Multi-million-pound investment to advance fusion fuel development
17 January 2025
A multi-million-pound investment will be used to develop new ways to produce the fuel needed for fusion energy, a clean and potentially limitless source of power.
The investment, from the UK Government and industry, will support the development of new technologies that could make fusion fuel production more efficient and cost-effective.
Fusion energy is the process of combining two atoms to form a single heavier atom, releasing vast amounts of energy in the form of heat. This heat can then be used to generate electricity.
Fusion fuel is a form of hydrogen called deuterium, which is found in seawater. However, the current method of producing deuterium is expensive and energy-intensive.
The new technologies being developed will aim to reduce the cost and energy use of deuterium production, making fusion energy more commercially viable.
The investment will be used to support research at the UK Atomic Energy Authority (UKAEA) and other leading research institutions.
UKAEA CEO Ian Chapman said: “This investment is a major boost for fusion energy research in the UK. It will allow us to develop new technologies that could make fusion fuel production more efficient and cost-effective, bringing us closer to the goal of making fusion energy a reality.”
The UK Government has committed to investing £200 million in fusion energy research over the next five years. The investment will be used to support the development of new fusion technologies, including the development of new fusion fuels.
The fusion industry is also investing heavily in research and development. In 2022, the global fusion industry invested over $2 billion in research and development.
The investment in fusion fuel development is a significant step towards making fusion energy a reality. Fusion energy has the potential to provide a clean and limitless source of power, helping to address the global climate crisis.
Multi-million-pound investment to advance fusion fuel development
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