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Nov 18, 2021

The chase for fusion energy

Posted by in categories: business, economics, nuclear energy, space travel

And just as private space travel is now materializing, many industry observers are forecasting that the same business model will give rise to commercial fusion — desperately needed to decarbonize the energy economy — within a decade. “There’s a very good shot to get there within less than ten years,” says Michl Binderbauer, chief executive of TAE Technologies. In the FIA report, a majority of respondents thought that fusion would power an electrical grid somewhere in the world in the 2030s.


An emerging industry of nuclear-fusion firms promises to have commercial reactors ready in the next decade.

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