Spring Valley Acquisition Corp. III · NASDAQ:SVAC
Spring Valley Acquisition Corp. III — General Fusion — Pacific Energy Innovation Association, Vancouver (September 2018)
33 slides from Spring Valley Acquisition Corp. III's conference presentation, Sep 12, 2018
Slide 1: Dr. Michel Laberge, Pacific Energy Innovation Association
Dr. Michel Laberge Pacific Energy Innovation Association, Vancouver BC, 12 September 2018
Slide 2: Current Carbon Emission Reduction Plans are Insufficient
Current Carbon Emission Reduction Plans are Insufficient Paris Accord Emission Reduction Goals 70 Current Baseline 60 Effective CO2 Emissions (Gigatons) Paris Accord Trajectory Reductions set forth 50 in Paris Agreement 40 30 20 2°C Range Massive additional 10 reductions are necessary to limit globa
Slide 3: Fusion is a Long-Term Clean Energy Solution
Fusion is a Long-Term Clean Energy Solution… Solar and Wind are a Small Fraction of Energy Production • Over 50% of renewable electricity is from hydro Energy Mix in 2040 • Solar & wind are forecast to make up only ~6% of energy mix by 2040 • Renewables limited by: high land utilization, costly 25%
Slide 4: Natural Gas with Carbon Capture, Nuclear Fission, Fusion
Natural Gas with Carbon Capture Nuclear Fission Fusion
Slide 5: How Nuclear Fission Works
HOW NUCLEAR FISSION WORKS URANIUM BARIUM ee NEUTRONS «8 KRYPTON £3 NEUTRON
Slide 6: How Fusion Works
HOW FUSION WORKS HELIN DEUTERIUM ° “> e NEUTRON
Slide 7: Fusion: Zero emission, on-demand electricity that is plentiful and safe
Fusion: Zero emission, on-demand electricity that is plentiful and safe Clean: No GHG emissions Safe: Meltdown impossible and no long lived waste Abundant: Fuel derived from sea water, millions of years worth available On-Demand: Able to provide baseload power around the clock Cost-competitive: Effe
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Slide 9: RIBOGEABS | °.
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Slide 12: Fusion Technology Comparison
Fusion Technology Comparison Normal Magnetic Field (Tesla) Super- Max Flux Plasma Energy conductor HTC Max DC Compression Driver Power 1 30 1.00E+3 3.00E+4 1.00E+6 1.00E+11 1.00E+15 NIF ITER GJ TW $ Cost of Confinement 1.00E+08 1.00E+12 $ Cost of Driver GF MJ GW 1.00E+05 1.00E+09 kJ MW 1.00E+02 1.00
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Slide 14: Resolving the Traditional Barriers to Fusion
Resolving the Traditional Barriers to Fusion Fusion Conditions Energy Conversion System Durability General Fusion’s pulsed fusion process General Fusion’s energy conversion system General Fusion’s liquid-metal plasma eliminates the need for complex and costly: uses proven energy technology: compress
Slide 15: Component Level Development
Component Level Development Plasma Formation Liquid Metal Systems Plasma Compression 15
Slide 16: Plasma formation
Plasma formation World’s biggest and most powerful plasma injectors Plasma Injector 500 eV pre-compression plasma with life-time >2,600 microseconds Developed and operated 18 generations of injectors since 2010 Library of over 150,000 plasma experiments PI3 Prototype-Scale Plasma Injector Plasma Per
Slide 17: Small plasma injectors
Small plasma injectors • Built on a reduced scale to reduce iteration time and expense • Allow a variety of geometries and magnetic field configuration to be explored • 15 small injectors built so far • SPECTOR has achieved 500 eV, lifespan >3,300 μs ~30cm MrT : Magnetic PROSPECTOR SPECTOR SPECTOR i
Slide 18: Spherical tokamak: 500 eV measured by Thomson Scattering
Spherical tokamak: 500 eV measured by Thomson Scattering 2017 • 2600 μs lifetimes • 500 eV 18
Slide 19: Large plasma injectors
Large plasma injectors • Injectors built to a similar scale as expected for power plant • Pi1 and Pi2 demonstrated magnetic compression heating of a spheromak to over 400 eV and 3.2T magnetic fields • Pi3 first plasma at end of 2017 Pi1 Pi2 Pi3 19
Slide 20: Pi3 large injector
Pi3 large injector • Spherical tokamak plasma target • Major radius: 0.6-0.7 m • Temperature Telectron ~ Tion: 100-500 eV • Plasma lifespan expected (size): 50 ms • 10 MJ capacitor bank 20
Slide 21: Plasma compression
Plasma compression • Mechanical compression of magnetized plasma • Major advances in plasma systems, materials, coatings, and diagnostics • Recent experiments show good magnetic stability 21
Slide 22: All PCS Shots: Poloidal Field Compression
All PCS Shots: Poloidal Field Compression 22
Slide 23: Compression technology
Compression technology • Compression of 400°C liquid lead liner with pistons • Demonstrated synchronization accuracy of +/-2 μs with frictionless servo • Cavity formation and stabilization Compression Driver Control System Performance 23
Slide 24: Big Data
Big Data General Fusion has conducted >150,000 plasma shots to date Each shot generates ~500 Mb of data Partnering with Microsoft to create new analysis tools and share data with the scientific community Aurora project – plasma data in the cloud Big data + machine learning 24
Slide 25: Additive Manufacturing
Additive Manufacturing Additive Manufacturing = industrial scale 3D printing Ability to create shapes not possible before Important applications in stabilizing liquid metal wall 25
Slide 26: Core Technologies are in Place
Core Technologies are in Place Plasma Injector System Compression System Fusion Process Stability Backed by years of R&D progress, core technologies are in place, constructed, and tested at large scale 26
Slide 27: General Fusion Demonstration Program
General Fusion Demonstration Program • Embarking on a project to build and operate a fusion demonstration machine that will compress plasma to fusion temperature with pistons and liquid metal • Builds on key milestones that have confirmed the Company’s approach to fusion, achieved industry-recognize
Slide 28: Demonstration Program Goals
Demonstration Program Goals 1. Demonstrate, at power plant-scale, that fusion conditions can be practically achieved using General Fusion’s technology 2. Refine commercial power plant economics (ONC and LCOE), based on actual performance • Demonstration plant integrates all of General Fusion’s core
Slide 29: New Innovative Ventures: Private Fusion Ventures
New Innovative Ventures Private Fusion Ventures Investment in Private Fusion Ventures 25 $1,200M $1,000M 20 Cumulative Number of Ventures Cumulative Investment $800M 15 $600M 10 $400M 5 $200M 0 $0M 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Seed Stage Ventur
Slide 30: Private Fusion Technology Ventures
Private Fusion Technology Ventures Note: List is not exhaustive; largest entities only. 30
Slide 31: Publicly Funded Fusion Research
Publicly Funded Fusion Research NIF Experimental Advanced Superconducting Tokamak Wendelstein 7-X (EAST) Note: List is not exhaustive; largest entities only. 31
Slide 32: Summary
Summary • The increase in demand for energy worldwide cannot be met by existing renewable technologies. • Fusion energy can transform the way the world is powered with sustainable carbon free energy. • Newly matured enabling technologies are now opening innovative new pathways to commercial fusion e
Slide 33: Website and social media
Website Twitter Instagram LinkedIn generalfusion.com @generalfusion @generalfusion general-fusion 33
General Fusion — Pacific Energy Innovation Association, Vancouver (September 2018) on 6ix