February 7, 2010 3:35:46 PM PST
Willem – Jan Schutte, a Dutch angel investor in the renewable energy sector contacts me about a potential sponsorship for Prometheus Fusion Perfection having found the project on kickstarter. I provide my resume and answer questions about the competing technologies and patents.
February 10, 2010 9:22:50 AM PST
I meet Willem in person at the Sheraton in Manhattan. This was a fun meeting. He was clearly interested in the fusion space and to my surprise was very excited about the open source aspect of our project. I spoke of the huge social and financial rewards promised by the reactor. I outlined my vision for the project and answered questions. I explained how the project would benefit from small or intermediate investment presently, but ultimately would require a very large investment to enter commercialization. I left this meeting with the sense that an investment of some kind was likely.
February 19, 2010 9:02:59 AM PST
I received this email from Willem’s technical analyst Maarten Dieleman:
Hi Mark,
I am mailing you on behalf of Willem-Jan Schutte who you met last week. I have an Applied Physics background and am now working for Willem as his technical analyst. My knowledge on nuclear physics is only basic, but the idea of nuclear fusion is not unfamiliar to me. After reading some articles and watching the youtube video of the late Dr. Bussard, I have some questions concerning your project.
According to the site of EMC2, the company Bussard worked for, they estimate to produce the first full-scale 100MW fusion reactor in about 5 years if enough funding can be found ($~200M). How do you see the development of your project (time, cost, size)?
You want to build a open-source Bussard Polywell Fusion Reactor. As you know, EMC2 is funded by the US Navy which put an publication embargo in place. According to Bussard the company holds all important patents. So in the case you do built a working reactor are you allowed to? And most importantly if the project is open-source, how do you plan to make money with it and within what time span?
Concerning your current situation, you plan to raise $3000,- via Kickstarter for 3 months of research and equipement. However in your email to Willem you are talking about $100k. What do you plan to do with these funds?
In summary could you give a more clear picture of the expected development of your project concerning the funds and time needed as well as expected earnings?
Best Regards,
Maarten Dieleman
February 23, 2010 1:01:37 PM PST
So this email is really asking the big questions. These are questions I’ve been thinking about myself since I started. I have an evolving plan in my head, but I’ve never really typed it out. At this point I contacted M. Simon to help me refine and articulate the vision. M. Simon put me in touch with Physicist Mike R. With their help I put together this response:
Hi Maarten –
Here are my responses to your questions.
On Feb 19, 2010, at 12:02 PM, Maarten Dieleman wrote:
Hi Mark,
I am mailing you on behalf of Willem-Jan Schutte who you met last week. I have an Applied Physics background and am now working for Willem as his technical analyst. My knowledge on nuclear physics is only basic, but the idea of nuclear fusion is not unfamiliar to me. After reading some articles and watching the youtube video of the late Dr. Bussard, I have some questions concerning your project.According to the site of EMC2, the company Bussard worked for, they estimate to produce the first full-scale 100MW fusion reactor in about 5 years if enough funding can be found ($~200M). How do you see the development of your project (time, cost, size)?
This endeavor demands developing the Bussard reactor technology past the point of break-even fusion, a history-making feat. This plan is based largely on the path outlined by Dr. Bussard in his Google tech talk ( http://bit.ly/d09bi0 ) and the WB-6 report (attached). The major deviation from Bussard’s plan is the inclusion of a intermediate sized test reactor focusing on superconducting coils and p-11B fuel. Full realization of a break-even reactor will require $200M+. Full commercialization will require another ~$200M. Successful development and commercialization will lead to net income on the order of $100B/year.
Year 1: Tackle small-scale research. < $1M
Year 2: Build a sub-break-even superconducting reactor running p11B continuously with a single cell of direct energy conversion. $11M
Year 3: Build-out of break-even reactor. $100M
Year 4: Build-out and operation of break-even reactor. $100M
Year 5: Begin commercialization. $200M
Year 6: IPO***
YEAR 1: SMALL-SCALE RESEARCH Superconducting coils
Superconducting coils are necessary to avoid losses from the ohmic heating of copper coils. Superconducting coils require a smaller volume for a given magnet strength which will result in a smaller reactor. Most importantly, superconducting coils open up the possibility of a continuous, running reactor. To date, no one has built a superconducting Bussard reactor. Continuous operation
A fully functional Bussard reactor will need to run continuously. To date, the Bussard reactor has only been run in millisecond pulses. Superconducting coils are a big step towards continuous operation. Liquid cooling
A continuous running reactor will require active cooling of the magrid to remove heat from ion bombardment and current flowing into the grid. p11B fuel
The full promise of the Bussard reactor is its ability to burn proton Boron11, an aneutronic reaction that works with direct energy conversion. EMC2 is working on this now.
http://en.wikipedia.org/wiki/Aneutronic_fusion Direct energy conversion_
The p11B reaction allows for efficient direct energy conversion into DC electric. We will build and test a “venetian blind” energy capture device outlined in this paper.Click to access Venetian%20Blind.pdf
Cusp losses
The connectors between the toroidal magnets are a remaining source of electron losses. POPS research
Periodically oscillating plasma sphere is a technique that may amplify fusion.
http://fti.neep.wisc.edu/static/TALKS/12Oct1100yonghoki.ppt Neutron shielding for deuterium-deuterium fuel
Fast neutrons from deuterium-deuterium fuel will damage superconducting coils unless protected. Software
Develop parametric software tool-chain to produce mechanical blueprints, thermal models, magnetic force models, tensile strength models, electrical properties models, etc. Master instrumentation
Photometry, interference filters, optical light spectrometers, spectrum analyzers, residual gas analyzers, Langmuir probes, Gaussmeters, fiber-optic isolation of instruments floating at high potential. Dodecahedral magrid
Bussard claims better confinement with a truncated dodecahedral magrid. Nobody has built this yet.***
YEAR 2: INTERMEDIATE REACTOR
Build intermediate sized superconducting reactor running p11B continuously with a single cell of direct energy conversion: $11MThree Tesla superconducting magnets with a 1m bore. 100 KV @ 25 A power supply. Vacuum chamber, two to three meters on a side.
This will be a fully realized reactor at a fraction of break-even size. The direct energy conversion system will consist of identical conversion units arrayed around the reactor. We will build and test a single conversion unit that will produce usable current. The output from this single test unit will be used to extrapolate the output with the full array of conversion units. This machine will require radiation shielding and a larger facility with an overhead gantry.
Develop schematics for break-even reactor. Develop relationships with key subcontractors.
***
YEAR 3 and 4: BREAK-EVEN REACTOR
Build-out and operation of break-even reactor: $100MA break-even reactor will require a three meter diameter magrid for deuterium-deuterium reaction (four meter for p-11B), which in turn will require a nine meter diameter vacuum enclosure (12 meter for p-11B). Beyond this, there is shielding and support machinery like vacuum pumps and power supplies.
Bussard cites power scaling of radius^7. This is based on the composition of B-field^4 * radius^3. Cost scales radius^3.
This stage of the project will require a large test facility away from people. This is a large-scale engineering and construction project. It will require an array of subcontractors, specialist and integration oversight.
***
YEAR 5: COMMERCIALIZATION
$200MPackage the reactor technology into a safe and easy to use commercial product. Hire experienced CEO and COO to sell the reactor or the electricity it produces.
You want to build a open-source Bussard Polywell Fusion Reactor. As you know, EMC2 is funded by the US Navy which put an publication embargo in place. According to Bussard the company holds all important patents. So in the case you do built a working reactor are you allowed to?
The patents have expired and the renewal was withdrawn.
And most importantly if the project is open-source, how do you plan to make money with it and within what time span?
Charge for the reactors and their maintenance. Alternately, one can structure it as a utility and charge by the kilowatt-hour.
Concerning your current situation, you plan to raise $3000,- via Kickstarter for 3 months of research and equipement. However in your email to Willem you are talking about $100k. What do you plan to do with these funds?
$3000 is the amount I believed I could raise on Kickstarter. It will buy me some time, and allow me to replicate the Sydney experiment (powerpoint: http://bit.ly/cIjAA6 ).
Ultimately, this project will require the $~200M+ that Bussard predicts. $100K will get me back in the lab and moving forward with the research in a meaningful way. But that is a garage budget: no staff, used equipment from eBay, extra resourcefulness required.
One must reach break-even fusion to make money. An ideal budget is $1M to start, but anything from $100K to $1M will get the ball rolling.
In summary could you give a more clear picture of the expected development of your project concerning the funds and time needed as well as expected earnings?
Five years, ~$200M to break-even, $100B/year net income.
March 7, 2010 12:38:50 PM PST
Willem writes:
Hi Mark,
I am sorry but in this stage it is too risky for us to participate in your venture.
I really hope you get the right traction and do not give up on your dream.
Next time I am over in NY I would like to meet you again to continue our converstations.
Regards, Willemkeep me posted
Ultimately this is more encouraging than discouraging. It changed the way I think about the project. For a good month I was living in a headspace where I imagined my task ahead was to execute on this extremely challenging plan once the funding was secure. Expanded my mind.
I believe this project will eventually get fully funded. The investor must be fearless. Maybe this investor is you:
You only live once.