Scientists want to build a supercollider three times larger than the Large Hadron Collider. PA
Scientists want to build a supercollider three times larger than the Large Hadron Collider. PA
Scientists want to build a supercollider three times larger than the Large Hadron Collider. PA
Scientists want to build a supercollider three times larger than the Large Hadron Collider. PA

Successor to Large Hadron Collider planned to unlock secrets of the universe


Nicky Harley
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Scientists are seeking to build a supercollider three times larger than the Large Hadron Collider (LHC) in a bid to access more of the universe's secrets.

So far the LHC has enabled researchers to detect a new particle called the Higgs Boson but since the discovery in 2012 further attempts to uncover dark matter and dark energy have failed.

The new atom-smasher, called the Future Circular Collider (FCC), will cost £12bn to build and would be built in two phases, one in 2040 and the other in 2070.

It would be funded by member nations of the European Organisation for Nuclear Research (Cern), including the UK.

Cern's Director General, Fabiola Gianotti, said a more powerful instrument was needed to allow humanity to "make enormous steps forwards in answering questions in fundamental physics about our knowledge of the universe".

At 91km the circumference of the FCC will be nearly three times that of the LHC, and it will be twice as deep.

The present LHC, which cost £3.75 billion to build at Cern in Switzerland, has not yet been able to find particles that will help to explain 95 per cent of the cosmos.

The 27km-long LHC is the machine that found the Higgs Boson particle, which along with its linked energy field is thought to have played a vital role in the formation of the universe after the Big Bang, 13.7 billion years ago.

The Higgs finding proved that particles acquire mass by churning through an invisible field, like winter shoes gathering snow, and was a moment of excitement for physicists working on the theory.

The LHC flings particles at each other at nearly the speed of light and was the first collider powerful enough to generate enough evidence for the Higgs Boson particle, which is produced in about one in every billion of these collisions.

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The struggle is on for active managers

David Einhorn closed out 2018 with his biggest annual loss ever for the 22-year-old Greenlight Capital.

The firm’s main hedge fund fell 9 per cent in December, extending this year’s decline to 34 percent, according to an investor update viewed by Bloomberg.

Greenlight posted some of the industry’s best returns in its early years, but has stumbled since losing more than 20 per cent in 2015.

Other value-investing managers have also struggled, as a decade of historically low interest rates and the rise of passive investing and quant trading pushed growth stocks past their inexpensive brethren. Three Bays Capital and SPO Partners & Co., which sought to make wagers on undervalued stocks, closed in 2018. Mr Einhorn has repeatedly expressed his frustration with the poor performance this year, while remaining steadfast in his commitment to value investing.

Greenlight, which posted gains only in May and October, underperformed both the broader market and its peers in 2018. The S&P 500 Index dropped 4.4 per cent, including dividends, while the HFRX Global Hedge Fund Index, an early indicator of industry performance, fell 7 per cent through December. 28.

At the start of the year, Greenlight managed $6.3 billion in assets, according to a regulatory filing. By May, the firm was down to $5.5bn. 

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Updated: March 05, 2024, 11:37 AM