Latest news with #JoeHoagland
Yahoo
21-02-2025
- Business
- Yahoo
Bull Run Fossil Plant site to house fusion power plant project
KNOXVILLE, Tenn. (WATE) — The Tennessee Valley Authority (TVA) is teaming up with Type One Energy to develop plans for a fusion power plant at the Bull Run Fossil Plant in Claxton. The fusion pilot power plant, named Infinity Two, could start adding power to the grid by the mid-2030s. A release from Type One explains it has the 'potential to repurpose retired TVA fossil fuel power plant infrastructure.' North Carolina woman getting new home after property flooded during Helene The new Cooperative Agreement builds on Project Infinity, which began in early 2024. The project initially focused on creating a prototype of Type One's stellarator fusion machine called Infinity One. Now, it includes the broader goal of commercializing fusion energy. The partnership will work on on-site studies, environmental reviews, licensing, project plans, and financing, using TVA's expertise to safely develop fusion power. 'Unleashing America's energy potential will take all forms of generation including fusion,' said Joe Hoagland, TVA vice president of Innovation and Research. 'Energy security is national security, and we are focused on developing a technology, supply chain, and delivery model to build an industry that can power America and the world.' Contract reveals how much Knox County Sheriff's Office is paid to hold ICE detainees 'We are fortunate indeed to work together with an energy company like TVA,' said Type One Energy CEO Christofer Mowry. 'TVA brings us best-in-class power plant operations, maintenance, engineering, licensing, and even project planning and construction capabilities, all skills critical to success that we now don't need to try and recreate. Instead, we can focus on completing the design of Infinity Two and testing it with the Infinity One prototype in TVA's Bull Run plant. The ability for us to focus on developing and delivering the core stellarator technology materially derisks our path to fusion power plant commercialization.' Type One Energy was the first recipient of funding through the $50 million Nuclear Energy Fund. Anderson County Mayor Terry Frank noted that the fund has helped attract companies like Type One Fusion to East Tennessee. Oak Ridge pauses airport project after new uranium enrichment facility announced 'That was one of the very first expenditures from that nuclear fund. So the governor set that up and immediately capitalized on that. other investments have been Orano, which is a record-setting investment in the state of Tennessee of $5 billion for the construction of a uranium enrichment facility. So a lot is happening out of that in addition to investments and education. Whether it's UT or Tennessee Tech, there's just a lot going on there,' said Frank. The Bull Run Fossil Plant was retired by the TVA in December 2023 after 56 years in service. Its retirement was a part of TVA's pledge to reduce its reliance on coal and focus more on clean energy Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
11-02-2025
- Business
- Yahoo
TVA, Type One Energy Ink Deal to Develop Commercial Fusion Power Plant
The pursuit of energy from fusion technology has taken another step forward, with the Tennessee Valley Authority (TVA) entering into a cooperative agreement with Type One Energy to jointly develop a fusion power plant project in TVA's territory. The companies announced plans to collaborate on a 350-MWe Infinity Two power plant that use Type One's stellarator fusion technology. The groups on Feb. 10 said the project could offer baseload power generation by the project could support planned retirements of TVA power plants that burn coal and natural gas, potentially repurposing those sites. The technology also could be deployed at new locations. The agreement expands on Project Infinity, which was launched by Type One Energy, TVA, and the Oak Ridge National Laboratory in early 2024. The original project centered on deploying Type One's Infinity One stellarator prototype in TVA's decommissioned 865-MW coal-fired Bull Run power plant. The companies on Monday said Project Infinity "now encompasses a deeper, broader engagement toward commercialization of fusion energy." Bull Run was shut down in December 2023. [caption id="attachment_215622" align="alignnone" width="640"] This is a rendering of Type One Energy's fusion stellarator. Source: Type One Energy[/caption] TVA and Type One Energy will jointly work on Infinity Two fusion power plant siting studies, environmental reviews, and licensing, as well as development of project plans and financing from various sources. Type One Energy will support TVA in its evaluation and review of the project. "Unleashing America's energy potential will take all forms of generation including fusion," said Joe Hoagland, TVA vice president Innovation and Research. "Energy security is national security, and we are focused on developing a technology, supply chain, and delivery model to build an industry that can power America and the world." Type One Energy was founded in 2019. The company opened an office in Oak Ridge, Tennessee, in 2023. The company's technology is touted as a stellarator fusion reactor, which is a different design than a tokamak fusion reactor. Examples of tokamak reactors include the Joint European Torus in the UK, and the ITER project under construction in France. A tokamak is based on a uniform toroid shape. A stellarator twists that shape in a figure-8 design. The companies said the scope of the latest agreement aligns with a separate arrangement between the parties to access the capabilities of TVA's Power Service Shops (PSS) in Muscle Shoals, Alabama. The PSS relationship enables Type One Energy to continue shaping its supply chain for stellarator fusion power plants, and the PSS will support modular manufacturing and assembly of Infinity Two. The groups emphasized that the arrangement enables TVA "to benefit from the subsequent scaling of fusion energy on a global basis, following the successful deployment of Infinity Two." Project Infinity also includes plans for workforce development, which includes assembling a team to build, operate, and maintain fusion stellarators. "We are fortunate indeed to work together with an energy company like TVA," said Christofer Mowry, Type One Energy's CEO. "TVA brings us best-in-class power plant operations, maintenance, engineering, licensing, and even project planning and construction capabilities, all skills critical to success that we now don't need to try and recreate. Instead, we can focus on completing the design of Infinity Two and testing it with the Infinity One prototype in TVA's Bull Run plant. The ability for us to focus on developing and delivering the core stellarator technology materially derisks our path to fusion power plant commercialization." —Darrell Proctor is a senior editor for POWER.
