Last Friday, January 14, Professor Sergio Focardi and Eng. Andrea A. Rossi, both of the University of Bologna, announced to the world that they have a cold fusion device capable of producing more than 10 kilowatts of heat power, while only consuming a fraction of that.
This is the first public demonstration of a nickel-hydrogen fusion reactor capable of producing a few kilowatts of thermal energy. At its peak, it is capable of generating 15,000 watts with just 400 watts input required. On Saturday, a forum was opened allowing for questions online from around the world.
This recent public demonstration alone is is a huge development, but what's more, they also claim to be going into production, expecting to have these available for purchase commercially within a year. This would become the world's first commercially-ready "cold fusion" device. The first units are supposed to ship in three months, with mass production commencing by the end of 2011.
Licensees are mentioned, with contracts in the USA and in Europe. Mass production should escalate in 2-3 years. Presently Rossi says they are manufacturing a 1 megawatt plant composed of 125 modules.
Rossi estimates that the cost of energy made with this system will be below 1 cent/kWh, in case of electric power made by means of a Carnot cycle, and below 1 cent/4,000 M J in case of thermal power production for heating purposes.
That is several times cheaper than energy from fossil fuel sources such as coal or natural gas.
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