This Bill Gates-Backed Fusion CEO Wants to Sell Nuclear Energy Like a Utility
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This Bill Gates-Backed Fusion CEO Wants to Sell Nuclear Energy Like a Utility
Type One Energy CEO Chris Mowry is forcing fusion to meet the unglamorous demands of cost, reliability and paying customers.
Fusion energy has spent decades proving it can work. Chris Mowry, an energy industry veteran with more than 30 years of experience, is focused on something harder: proving it can sell. As CEO of Type One Energy, a fusion startup backed by Bill Gates’ Breakthrough Energy Ventures, Mowry is pushing the industry beyond scientific milestones and into the economics of real-world power. His test is straightforward: Can fusion meet the same standards utilities apply to any energy source: reliability, cost and availability.
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“The real transition to commercialization is signaled when end-customers start to pay companies for their fusion technology itself, rather than a conditional commitment to purchase power in the event it is produced sometime in the future,” he told Observer.
That shift is becoming more urgent. Fusion........
