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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.

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.

“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.”

Read the full article here.

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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