Around the 27 minute mark the discussion turned to “When?” Not one but both CEO’s expressed the opinion that we are talking electricity to your home, or someone’s home in 10 years, or 2033.
Not only did both CEO’s believe this, but the venture capitalist on the panel believed this. (I am not sure he was a venture capitalist, but he struck me as one).
While they went on about how great it will be to get electricity at 1 cent a kilowatt hour, they did not point out the following:
It cost money, a significant amount of money to deliver electricity, nobody is getting a 1 cent per kilowatt hour bill anytime soon.
The cost to build out these systems will demand a great deal if capital and labor, both capital and labor are likely to get more expensive with the build out of these systems. For that matter, capital and labor will be in short supply with the build out of battery factories. This will make it worse.
Finally, we currently have a money flow the is integrated into the world economy. Fusion power, will disrupt this money flow and that will probably disrupt the capital markets.
I recommend you take the time to thoughtfully consider this entire video. If you are not familiar with Helion and CFS this is a quick introduction. I have been following CFS for at least 5 years and Helion for a year. Both are well capitalized. While neither may succeed, some one will, and soon.