Quick Links

A day after announcing his party's plan for the environment and the economy, Liberal Leader Justin Trudeau along with candidates Jonathan Wilkinson, Terry Beech, and Adam Pankratz chose to visit General Fusion today to highlight the importance of Canadian investments in clean technology R&D.  It was a great, engaging discussion.

For many, nuclear fusion is the Holy Grail of energy, offering the possibility of limitless clean energy through harnessing the very same reaction that keeps our Sun burning.
While the potential of fusion is huge, it is a process that requires vast resources and effort, with the International Energy Agency stating that, "extreme temperatures and pressure are needed to initiate and sustain the fusion reaction, making it challenging." Fusion is different from the fission power that is used in our nuclear power stations in that energy is generated when atoms are brought together rather than blown apart, which causes radiation. British Columbia-based General Fusion are hoping that the technology and methods they are developing will herald a new era in nuclear fusion. They have developed what they describe as a "Magnetized Target Fusion system."

Commercial nuclear fusion or “fusion energy” is a long-standing goal in the energy business.  Essentially the same force that powers the stars, it promises clean, safe and almost limitless energy.  Yet harnessing it on Earth is highly challenging, both from a technical and from a commercial standpoint.  Over the course of the last few decades, government and private industry have been steadily overcoming these challenges to the point that we are very close now to having the ultimate energy source commercially viable.

Latest funding round brings total investment in the Burnaby, B.C.-based energy company to more than $100 million Canadian alternative energy company General Fusion has just completed its largest round of fundraising to date, in the amount of $27 million. The new funding, led by Malaysia’s sovereign wealth fund, brings the Burnaby, B.C.-based firm’s total venture capital raised to more than $100 million.

BC Premier Christy Clark chose General Fusion as the venue to introduce the Climate Leadership Team on Tuesday May 12th.  This team will provide government with expert advice and recommendations for Climate Action Plan 2.0 – the next phase of BC’s global leadership to tackle climate change.  The Premier said General Fusion was chosen as an example of the kind of clean energy enterprise that has emerged under BC’s climate leadership.

A Vancouver-area high-tech company developing fusion energy is stepping out of the often cloistered world of fusion science to crowdsource difficult engineering problems. General Fusion, a 65-person operation in the suburb of Burnaby, has allied with renowned US-based innovation crowdsourcing company Innocentive to find a seal for its fusion creation system.  The seal must withstand immense pressure, extreme, sun-like temperatures, and many colossal impacts.  Innocentive crowdsources innovative solutions from "the world's smartest people" who compete to provide solutions to business, social, policy, scientific and technical challenges.

The second annual NEXTBC Showcase of Innovation & Awards Night is fast approaching. DigiBC is bringing together some of BC’s top companies in technology, digital creativity and innovation, and giving the public the opportunity to learn about the great ideas and individuals behind them. Last year’s top five companies were General Fusion (Gold), D-Wave Systems (Silver), Avigilon (Bronze), CapTherm & UrtheCast. While not in the top five, FusionPipe won the Audience Choice award.