helionenergy.com

81–90 of 258 posts

Re: Helion’s fusion power purchase agreement with Microsoft

#81
post #40

Sounds like Altman used his personal relationship with Microsoft CEO to do this meaningless PR stunt, so he can more easily pursaude stupid money to actually invest in this.

what you are saying is, he found money for a startup he invested in, and is good at his job.

Re: Helion’s fusion power purchase agreement with Microsoft

#82

HN, what the heck has happened to you? What is with all of these cynical comments? Helion is an awesome company, their technology is real, and this is cool. >oh no this might not work! Do you guys not understand that you’re posting on the forum of a venture capital firm/startup accelerator?

This exact comment was made, repeatedly, about Theranos.

Re: Helion’s fusion power purchase agreement with Microsoft

#83

HN, what the heck has happened to you? What is with all of these cynical comments? Helion is an awesome company, their technology is real, and this is cool. >oh no this might not work! Do you guys not understand that you’re posting on the forum of a venture capital firm/startup accelerator?

I think it’s a lot easier to be cynical and negative than to put yourself out there a bit and say something positive. Or - at least that’s something I’ve struggled with personally.

Re: Helion’s fusion power purchase agreement with Microsoft

#84

Earlier quoted context omitted.

What the hell is this cynicism? Seems completely inappropriate. Helion isn’t vaporware.

While you’re probably right about GP’s cynical tone, this announcement does seem fairly meaningless. Does Helion have a working prototype that can be reasonably moved into production? Or is that still years away?

Also from the WSJ this AM: https://www.wsj.com/articles/microsoft-bets-that-fusion-powe...

Re: Helion’s fusion power purchase agreement with Microsoft

#85
post #39

Earlier quoted context omitted.

Electricity is a commodity. How could they possibly have a working product that they can’t sell? Just hook it up to the grid and there you go.

Nuclear fission works right now but is frequently too expensive per megawatt-hour to build. There's no real reason fusion couldn't end up the same way.

And realize this also depends on how much the competition costs. If renewables and storage continue to get cheaper, fusion that "works" in an economic sense could transition back to "doesn't work".

It's the fate of most technologies to fail this way, so it shouldn't be surprising (or a source of dishonor) if the same thing happens to fusion. That doesn't mean money spent developing fusion is necessarily wasted; the size of the energy market -- a quadrillion dollars or so over the 21st century -- justifies longshot investments.

Re: Helion’s fusion power purchase agreement with Microsoft

#86

Earlier quoted context omitted.

While you’re probably right about GP’s cynical tone, this announcement does seem fairly meaningless. Does Helion have a working prototype that can be reasonably moved into production? Or is that still years away?

Helion in 2014: We're about 3 years away from break-even energy. https://www.wsj.com/articles/BL-VCDB-15246

They didn't get the funding they needed until 2021.

https://techcrunch.com/2021/11/05/helion-series-e/

Re: Helion’s fusion power purchase agreement with Microsoft

#87

Earlier quoted context omitted.

8 years ago, HN was a place full of optimism and excitement. I've noticed a marked increase in cynicism in this place. Like most of the world, it suffers from extreme tribalism and group think. I miss the former positive HN. And the positive world. sigh

The cynicism for me at least is a result of reality actually getting markedly worse (at least in the USA) over the last 10 years. However, none of that has anything to do with fusion tech, so I remain hopeful about that!

It's admittedly a 12 year old YouTube, but I always liked watching this when I was feeling especially cynical about the overall trajectory of the world: https://www.youtube.com/watch?v=jbkSRLYSojo

Re: Helion’s fusion power purchase agreement with Microsoft

#88
post #40

Sounds like Altman used his personal relationship with Microsoft CEO to do this meaningless PR stunt, so he can more easily pursaude stupid money to actually invest in this.

What the hell is this cynicism? Seems completely inappropriate. Helion isn’t vaporware.

In a world drowning in self-interested promotional 'puffing," calling this cynicism is in itself cynical. I prefer to see what your referring to as HN's community hype-filter.

Re: Helion’s fusion power purchase agreement with Microsoft

#90
post #40

Sounds like Altman used his personal relationship with Microsoft CEO to do this meaningless PR stunt, so he can more easily pursaude stupid money to actually invest in this.

What the hell is this cynicism? Seems completely inappropriate. Helion isn’t vaporware.

Even if it doesn't work, it's more noble to work on this than say, Juicero.
Post reply on HN