This data-file screens c20 companies at the cutting edge of nuclear technology, to assess whether fission or fusion breakthroughs can realistically be factored into long-run forecasts of energy markets or the energy transition.
Our conclusion is “not yet”. Despite many signs of exciting progress, the average technical readiness in our sample is TRL 4 (testing components). Nine companies are working to lab-scale prototypes. Energy gains and system stability remain key challenges.
The best case scenariocould see fusion reactors commercialised in the 2030s, but technical challenge remain. The pace of progress is however accelerating slowly (chart below).
This database summarises each company, including its technology, location, employee count, notable backers, technical technical readiness, earliest potential commercial date and recent milestones. Our notes also cover expected costs or technical details that have been disclosed.
So far we have reviewed 450 patents in the downstream oil and gas industry (ex-chemicals). A rare few prompted an excited thought — “that could be useful when IMO 2020 comes around”. Hence, this data-file summarises the top 25+ proprietary technologies we have seen to capitalise on the opportunity. They are summarised and “scored” by company.
We will also provide you with updates of this file, as we continue reviewing patents and technical papers.
This file will give a helpful overview of the different process technologies, which are used in LNG liquefaction: APCI, APX (Exxon), Optimised Cascade (Conoco), Fluid Cascade (Equinor), DMR, SMR, PRICO (Golar) and MMLS (Shell, small-scale). For each one, we summarise how it works, advantages and disadvantages, plus typical train sizes, energy efficiencies, examples and involved-companies. We also touch on applicability for FLNG and small-scale LNG.
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