The frontrunners in the trillion-dollar race for limitless fusion power
fastcompany.com
fastcompany.com
What then? How do you make a viable power station that is practical to make in a timely manner and requires little to run compared to solar with some form of storage?
And that's ignore that you'd be dumping so much heat keeping it fusing that it'd do what we do today with a blanket of CO2 but directly.
Before that, I'd short the stock of every coal mine I could.
So, do short coal, but not because fusion will ever produce so much as one solitary kWh of commercially competitive energy. It will not.
There will not even be "limited fusion power".
What there is, in their place, is defrauding investors. There is plenty of that. (NRGV, e.g.) Such investors are supposed to be able to look after themselves, but often enough they are pension funds managing what is supposed to be people's retirement money.
In short: yes, deuterium is cheap, relative to the energy available from fusing it. Even tritium is cheap. But actually extracting that energy in usable form is extremely expensive. It is, in fact, overwhelmingly more expensive than extracting energy from fission.
And fission is not competitive. Existing fission plants will be mothballed as their output is undercut by renewables to the point where no one will pay enough for it to support continued operation.
Renewable energy is not at that point yet, but its cost is still in free fall.
The main alternative would be to move a fair amount of industry into space, but even then thermal management is not trivial.
Dumping heat into the air as cooling is one of those things that’s taken for granted.
So when your rube goldberg plasma machine produces ten times as much heat as work then we need to end exponential growth before the transition happens rather than 50-10 years after and immediately replace it with solar. If it produces 100x as much heat as work, it's not even useful for that.
Luckily the process of extracting the energy and containing the plasma is so convoluted it's never going to be viable anyway even if the fusion step works.
Inertial confinement might result in a viable machine, but I'm not holding my breath