The Tennessee Valley Authority has issued a letter of intent to fusion energy start-up Type One Energy regarding the utility’s interest in the potential deployment of Type One Energy’s fusion power plant technology at TVA’s former Bull Run fossil plant site once it is commercially ready.

Stellarator fusion energy company Type One Energy will collaborate with private equity firm Pine Island New Energy Partners (PINEP) to accelerate the maturation of a more robust supply chain for the fusion energy industry, the companies announced last week.

Type One Energy said it has entered into a cooperative agreement with the Tennessee Valley Authority to jointly develop plans for a potential TVA fusion power plant project in the Tennessee Valley region using Type One Energy stellarator fusion power technology. The company said its 350-MWe fusion pilot power plant, named Infinity Two, could provide a complementary source of baseload electrical generation for the region as early as the mid-2030s.