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Tag: xcimer energy inc

DOE picks eight fusion companies to design pilot power plants

June 2, 2023, 9:30AMNuclear News
Announcing the funding for commercial fusion energy development were Asmeret Asefaw Berhe (top left), director of the DOE-OS; Jennifer Granholm, secretary of energy (top right); and Arati Prabhakar (bottom), director of the White House Office of Science and Technology Policy and science advisor to the president.

From a crowded field of would-be fusioneers, the Department of Energy has selected eight companies for the public-private Milestone-Based Fusion Development Program to develop fusion pilot plant designs and resolve related scientific and technological challenges within five to 10 years. The DOE announced awards totaling $46 million for an initial 18 months of work on May 31.