In a major step toward realizing practical fusion energy, Tokamak Energy Inc., the U.S. subsidiary of the UK-based fusion company Tokamak Energy, has been selected to participate in the U.S. Department of Energy’s (DOE) Fusion Innovative Research Engine (FIRE) Collaboratives. The $128 million initiative aims to accelerate cutting-edge fusion science and technology, uniting national laboratories, universities, and private industry to push the boundaries of clean energy innovat

As a rough estimate, China could now be spending $1.5 billion each year on fusion — almost double what the US allocated this year.