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2019-10-02 11:05:00

UK'S FUSION INVESTMENT $246 MLN

UK'S FUSION INVESTMENT $246 MLN

PLATTS - The UK's ruling Conservative Party has pledged GBP200 million ($246 million) towards funding a commercial nuclear fusion power plant in the UK by 2040, according to a statement Sunday by Secretary of State for Business, Energy and Industrial Strategy Andrea Leadsom.

A UK Atomic Energy Authority spokesman told S&P Global Platts the funds were separate to the UK's participation via the EU in the global ITER fusion research project in France.

"The Government is…

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Tags: UK, BRITAIN, FUSION, INVESTMENT, ITER
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