The JET vacuum vessel near Oxford, UK. It holds the record for the amount of fusion power generated: 16 megawatts for just two seconds. Chris Roux / EUROfusion
The JET vacuum vessel near Oxford, UK. It holds the record for the amount of fusion power generated: 16 megawatts for just two seconds. Chris Roux / EUROfusion
The JET vacuum vessel near Oxford, UK. It holds the record for the amount of fusion power generated: 16 megawatts for just two seconds. Chris Roux / EUROfusion
The JET vacuum vessel near Oxford, UK. It holds the record for the amount of fusion power generated: 16 megawatts for just two seconds. Chris Roux / EUROfusion

Does a future exist with nuclear fusion?


Patrick Noack
  • English
  • Arabic

We are so used to it, we take it for granted. We may be conscious of its source, but are passive about the impact… someone else will find a cleaner solution. It comes through our walls and we just plug in. As if by magic, the lights go on, the phone is charged and the blender, well, blends.

I’m talking, of course, about electricity.

Electricity appeared on streets in 1881 in London, and in our homes in the early 1900s. And now it mostly runs in the background to power our lives. So much so that, globally, annual electricity consumption now stands at approximately 23 trillion kilowatt hours. With that come a large amount of carbon emissions – about one billion tonnes annually. A fifth of that is produced through sustainable means, like wind or solar power.

You see the scale of the challenge, particularly as electricity consumption is set to further increase amid a transition toward wider scale electrification, like with our vehicles and mass transit, something we are researching at the Dubai Future Foundation.

Cop26, the UN conference on climate change, is less than two months away and solutions to ensure our existence on this planet are needed. Fast.

Enter nuclear fusion.

The concept is as follows: at very high temperatures you smash together two atoms; energy is released as they fuse into a new single atom. In principle this sounds easy. In practice, the system needs to be heated to 100 million degrees – hotter than the centre of the sun – and the resulting burning plasma needs to be maintained for as long as possible to gain heat that can be converted to electric energy and helium.

That’s the reaction that takes place on the sun, so it's definitely scary to develop this here on Earth.

Recently, however, important progress has been reported by the National Ignition Facility in California and separately by MIT. NIF ignited a hydrogen fuel pellet to the point of being self-sustaining, for a fraction of a billionth of a second. MIT meanwhile has produced the world’s most powerful magnet to keep the super-hot plasma pellet in position.

Indeed, the science is very hard, the engineering nigh impossible, but the rewards are potentially enormous: carbon-less almost free energy for all – if commercialisation and distribution are worked out. And although energy is abundant in this part of the world, it will still make environmental sense to explore the opportunities.

Researchers recognise that it is too big a task for any country to crack this nut, so multi-country collaborations have emerged. Among the most important ones to date, and still in existence, is the International Thermonuclear Experimental Reactor, the result of an agreement between Ronald Reagan and Mikhail Gorbachev.

Eagle-eyed historians will immediately note the context: fusion science is not exactly new. Indeed, the early concepts date as far back as the 1950s. Much fusion research and development followed globally during a period of time when electricity consumption increased by multiples in a number of countries, most notably the US. Given the complexity of the task, fusion had consistently and frustratingly been referred to as always being 30 years away. And that has been true throughout. Now, the urgency and the promise have meant that both public and private money has poured into fusion research and development and an industry association for the fusion sector has emerged. It may well be that the global efforts are chipping away at the 30-year future and it no longer represents moving goal posts.

To get humanity there will take three important steps.

First, investment – both public and private money – some tens of billions of dollars. As a commentator in an online forum put it: “Fusion research should be on humanity’s top five priority list, and it’s cheap: it’s five days of the US Federal Reserve’s Quantitative easing. We can afford it.” One can challenge the exact amounts but the affordability and urgency in the current context should be clear.

If the funding is in place, the second step, the hard science, will also eventually be overcome. For decades fusion has been progressing steadily and slowly as each technical challenge is addressed. The inflection point reached now with ignition is critical and will likely accelerate some of the other approaches to fusion.

And so, the third step is time. For years, fusion had been referred to as the technology of the future that never came. It has been 70 years in the making.

Think that’s a long time? For building a device that can safely smash atoms at 100 million degrees, re-creating the sun on earth and harvesting more energy than was put in for this reaction? Well, next time you see an incandescent light bulb, the one with the filament inside that heats up and creates light, you might appreciate that it took Joseph Swan and Thomas Edison 30 years to develop a filament that could be used commercially in bulbs. Fusion deserves our patience. But what it needs is money, thought and time.

Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
  • Visibility: Often dramatic with thick "walls" of sand
  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Directed: Smeep Kang
Produced: Soham Rockstar Entertainment; SKE Production
Cast: Rishi Kapoor, Jimmy Sheirgill, Sunny Singh, Omkar Kapoor, Rajesh Sharma
Rating: Two out of five stars 

If you go...

Fly from Dubai or Abu Dhabi to Chiang Mai in Thailand, via Bangkok, before taking a five-hour bus ride across the Laos border to Huay Xai. The land border crossing at Huay Xai is a well-trodden route, meaning entry is swift, though travellers should be aware of visa requirements for both countries.

Flights from Dubai start at Dh4,000 return with Emirates, while Etihad flights from Abu Dhabi start at Dh2,000. Local buses can be booked in Chiang Mai from around Dh50

The%20specs
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GOLF’S RAHMBO

- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

HOW TO WATCH

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Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

RACE CARD

5pm: Maiden (PA) Dh80,000 1,400m
5.30pm: Maiden (PA) Dh80,000 1,200m
6pm: Arabian Triple Crown Round-1 (PA) Listed Dh230,000 1,600m
6.30pm: HH The President’s Cup (PA) Group 1 Dh2.5million 2,200m
7pm: HH The President’s Cup (TB) Listed Dh380,000 1,400m
7.30pm: Wathba Stallions Cup (PA) Handicap Dh70,000 1,200m.

What is the Supreme Petroleum Council?

The Abu Dhabi Supreme Petroleum Council was established in 1988 and is the highest governing body in Abu Dhabi’s oil and gas industry. The council formulates, oversees and executes the emirate’s petroleum-related policies. It also approves the allocation of capital spending across state-owned Adnoc’s upstream, downstream and midstream operations and functions as the company’s board of directors. The SPC’s mandate is also required for auctioning oil and gas concessions in Abu Dhabi and for awarding blocks to international oil companies. The council is chaired by Sheikh Khalifa, the President and Ruler of Abu Dhabi while Sheikh Mohamed bin Zayed, Abu Dhabi’s Crown Prince and Deputy Supreme Commander of the Armed Forces, is the vice chairman.

Countries recognising Palestine

France, UK, Canada, Australia, Portugal, Belgium, Malta, Luxembourg, San Marino and Andorra

 

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

MATCH INFO

Uefa Champions League quarter-final second leg:

Juventus 1 Ajax 2

Ajax advance 3-2 on aggregate

The specs

Engine: 2.0-litre 4-cylturbo

Transmission: seven-speed DSG automatic

Power: 242bhp

Torque: 370Nm

Price: Dh136,814

Teenage%20Mutant%20Ninja%20Turtles%3A%20Shredder's%20Revenge
%3Cp%3E%3Cstrong%3EDeveloper%3A%20%3C%2Fstrong%3ETribute%20Games%3Cbr%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20Dotemu%3Cbr%3E%3Cstrong%3EConsoles%3A%20%3C%2Fstrong%3ENintendo%20Switch%2C%20PlayStation%204%26amp%3B5%2C%20PC%20and%20Xbox%20One%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
Silent Hill f

Publisher: Konami

Platforms: PlayStation 5, Xbox Series X/S, PC

Rating: 4.5/5

Tearful appearance

Chancellor Rachel Reeves set markets on edge as she appeared visibly distraught in parliament on Wednesday. 

Legislative setbacks for the government have blown a new hole in the budgetary calculations at a time when the deficit is stubbornly large and the economy is struggling to grow. 

She appeared with Keir Starmer on Thursday and the pair embraced, but he had failed to give her his backing as she cried a day earlier.

A spokesman said her upset demeanour was due to a personal matter.

ELIO

Starring: Yonas Kibreab, Zoe Saldana, Brad Garrett

Directors: Madeline Sharafian, Domee Shi, Adrian Molina

Rating: 4/5

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Most wanted allegations
  • Benjamin Macann, 32: involvement in cocaine smuggling gang.
  • Jack Mayle, 30: sold drugs from a phone line called the Flavour Quest.
  • Callum Halpin, 27: over the 2018 murder of a rival drug dealer. 
  • Asim Naveed, 29: accused of being the leader of a gang that imported cocaine.
  • Calvin Parris, 32: accused of buying cocaine from Naveed and selling it on.
  • John James Jones, 31: allegedly stabbed two people causing serious injuries.
  • Callum Michael Allan, 23: alleged drug dealing and assaulting an emergency worker.
  • Dean Garforth, 29: part of a crime gang that sold drugs and guns.
  • Joshua Dillon Hendry, 30: accused of trafficking heroin and crack cocain. 
  • Mark Francis Roberts, 28: grievous bodily harm after a bungled attempt to steal a £60,000 watch.
  • James ‘Jamie’ Stevenson, 56: for arson and over the seizure of a tonne of cocaine.
  • Nana Oppong, 41: shot a man eight times in a suspected gangland reprisal attack. 
Racecard
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Updated: September 16, 2021, 7:00 AM