UK government must act now to capture fusion’s £5bn global economic opportunity – report
The Fusion industry Association (FIA) has laid out policy recommendations to ensure the UK attracts fusion investment and secures its position in the global fusion race. The UK aims to be a global leader in clean energy innovation. At the end of last week, energy secretary Ed Miliband outlined ‘ambitious reforms’ as part of the government’s Clean Power 2030 Action Plan. While fusion power is still in the research phase and will not be part of the 2030 decarbonisation goals, it has been predicted that it will be on the grid by 2040. Fusion is a potential source of almost limitless clean energy, which its seen as vital for energy security and the climate crisis. The UK’s Atomic Energy Authority (UKAEA) is currently building the UK’s first prototype fusion energy power plant, the Spherical…