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Nuclear
Kinsey Grant Baker
Kinsey Grant Baker
Energy Central Team
·Posted in Nuclear
Mon, Aug 4

NEWS: Fusion is At the Top of China’s Priority List

China has created a new state-owned company to further nuclear fusion as fast as possible. (Ignition)

  • China Fusion Energy Co. (a subsidiary of China National Nuclear Corporation) will focus on building a fusion plant with a budget of 15B yuan ($2.1B) from the state.

  • Worth noting: The US is home to the most fusion companies, but total funding stateside is much smaller. For example, the Milestone-Based Fusion Development Program has a total authorized budget of $415M through 2027.

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