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Speaker: Derek Sutherland Co-Founder & CEO [email protected] CTFusion

sutherland energy leadership · Speaker: Derek Sutherland Co-Founder & CEO [email protected] ... •Reliable baseload power, and able to meet peak load demands as well with

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Page 1: sutherland energy leadership · Speaker: Derek Sutherland Co-Founder & CEO dsutherland@ctfusion.net ... •Reliable baseload power, and able to meet peak load demands as well with

Speaker:

Derek Sutherland Co-Founder & CEO

[email protected]

CTFusion

Page 2: sutherland energy leadership · Speaker: Derek Sutherland Co-Founder & CEO dsutherland@ctfusion.net ... •Reliable baseload power, and able to meet peak load demands as well with

Fusion is the fundamental energy source of the universe • Fusion combines light elements into heavier ones, which releases large amounts

of energy via E = mc2.• Proton-proton fusion chain occurs in the sun and sustains life on earth — very

slow process. • We require fast fusion (i.e. DT) on Earth since we cannot use gravitational

confinement — magnetic and inertial fusion are two main choices.

October 30, 2018 CTFusion, LLC - Non-Confidential 2

Gravitational FusionMagnetic Fusion Inertial Fusion

Page 3: sutherland energy leadership · Speaker: Derek Sutherland Co-Founder & CEO dsutherland@ctfusion.net ... •Reliable baseload power, and able to meet peak load demands as well with

Fusion power is an attractive energy source to pursue for commercial electricity production

• No greenhouse gas emissions

• No long-lived radioactive waste

• No chance of a meltdown

• Abundant, low-cost fuel present in water

• High power density leads to small physical footprint.

• Reliable baseload power, and able to meet peak load demands as well with smaller fusion systems.

October 30, 2018 CTFusion, LLC - Non-Confidential 3

Page 4: sutherland energy leadership · Speaker: Derek Sutherland Co-Founder & CEO dsutherland@ctfusion.net ... •Reliable baseload power, and able to meet peak load demands as well with

Magnetic plasma confinement is leading approach to commercial fusion energy production

• Use magnetic fields to confine a reacting deuterium-tritium (DT) fusion plasma.

• Best shape of magnetic bottle is a torus (i.e. donut), but method of generating magnetic fields differ.

• Large economic trade-offs between using plasma currents versus external coil sets for generating magnetic fields.

October 30, 2018 CTFusion, LLC - Non-Confidential 4

Page 5: sutherland energy leadership · Speaker: Derek Sutherland Co-Founder & CEO dsutherland@ctfusion.net ... •Reliable baseload power, and able to meet peak load demands as well with

CTFusion’s approach uses the maximum amount of plasma current possible to minimize costs

• Using spheromak plasma maximizes use of plasma current while maintaining plasma stability.

• Can operate in steady-state with only one, easily protected coil set.

• Sustained spheromak reactors can be be competitive with conventional energy sources.

October 30, 2018 CTFusion, LLC - Non-Confidential 5

Page 6: sutherland energy leadership · Speaker: Derek Sutherland Co-Founder & CEO dsutherland@ctfusion.net ... •Reliable baseload power, and able to meet peak load demands as well with

CTFusion is a spinout company from DOE-funded UW research

October 30, 2018 CTFusion, LLC - Non-Confidential 6

Magnetic flux coils

Air-core transformer

Copper plasma chamber

Imposed magnetic fields (gray)

Spheromak magnetized plasma (colors)CTFusion uses the most established

approach to fusion: deuterium-tritium (DT) magnetic fusion energy (MFE).

Our patented imposed-dynamo current drive (IDCD) plasma sustainment

technology efficiently sustains low-cost

spheromak fusion power cores.

CTFusion assumes the minimum amount of risk to enable cost-competitive fusion power plants.

Page 7: sutherland energy leadership · Speaker: Derek Sutherland Co-Founder & CEO dsutherland@ctfusion.net ... •Reliable baseload power, and able to meet peak load demands as well with

CTFusion’s ultimate product: Flexible, reliable, clean fusion power plants

October 30, 2018 CTFusion, LLC - Non-Confidential 7

1 GWe Reactor Vision –10x larger than current prototypes

• CTFusion’s technology allows the customer to choose their desired power output.

• Commercial fusion reactor output will range between ≈100 MWe and 1000+ MWe.

• Baseload power output is primary mode of operation, but technology is flexible.

• Smaller output reactors will be able to be ramped quickly, larger ones will best be used for baseload capacity.

Page 8: sutherland energy leadership · Speaker: Derek Sutherland Co-Founder & CEO dsutherland@ctfusion.net ... •Reliable baseload power, and able to meet peak load demands as well with

CTFusion plans to build its next generation prototype fusion device

• Next prototype fusion device will be a 3-4 year project that will de-risk many critical components for the ultimate success of this approach to commercial fusion energy.

• Key areas of de-risking are: plasma performance, engineering performance, and technology scalability.

• A successful next-generation prototype device will provide a meaningful step towards ultimate commercialization of this clean energy technology.

October 30, 2018 CTFusion, LLC - Non-Confidential 8

Page 9: sutherland energy leadership · Speaker: Derek Sutherland Co-Founder & CEO dsutherland@ctfusion.net ... •Reliable baseload power, and able to meet peak load demands as well with

October 30, 2018 CTFusion, LLC - Non-Confidential 9

Derek Sutherland Co-Founder & CEO

[email protected]

Aaron Hossack CTO

[email protected]

Chris AjemianVP Business Dev. & Regulatory Affairs

[email protected]

Contact

Page 10: sutherland energy leadership · Speaker: Derek Sutherland Co-Founder & CEO dsutherland@ctfusion.net ... •Reliable baseload power, and able to meet peak load demands as well with

October 30, 2018 CTFusion, LLC - Non-Confidential 10

Page 11: sutherland energy leadership · Speaker: Derek Sutherland Co-Founder & CEO dsutherland@ctfusion.net ... •Reliable baseload power, and able to meet peak load demands as well with

October 30, 2018 CTFusion, LLC - Non-Confidential 11

CTFusion Management Team

• Derek A. Sutherland, Co-Founder and CEO of CTFusion• Experience working on multiple public and private fusion ventures.• Ph.D., University of Washington, expected Dec. 2018.• B.S., Massachusetts Institute of Technology, Physics and Nuclear Engineering

• Thomas R. Jarboe, Co-Founder and President of CTFusion• Leader in the development of spheromak fusion devices since the 1980s.• Funded by the U.S. Dept. of Energy for 28 years at ~ $1M/year. • Discovered Imposed-Dynamo Current Drive (IDCD) in 2012.

• Aaron C. Hossack, CTO of CTFusion• Lead experimentalist in charge of operations with over 10 years experience working on all

aspects of the current operating prototypes at the University of Washington. • Ph.D., University of Washington.

• Chris K. Ajemian, VP of Business Development and Regulatory Affairs• Experienced leader in commercialization.• Former corporate lawyer, software CEO, and PNNL nuclear nonproliferation analyst.• J.D., M.A. University of Washington