Nuclear fusion companies growing, attracting more money – 89% of the companies responding to the survey said they foresee that fusion will provide electricity to the grid by the end of 2030s. Most see that happening by 2035.

    https://www.axios.com/2024/07/17/nuclear-fusion-companies-funding

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    5 Comments

    1. From the article

      >[**Nuclear fusion**](https://www.axios.com/2022/12/15/nuclear-fusion-materials-science) **companies are** seeing significant growth, despite steep technical hurdles to overcome before this technology can deliver energy at scale, a new report finds.

      >**Why it matters:** Fusion has the [potential to be a game-changer](https://www.axios.com/2022/12/13/nuclear-fusion-energy-technology-milestone) in generating electricity, but it’s long been viewed as just out of reach. The report shows more money than ever is flowing into this area, with new companies forming in the U.S. and other countries.

      >**Zoom in:** Many in the industry now say they’re closer than ever to sorely [needed breakthroughs](https://www.axios.com/2023/08/07/nuclear-fusion-net-energy-gain-second-time-us-scientists) that would yield a virtually unlimited power source.

    2. Peto_Sapientia on

      I think this really depends on the method used. The wave method has a lot of potential. Well find out here in a few years.

    3. People honestly have no concept how long it takes to go from experimental to reality. Not to mention the decades it takes from planning to fighting nimbys to actually building a plant.

    4. Not_an_okama on

      It’s good business to say your tech works or is very close to it. I’m under 30 but doubt we will see commercial fusion power in my lifetime. Just use solar and wind, they already work great and are clean.

      You can even argue that solar is a collection mechanic for our local fusion reactor (the sun)