About this episode

This episode discusses the potential of commercial-grade fusion power as a solution to rising energy demands and challenges in the energy sector.

In an era of AI, data centers and electrification, rising power demand presents a range of challenges and investment opportunities across the energy sector. Bottlenecks in the supply chain, such as the backlog in gas turbine production, have grabbed headlines while the power-hungry digital infrastructure buildout lifts energy consumption. With the grid increasingly strained, commercial-grade fusion power is one innovative solution emerging in a rapidly evolving energy landscape. PGIM's Daleep Singh visits Commonwealth Fusion Systems CEO Bob Mumgaard for a conversation inside the facility that houses SPARC, the company's prototype for what could be the first commercially produced machine that generates net energy from fusion. This milestone – expected in 2027 – would be significant, paving the way for the first generation of fusion power plants. Like geothermal energy and small modular reactors, commercially viable fusion power could make the national grid better equipped to meet forecasts for intense electricity demand – using dispatchable, zero-carbon power that could be more resilient through periods of geopolitical strife. Institutional investors will continue to play a role…

People in this episode

Host: Daleep Singh

Guest: Bob Mumgaard

Topics covered

• fusion power
• energy sector
• investment opportunities
• supply chain
• electricity demand
• geopolitical strife

Keywords

• fusion energy
• energy consumption
• power grid
• net energy
• geothermal energy
• small modular reactors
• institutional investors

Mentioned in this episode

Organizations: Commonwealth Fusion Systems, PGIM

Products: SPARC

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