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Keyword：commercial fusion power plant
Laser Fusion Startup Xcimer Receives Up to $30.5 Million in Milestone-Based Funding from U.S. Department of Energy
U.S. excimer laser inertial confinement fusion company Xcimer Energy recently announced that it has reached an agreement with the U.S. Department of Energy (DOE) to receive up to $30.5 million in funding support through the DOE's Milestone-based Fusion Development Program. The funds will be disbursed in installments based on the progress achieved toward predetermined R&D milestones. Previously, in June 2026, the U.S. Department of Energy formally approved the preliminary conceptual design and technology development roadmap milestones for Xcimer's fusion power plant architecture, Athena. The Athena architecture is specifically designed for continuous operation, industrial-scale capacity, and a self-sustaining fuel cycle...
2026-10-08
Italy's Eni Plans to Build Commercial Nuclear Fusion Power Plant in Europe by Early 2040s
Italian energy company Eni plans to build a commercial nuclear fusion power plant in Europe by the early 2040s or sooner. Francesca Ferrazza, head of Eni's magnetic confinement fusion project, stated that nuclear fusion technology has seen significant progress in recent years, and competition in the field is accelerating. Ferrazza said that nuclear fusion, which was previously confined mainly to the research stage, has now begun to meet the conditions for industrial application. She noted that Eni's goal is to promote the deployment of a commercial nuclear fusion power plant in Europe by the early 2040s, or even earlier. Eni has also shown interest in the extraction, purification, and recycling of spent fusion fuel back into reactors. Recently, Eni has...
2026-08-24