Fusion Technology Is Reaching a Turning Point That Could Change The Energy Game Completely

Our society faces the grand challenge of providing sustainable, secure, and affordable means of generating energy while trying to reduce carbon dioxide emissions to net zero around 2050. To date, developments in fusion power, which potentially ticks all these boxes, have been funded almost exclusively by the public sector. However, something is changing. Private equity investment in the global fusion industry has more than doubled in just one year – from US$2.1 billion in 2021 to US$4.7 billion in 2022, according to a survey from the Fusion Industry Association. So, what is driving this recent change? There’s lots to be excited about.

 

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