November 28, 2024
Amid the hullaballoo about #netzero and its effects on the UK economy, I visited a group of low-carbon innovators to see how they’re making energy more sustainable and efficient for future generations.
Day one of the two-day London Climate Technology Show yesterday drew a good crowd of energy and business people, prospective customers and collaborators and encouragingly, several young folk, keen to explore solutions to big problems.
On show near the entrance was First Light Fusion, which aims to supply safe, cheap, baseload electricity by recreating on earth the generating power of the sun – on a smaller scale!
Fusion is the holy grail as it produces none of the long-lived radioactive waste that’s a problem for fission reactors such as two being built in Britain – Hinkley Point C and Sizewell C. The challenge for fusion is generating more output than input while achieving the high temperatures required to start and maintain a reaction without destroying the containment vessel.
A big technical breakthrough came in December 2022 when the National Ignition Facility in California achieved its first ignition, producing 3.15 megajoules of fusion energy from 2.05 MJ of laser energy.
The advance prompted a rush of start-ups so there are now 44 fusion hopefuls in the West and an unknown number in China, offering different ways to commercialise the concept. Established in 2011, First Light is among the pioneers.
The company’s ‘inertial’ method works by firing a 100g projectile at up to 14,500mph into a vacuum chamber, compressing and heating fuel to create the conditions required for fusion. The Oxford firm is backed by long-standing investors including IP Group.
At their stand at lunchtime on the first day, First Light CFO David Bryon and Mohamed Ben Sasi (above, right), adding investment manager to his role of physicist, said the response at the show was positive, as it had been at other recent events including one aimed at students.
Also welcoming delegates was Olivia Smith, partner at sustainability consultant at CGI. She said the management and technology consultancy was seeing high UK demand for its skills in helping organisations tackle the challenges of the age, such as such as decarbonisation and AI. With few or no large rivals present, CGI made the most of its stand with a giant, illuminated global map.
Also on show was Wielkopolska, a region of Poland known for its industry and tourism, located midway between Warsaw and Berlin. An official said civic administrators were attracted by the UK’s openness and culture of collaboration, adding the region had a strong relationship with Scotland.
Here, Piotr Napierała explained how his company, Virtud, is transforming the energy efficiency of homes and businesses by installing systems that combine solar PV with hydrogen cells. Demand has risen with the growth in multi-rate tariffs, allowing customers to buy and store energy off-peak.
The CEO of niche consultancy The Perfect Process told delegates about applying ‘lean thinking’ to business processes. Working with his team, Neil Trivedi brings to bear a career in industry and manufacturing to boost efficiency, making factories greener and reducing both waste and energy use.
Next door, Hazel Gonda, Chief Innovator and co-founder of Fibe, told how the company aims to revolutionise fashion by making sustainable fibres for textiles from potato waste. Its material uses 99.7% less water, with no additional land needed, and emits 82% less CO2 than cotton. Hazel and her colleagues, who met while studying at Imperial College, raised £1m last year to fund growth.