Investments in fusion energy efforts globally increased for yet another year, but the growth was slower than in the previous two years as many companies in the industry expect funding to be a major challenge in the medium term, the Fusion Industry Association FIA said in its annual report. The fourth annual “Global Fusion Industry Report” showed that $900 million of new funds backed the technology promising zero-emission energy since last year.
The sector needs continued support from public and private investors if it is to continue to innovate.” According to Holland, “The next few years are vital to making the vision of sustainable and abundant fusion energy a reality.” Although nuclear fusion has been long recognized as totally carbon- and by-product-free and the source atoms in hydrogen are abundant on Earth, replicating the Sun's natural processes of fusion energy generation on Earth has been a challenge for decades.
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