Investors play a pivotal role in the success of Solid State Fusion. By providing capital, this field could lead to the safest, cheapest, suitably power-dense energy source ever developed by humans.

The following four challenges related to generating energy for powering society should be the focus and concern of every policymaker, government bureaucrat, investor, and consumer.

Only nuclear energy solves all four challenges: It produces no greenhouse gas emissions, has minimal environmental pollution, provides energy security, and facilitates sustainable, just economic growth. All other energy choices, including wind and solar, must trade off across these dimensions.

Fossil fuels are particularly problematic along the dimensions of climate disruption and environmental pollution. For those countries lucky enough to have fossil fuels readily available in their geographies, fossil fuels provide energy security and can lead to just economic growth if a country’s political system does not lead to concentrated control of fossil fuel resources. This growth, however, is not sustainable given that the resource is non-renewable.

While renewables are starting to become a more noticeable part of this portfolio mix, we are still far away from substantively changing how we generate energy. Without a change to the energy investing portfolio, we will be unable to find an optimal path and will likely end up with suboptimal outcomes.

While developing, improving, maintaining, and managing both energy supply and demand are critical to achieving an optimal balance across the above challenges, modifying the portfolio allocation of energy supplies is more likely to lead to optimal outcomes.

Otherwise, the world will eventually sink into intractable problems that will most likely lead to an uninhabitable planet.

Current portfolio allocation is more a result of historical chance than clear thinking about optimal outcomes. The current outcome has created well-funded companies that lobby to keep the energy portfolio allocation more or less the same, regardless of consequences.

Most stakeholders and decision-makers in the energy space do not have the right information and/or their incentives are not aligned with climate outcomes.

Given the superiority of all kinds of nuclear energy sources (fission, hot fusion, and cold fusion/LENR) in producing a better balance across the challenging energy landscape, society at large has materially under-allocated investment to the nuclear space while massively increasing allocation to certain renewables like solar and wind.

Cold fusion/LENR/LANR is an area that needs much more investment. To start, we refer to this category as Solid State Fusion (SSF) as it better represents the range of possibilities and is easier for non-experts to remember and eventually understand.

While competing optimization methodologies would generate different target allocations, we can start with the fact that many countries at COP 28 signed up to tripling nuclear energy allocation. With a few assumptions, we should see at least 1 to 2% of the overall energy portfolio allocation focused on SSF.

We are working with and looking for like-minded individuals to harness resources so that we materially increase the investment allocation to nuclear energy and SSF among the many energy sources available today.

SSF could lead to the safest, cheapest, suitably power-dense energy source humans have ever developed. Commercialized, scalable SSF could be the ultimate solution to the energy dilemma, leading to social stability and economic growth never seen before. The result would be a genuinely abundant society.

Non-profits have followed suit and tend to anchor-invest only in solar and wind without understanding that regardless of how cheap or ubiquitous solar and wind become, they cannot resolve, in an optimal way, the energy dilemma. In fact, the more allocation to solar and wind, the more entrenched oil and gas will remain as many industrial processes, such as steel production, cement production, and chemical production can never fully switch to renewables due to reliance on process heat and the need for firm baseload power.

In this case, the primary high-density energy source needed to power modern economies will always be fossil fuels, except where nuclear energy is deployed and the few geographically blessed locations with sufficient hydropower or geothermal energy.

Thus, we are left with the challenge of material under-investment in some of the most promising energy sources like SSF and small-modular-reactors (SMRs) and over-investment in good, but inadequate energy sources like solar and wind. Note that in some arenas such as microchips and satellites, early investment was almost entirely from governments and these industries would likely not have developed as quickly or as profitably as they later became without that substantial anchor investment. The modern world would be quite different had microchips and satellites followed a much slower development path.

Given the investment under-allocation to SSF and other new nuclear technologies such as SMRs and the difficult risk/return assessment due to deep uncertainty related to SSF, we are looking for ways to do the following.