U.S. fusion pilot program ready to back designs from industry-led teams

September 27, 2022, 7:00AMNuclear News
(Image: Ana Kova /USFusionEnergy.org)

The Department of Energy announced up to $50 million for a new milestone-based fusion energy development program on September 22. The funding opportunity announcement is open to for-profit companies—possibly teamed with national laboratories, universities, and others—that are prepared to meet major technical and commercialization milestones leading to a pilot fusion power plant design.