China has established a new state-owned company, China Fusion Energy Inc, to centralize the country’s nuclear fusion research and development efforts and address key challenges in the field.
The company aims to leverage national resources and industry input to develop a high-quality energy industry and has formed a collaborative innovation consortium comprising 25 entities, including state-owned enterprises and universities.
China’s focus on nuclear fusion reflects a global trend of countries investing in fusion research due to its potential to provide safe, clean, and almost limitless energy, with China aiming to build an industrial prototype fusion reactor by 2035 and have the technology in large-scale commercial use by 2050.