Lockheed Martin made quite a splash this week when it disclosed work on a compact fusion reactor that could be ten times more efficient than existing fusion designs. The company says a 100 megawatt version of the reactor capable of providing electricity for 80,000 homes could be mounted on a single truck, requiring only 55 pounds of low-cost hydrogen fuel per year to keep it going. Unlike with fission reactors, there would be no long-term problem with radioactive waste and no danger of a meltdown. But this is only one facet of Lockheed Martin’s rapidly-growing clean energy portfolio. It is building the world’s biggest ocean thermal energy conversion plant off China’s coast, partnering on tidal-energy projects, applying space technology to LNG supply-chain solutions, developing biomass energy concepts, working on smart-grid implementation, and fielding cyber defenses for critical energy infrastructure. I have written a commentary for Forbes here.
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