U.S. senators from both parties introduced legislation to accelerate development of power plants run by fusion reactions, an emerging technology that one day could help fight climate change.
A conversation with Andrew Holland, CEO of the Fusion Industry Association.
The United States and Japan on Wednesday announced a joint partnership to accelerate development and commercialization of nuclear fusion.
FIA member Proxima Fusion raises $21M in seed round of funding.
Japanese companies are racing to create momentum for fusion power, a nascent technology that is rapidly gaining attention in the U.S., the U.K. and China as a potential source of clean energy.
Many energy experts consider nuclear fusion the North Star—a way to generate cleaner and more affordable electricity than fossil fuels without creating long-term nuclear waste. Right now, major corporations, including MicrosoftMSFT -0.2%, ChevronCVX -0.3%, and Shell, are sending billions of dollars into the field. While success is in sight, other specialists caution against creating too much hype.
A company says it has reached a “major milestone” in its quest to design a power plant capable of producing energy from nuclear fusion. First Light Fusion, in Yarnton, Oxfordshire, has increased the distance a projectile is fired into the fuel by more than ten times.
It’s time for the EU to step up and remove bottlenecks preventing fusion energy from its full realisation, at a time when public support and private investments for the development of fusion energy have risen, said the European Commission’s Elena Righi Steele at a recent Euractiv event.
Nuclear fusion startups are optimistic about harnessing a near-limitless supply of energy, but the path to commercialization remains unclear.
Gov. Jay Inslee today is signing legislation that clearly establishes fusion power — energy that’s made by slamming together small atoms under high pressure — as a source of clean energy that could help the state meet its climate goals.