UK government pledges £410m for fusion energy development
The investment will facilitate the rapid advancement of the UK fusion energy sector from 2025 to 2026.
16 January 2025
16 January 2025
The investment will facilitate the rapid advancement of the UK fusion energy sector from 2025 to 2026.
The operational segment of the power plant comprises three units, with a combined capacity of 1.8GW.
The Climate Investment Funds (CIF) capital markets mechanism (CCMM) has made its market debut with an inaugural bond that raised $500m.
Reliance NU Suntech has secured the largest individual allocation of 930MW through a competitive e-reverse auction.
Rosatom, the Russian state atomic energy corporation, and Vietnam's state-owned power utility EVN have agreed to enhance nuclear collaboration.
Europe's gas storage was 69% full on 7 January, down from 84% on the same date last year.
The deal could be signed by the first week of February.
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