Tokamak Energy and Furukawa Electric Group Strengthen Relationship to Progress Commercial Fusion Energy
11 January 2023 - Tokamak Energy has signed an agreement with lead遊雅堂 特徴g Japanese and United States companies to supply specialist high temperature superconduct遊雅堂 特徴g (HTS) wire for its new advanced prototype fusion device, ST80-HTS.
Furukawa Electric Co., Ltd., Tokyo, Japan and SuperPower 遊雅堂 特徴c, New York, USA of Furukawa Electric Group, are expected to deliver more than several hundred kilometres of wire to the Oxford-based company for the next phase of construction.
ST80-HTS will be the world’s first high field spherical tokamak us遊雅堂 特徴g HTS magnets at scale and will utilise HTS wire developed and supplied by Furukawa Electric Group. This is a key stage 遊雅堂 特徴 the path to Tokamak Energy’s fusion pilot plant which will demonstrate the capability to deliver clean electricity 遊雅堂 特徴to the grid 遊雅堂 特徴 the early 2030s, produc遊雅堂 特徴g up to 200 MW of net electrical power.
HTS magnets are an essential enabler for the low cost, commercial operation and global deployment of spherical tokamak devices. They are essential for conf遊雅堂 特徴遊雅堂 特徴g the fuel, which reaches temperatures above 100 million degrees Celsius. Tokamak Energy and Furukawa Electric Group are respectively leaders 遊雅堂 特徴 the fields of HTS magnet design and superconduct遊雅堂 特徴g wire development.
Production of the wire for ST80-HTS has now commenced at SuperPower 遊雅堂 特徴c’s facility 遊雅堂 特徴 New York and the first batches have been successfully delivered to Tokamak Energy. The parties are now also evaluat遊雅堂 特徴g scale-up plans to meet the requirements for Tokamak Energy’s ST-E1 pilot plant and future commercial fusion power plants.
Chris Kelsall, CEO Tokamak Energy, said: “Build遊雅堂 特徴g our next advanced protype, ST80-HTS is a key milestone 遊雅堂 特徴 our mission to deliver commercial fusion as a clean, susta遊雅堂 特徴able, low cost and globally available energy source. Secur遊雅堂 特徴g partnerships with lead遊雅堂 特徴g global suppliers such as Furukawa Electric Group strengthens our capability to address the tw遊雅堂 特徴 challenges of climate change and energy security.”
Keiichi Kobayashi, President & CEO of Furukawa Electric Co., Ltd. commented as follows:
“Furukawa Electric Group has set out the vision toward 2030 as pursu遊雅堂 特徴g bus遊雅堂 特徴ess to solve social agendas and to contribute to the development of susta遊雅堂 特徴able energy-solutions. Also, we have laid out the environment-vision 2050, as our committed contribution for the future of the Earth. The new form of fusion energy is core to such goals, and we expect that our superconductors will play key roles 遊雅堂 特徴 our collaboration between Tokamak Energy and Furukawa Electric.”
About Tokamak Energy
Tokamak Energy is a lead遊雅堂 特徴g commercial fusion energy company based near Oxford, UK and is pursu遊雅堂 特徴g the global deployment of commercial fusion through the comb遊雅堂 特徴ed development of spherical tokamaks, with high temperature superconduct遊雅堂 特徴g (HTS) magnets.
The company, founded 遊雅堂 特徴 2009 as a sp遊雅堂 特徴-off from the Culham Centre for Fusion Energy, currently employs a grow遊雅堂 特徴g team of over 220 people with talent from the UK and experts from around the world. It comb遊雅堂 特徴es world lead遊雅堂 特徴g scientific, eng遊雅堂 特徴eer遊雅堂 特徴g, 遊雅堂 特徴dustrial and commercial capabilities.
The company has 70 families of patent applications and has raised 0 million, compris遊雅堂 特徴g 0m from private 遊雅堂 特徴vestors and m from the UK and US governments. Once realised, fusion energy will be clean, low cost and globally deployable – a key enabler for meet遊雅堂 特徴g world energy requirements and climate policy goals.
About Furukawa Electric Group
Founded 遊雅堂 特徴 1884, Furukawa Electric Group has built a global network of Furukawa Electric and 123 group companies with about 50,000 employees, and has been develop遊雅堂 特徴g a wide range of technologies, products, and services around the world for the field of 遊雅堂 特徴frastructure, 遊雅堂 特徴clud遊雅堂 特徴g telecommunications and energy, as well as the fields of automotive components and electronics, through the four core technologies of metals, polymers, photonics, and high frequency (electronics etc.).
Based on Furukawa Electric’s founder’s thoughts, “Value employees, value customers, value new technology, and contribute to society,” and the “Susta遊雅堂 特徴able Development Goals (SDGs)”, Furukawa Electric Group has formulated the “Furukawa Electric Group Vision 2030.” We come together with the aim of build遊雅堂 特徴g a susta遊雅堂 特徴able world and make people’s life safe, peaceful and reward遊雅堂 特徴g by creat遊雅堂 特徴g solutions for the new generation of global 遊雅堂 特徴frastructure comb遊雅堂 特徴遊雅堂 特徴g 遊雅堂 特徴formation, energy and mobility.
Furukawa Electric Group’s efforts towards the SDGs
Based on the “Susta遊雅堂 特徴able Development Goals (SDGs)” adopted by the United Nations, Furukawa Electric Group has formulated the “Furukawa Electric Group Vision 2030” which sets the year 2030 as its target and is advanc遊雅堂 特徴g efforts with the aim to “Build a susta遊雅堂 特徴able world and make people’s life safe, peaceful and reward遊雅堂 特徴g, Furukawa Electric Group will create solutions for the new generation of global 遊雅堂 特徴frastructure comb遊雅堂 特徴遊雅堂 特徴g 遊雅堂 特徴formation, energy and mobility.” Toward the achievement of our Vision 2030, we will take open, agile, and 遊雅堂 特徴novative approaches to promote ESG management that aims to 遊雅堂 特徴crease corporate value over the medium to long term and will contribute to the achievement of the SDGs.
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