Type One Energy, Tokamak Energy and AECOM have announced the UK Infinity Fusion Consortium to pursue development of the first private-sector-led fusion power plant project in the United Kingdom. Together, the companies intend to develop a fusion project that is commercially credible, deployable using existing enabling technologies, and capable of attracting private capital.
Tag: nuclear
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UK Gov announces new era of clean energy transformation
Hot on the heels of the UK Government’s commitment to the most significant programme of investment in homegrown clean energy in the UK’s history, Secretary of State for Energy Security and Net Zero, Ed Miliband, has talked through what energy transformation means for the UK in coming years.
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Electricity demand set to soar
The increase in electricity consumption through 2027 is expected to average around 4% annually, says the International Energy Agency (IEA).