UK Nuclear Fusion Industry Welcomes ‘Greater Certainty’ Provided By New Strategy

Market could be worth $40tn in a few decades, says FIA

UK Nuclear Fusion Industry Welcomes ‘Greater Certainty’ Provided By New Strategy
The Step prototype fusion power plant is planned for a former coal facility at West Burton in Nottinghamshire. Courtesy UKAEA.

The UK’s nuclear fusion industry has welcomed a new strategy announced on 16 March that makes the country’s government the first globally to commit to publish a market framework for the deployment of commercial fusion plants.

The UK Fusion Industry Association (FIA) said the strategy gives greater certainty to the global fusion industry as the majority of companies aim to provide fusion-generated power in the 2030s.

Tristram Denton, FIA UK director, said committing to publish details of the UK market framework for commercial fusion is a vital step, giving fusion companies far greater commercial certainty as they prepare to deliver plants which will provide power in the 2030s.

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