Nuclear Fusion / Supply Chain Spending Increases, But Challenges Remain

Industry group highlights need for long-term financial and policy certainty

Supply Chain Spending Increases, But Challenges Remain
If nuclear fusion can be replicated on Earth at an industrial scale, it could provide virtually limitless clean, safe, and affordable energy. Courtesy FIA/Nasa.

Spending on the supply chain for a new generation of advanced nuclear fusion reactors increased from about $485m in 2022 to $612m in 2023 with companies reporting plans to increase that spend by a further 21% in 2024.

The Fusion Industry Association’s (FIA) Supply Chain Report said the figures could represent a significant undercount because not all companies it surveyed provided spend data.

The report, derived from a survey of FIA members, highlighted a number of challenges and risks with a variety of critical components noted as having current or future supply risks. These components included cryogenic devices, high-temperature superconducting wire, power electronics and vacuum chambers.

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