Nuclear fusion just passed a major milestone: Generating more energy than used to create the reaction
The National Ignition Facility target chamber at the Lawrence Livermore National Laboratory is where scientists shoot lasers and watch and measure what happens when those lasers collide on a fuel source. Temperatures of 100 million degrees and pressures extreme enough to compress a target up to 100 times the density of lead are created in this facility.
Photo by Damien Jemison/ Lawrence Livermore National Laboratory
On Tuesday, the head of the Department of Energy and other federal scientific leaders announced that a fusion reaction run at the Lawrence Livermore National Laboratory in California achieved net energy, meaning the reaction generated more energy than was put in to initiate the reaction. It is the first time humankind has achieved this landmark.
Fusion is the way that the sun makes power, but recreating a useful fusion reaction here on earth has eluded scientists for decades. Achieving net positive energy paves the way for fusion to move from a lab science to a usable energy source.
Fusion is particularly attractive given the increasing urgency of climate change because it produces no carbon emissions, nor does it produce the long-lasting nuclear waste associated with nuclear fission, which is the type of nuclear energy used today.
The event happened on Dec. 5, the Lawrence Livermore National Laboratory said on its Twitter account on Tuesday. “On December 5, 2022 a team from DOE’s @Livermore_Lab made history by achieving fusion ignition.” it wrote. “Also known as scientific energy breakeven, the experiment produced more energy from fusion than the laser energy used to drive it.”
“This is important. Earlier results were records, but not yet producing more energy out than was put in,” Andrew Holland, the CEO of the industry’s trade group, the Fusion Industry Association, told CNBC. “For the first time on Earth, scientists have confirmed a fusion energy experiment released more power than it takes to initiate, proving the physical basis for fusion energy. This will lead fusion to be a safe and sustainable energy source in the near future.”
One step toward the ‘holy grail’ of clean energy
Speculation swirled in the days leading up to the press conference because the interest in fusion as a potential viable energy source has increased dramatically in recent years as concerns about climate change and energy security have become more acute.
More than 90 nuclear power reactors currently operate in the United States, but those nuclear reactors are making energy with nuclear fission, which is when a neutron smashes into a larger atom, causing it to split into two smaller atoms and releasing a lot of energy. Nuclear fission reactions do not release any carbon dioxide emissions and there for are considered clean energy, according to the U.S. Department of Energy.
The United States got approximately 19 percent of its utility-scale electricity generation from those nuclear power plants in 2021, according to the U.S. Energy Information Administration, and the energy from nuclear fission reactors represents half of the clean power generated in the United States, according to the Department of Energy.
However, those reactors generate long-lasting nuclear radioactive waste when they operate, and most countries, including the United States, currently have that nuclear waste sitting on dry cask barrels on nuclear reactor sites all over the country. Efforts to build a permanent, underground geologic storage for nuclear fission waste have thus far been stymied in the United States.
Fusion happens when two atoms slam together to form a heavier atom, releasing huge amounts of energy without generating carbon dioxide emissions or long-lasting nuclear waste. But it’s proven extremely challenging to sustain a fusion reaction here on earth, and scientists have been chasing trying for decades. In particular, it requires massive amounts of energy to generate fusion on reactions, and until this experiment, nobody had demonstrated the ability to get more energy out of the reaction than it takes to power it.
“Scientists have struggled to show that fusion can release more energy out than is put in since the 1950s,” plasma physicist Arthur Turrell told CNBC.
“During those decades, every time anyone has asked for funding for developing fusion power, the response has always been ‘first, you must show that it works in principle,'” Turrell said. “That is, you must show that a fusion experiment can produce more energy than it uses. The researchers at Lawrence Livermore have done this for the first time ever.”
The success could also spur more private investment in fusion, which is already a hot space –so far, investors have poured almost $5 billion in investment into private fusion energy startups, according to the Fusion Industry Association, and more than half of that has been since since the second quarter of 2021.
“Everyone in the laser fusion (or inertial confinement fusion) community has been focused on getting to more energy out than in on a single experiment, because that is the key to showing the proof of principle and unlocking further investment and interest,” Turrell told CNBC.
Indeed, the private fusion industry is seeing this as a win.
“Now, the privately funded fusion industry will take the next steps, turning experimental results like this into a viable source of clean, safe energy,” Holland told CNBC. “In short, this will show the world that fusion is not science fiction: it will soon be a viable source of energy. Of course there are still many steps between these experimental results and fusion power plants, but this is an important milestone that brings us closer to the day when fusion will provide the world with clean, safe, and abundant energy.”
French equipment manufacturer Manitou has committed to a joint venture with Chinese forklift manufacturer Hangcha that will see the two companies develop and manufacture advanced lithium-ion batteries to support the electrification of the heavy material handler space.
Manitou is well-known in the West, so they need no introduction. Hangcha, though, is arguably just as capable of a company, having opened its first forklift plant in 1956, manufacturing others’ designs under license. They developed their own, in-house material handler in 1974, and have racked up hits ever since. Hangcha is currently the world’s eighth-largest manufacturer of industrial vehicles globally (sounds wrong, but here’s the source).
The plan for the JV is to upgrade the two companies’ deployed fleets of existing lead-acid battery-powered vehicle with longer lasting lithium-ion (li-ion) batteries to expand their operational lifespan. From there, the focus could switch to diesel retrofits and, eventually, the joint development of entirely new products.
“Deepening strategic cooperation with Manitou Group and jointly establishing a lithium battery joint marks a new phase in the partnership between the two sides, which is a milestone in Hangcha global industrial layout,” explains Zhao Limin, Chairman and General Manager of Hangcha Group. “Leveraging Hangcha’s core technological and manufacturing strengths in lithium battery solutions, we will collaboratively enhance solution capability of new energy industrial vehicle power systems. This partnership perfectly aligns with our shared objectives to accelerate electrification transformation and drive sustainable development, while providing robust support to the broader industrial vehicle market.”
Manitou MHT 12330
Once production begins, the joint venture factory will play a key role in supporting Manitou Group’s “LIFT” strategic roadmap. LIFT aims to expand Manitou’s electric vehicle lineup of telehandlers and forklifts, and have EVs account for 28% of total unit forklift sales by 2030. Hangcha Group, meanwhile, has publicly stated its intention to become 100% electric by the end of 2025.
This joint venture plans to recruit employees including engineers, operators, sales representatives and after-sales service technicians. Le Mans Metropole will support the recruitment and local integration and training of future employees.
SOURCE | IMAGES: Manitou; images by Manitou, via Belkorp AG.
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Environment
With another tariff deadline looming, these 10 things are going the right way for stocks
New car buyers like to talk about the latest tech and resale value, but most people don’t buy new cars. The used car market is 3x bigger than new, and if you’re content to let the last guy take that big depreciation hit by scoring a great deal on a reliable, low-mile used car you could save thousands on your next EV.
I know what you’re thinking: these posts are always weird because they’re disproportionally impacted by the COVID-era supply chain disruptions, and the obscene dealer mark-ups that came along with them.
But looking into the data shows trends that are much closer to the kind of think you’d expect to see before COVID, with high-end luxury models like S-Class Mercedes that trade on being new and shiny taking massive depreciation hits and more mainstream offerings from brands like Toyota and Honda that trade on economy and reliability holding strong.
That usual luxury brand hit seems like it’s being compounded over at Tesla, where Elon Musk’s highly publicized political leanings have polarized support for the brand, and alienated a huge portion of the market. Demand for new and used Tesla vehicles has plummeted, and iSeeCars reports that the Tesla Model S suffered the biggest percentage price drop of all makes and models over the last twelve months, showing the pioneering electric sedan’s average price in June 2025 at $46,700, nearly 16%, or $8,800 lower than it was 12 just months earlier.
This isn’t a post about Tesla, though (not intentionally, at least). Instead, it’s about those EVs that have lost the most value since they were first sold new five-ish years ago. So, if you’re looking for a great deal on a pre-loved EV, you could do a lot worse than the list, below, presented in order from biggest “loss” of value.
Top 10 fastest-depreciating EVs
| Make & Model | MSRP | Avg. 5 yrs | >Difference | % Change | |
|---|---|---|---|---|---|
| 1 | Audi Q8 e-tron | $74,400 | $20,958 | -$53,442 | -71.9% |
| 2 | Jaguar I-Pace | $72,000 | $20,047 | -$51,953 | -72.2% |
| 3 | Tesla Model S | $74,990 | $27,835 | -$47,155 | -62.9% |
| 4 | Nissan Leaf (SV Plus) | $36,190 | $13,000 | -$23,190 | -64.1% |
| 5 | Tesla Model X | $79,990 | $32,940 | -$47,050 | -58.8% |
| 6 | Mercedes EQS | $104,400 | $41,121 | -$63,279 | -60.6% |
| 7 | Tesla Model Y | $44,990 | $23,775 | -$21,215 | -47.2% |
| 8 | Hyundai Kona Electric | $32,675 | $13,860 | -$18,815 | -57.6% |
| 9 | Tesla Model 3 | $38,990 | $20,950 | -$18,040 | -46.3% |
| 10 | Porsche Taycan | $99,400 | $48,445 | -$50,955 | -51.3% |
| 11 | Ford Mustang Mach-E | $39,995 | $21,600 | -$18,395 | -46.0% |
Disclaimer: the models and pricing shown, above, were sourced from CarsDirect, Carscoops, iSeeCars, USNews, and Yahoo!Finance. These deals may not be available in every market, and the standard “with approved credit” fine print should be considered implied. Check with your local dealer(s) for more information.
If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.
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