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Oct 24, 2021

Nuclear fusion edges toward the mainstream

Posted by in categories: government, nuclear energy

ABINGDON, England — Harnessing fusion energy into something commercially viable — and maybe, ultimately, a clean source of power that replaces fossil fuels for centuries to come — has long been considered by some as the ultimate moonshot.

But investor interest in fusion energy continues to slowly rise, and the number of startups in the field is multiplying, with an estimated 1,100 people in several countries making their living at these firms. An industry is taking shape, with a growing network of companies that supply highly specialized equipment, like the components of the powerful magnets that fusion devices require.

The British government even recently saw the need to issue regulations for fusion energy — a kind of milestone for a burgeoning industry.

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