Fusion energy storage state power investment

What is fusion energy?

Fusion energy is a potential source of on-demand, safe, and abundant energy with zero carbon emissions. Building on many decades of investment in fusion science and technology, the Department of Energy (DOE) is excited to release this fusion energy strategy in support of the White House’s Bold Decadal Vision for Commercial Fusion Energy.

Is fusion energy a safe source of primary energy?

Fusion can potentially provide a safe, abundant, zero-carbon-emitting source of reliable primary energy. Over the past decade, the landscape around fusion energy research and development (R&D) has evolved significantly, especially in the United States.

What is the DOE fusion energy strategy?

Building on many decades of investment in fusion science and technology, the Department of Energy (DOE) is excited to release this fusion energy strategy in support of the White House’s Bold Decadal Vision for Commercial Fusion Energy. Our strategy aims to accelerate the viability of commercial fusion energy in partnership with the private sector.

Can energy storage be integrated into fusion power supply system?

To address these issues, this study proposed an innovative approach integrating energy storage into fusion power supply system.

Is fusion a future commercial energy technology?

The more than $6 billion of cumulative equity investments into private fusion companies, with 80% of these investments into United States fusion companies, is an indication of fusion’s potential upside as a future commercial energy technology.

Could fusion energy be a major contributor to future electric power systems?

Cambridge, MA, September 12, 2024 — The MIT Energy Initiative, in collaboration with the MIT Plasma Science and Fusion Center, has released a new report that shows that fusion energy could be a major contributor in future electric power systems and identifies what is required to achieve that potential.