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Huge Growth In Fusion Energy Industry, Shows New Report

Melanie Windridge writes in Forbes about the growth of the fusion energy.

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The C3 Take
  • As the promise of nuclear fusion continues to increase, financial firms and the private sector are pouring money into startups.
  • Fusion companies have raised $4.8 billion in funding in the last year alone.
  • With the rapid influx of public and private investment into fusion, it is becoming increasingly likely that commercial fusion is attainable.
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“The new FIA survey shows that electricity generation remains the primary market for 85% of fusion players, followed by off grid energy or hydrogen and clean fuels (each named by 27% of respondents), highlighting the potential of fusion to produce not just electricity to the grid but as a way to enable deep decarbonization across the global economy.”

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Read the full article here.

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The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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