Researchers developing cutting-edge fusion energy are being given investment of £410m investment to kickstart economic growth.
The funding will support rapid development of the UK fusion energy sector over the next two years, with investment in the skills needed for scientists, engineers, welders and programme managers to enter the cutting-edge industry. Fusion already supports at least 2,400 jobs in the UK, with thousands more to follow as the technology advances.
Industry leaders have been shortlisted by UK Industrial Fusion Solution
Mayor for the East Midlands Claire Ward said: “This is fantastic news for Nottinghamshire and the East Midlands, a region that’s ready and willing to lead the way in clean, green energy.
“I am delighted the government is committed to this investment in the East Midlands and look forward to working together to kickstart a green industrial revolutions, creating skilled jobs in our former coal mining communities.”
Five construction and engineering bids have progressed to the next round of the UKIFS competition to deliver the prototype fusion energy plant by 2040, driving progress towards the commercialisation of fusion in the UK to supply families and businesses with secure, clean and unlimited energy.
Professor Sir Ian Chapman, UK Atomic Energy Authority (UKAEA) CEO, said: “I am delighted by the strong support from government to delivering fusion as a safe, sustainable energy of the future, and to anchor this exciting new industry in the UK.”
