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Company Announces Construction of "Grid-Scale" Fusion Power Plant

Futurism LogoFuturism21h ago

Company Announces Construction of "Grid-Scale" Fusion Power Plant - Futurism

Quick Summary:

  Energy startup Commonwealth Fusion Systems has announced that it will begin construction of the "world's first grid-scale" nuclear fusion power plant near Richmond, Virginia.

The MIT spinout announced that it was "one step closer" to making fusion energy — fusing atoms together inside a reactor, much like the process that powers stars — a reality by making a multibillion-dollar investment in the plant.

The company hopes to build the Virginia plant by the "early 2030s," according to an MIT press release.


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Article Details

Author / Journalist: Victor Tangermann

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-20 @ 18:12:03 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: futurism.com

Language: English

Article Length: 604 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Futurism

News ID: 24570573

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About Futurism

Main Topics: Technology

Official Website: futurism.com

Update Frequency: 8 posts per day

Year Established: 1997

Headquarters: United States

News Last Updated: 17 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #68

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The outlet is headquartered in United States and publishes an average of 8 news stories per day.

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