2030s target for grid connected fusion energy
Private companies are targeting commercial fusion and producing significant breakthroughs that will lead to a commercial power plant, a survey has found.
The Global Fusion Industry in 2021 survey from the Fusion Industry Association and the UK Atomic Energy Authority compiled information from 23 private companies developing commercial fusion power.
“Fusion has the potential to revolutionise the low-carbon energy supply and provide the non-variable power that will be required to meet the world’s ambitious goals. This report shows how, largely outside the headlines, the private fusion industry is accelerating towards commercial power,” said Melanie Windridge, communications director at the Fusion Industry Association. “The ambitious timescales highlighted in our first Fusion Companies Survey demonstrate the drive and commitment that exists within this growing industry.”
There are now at least 35 global fusion companies (12 are either early stage or in stealth mode so declined to participate in the survey) and progress is accelerating. Of the 23 companies featured, 15 (65 per cent) were founded since 2010.
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