UK and US announce first joint project in fusion energy innovation바카라 사이트�바카라 사이트�
UK and US launch 拢40.5 million joint fusion project with Tokamak Energy to advance clean energy technology that will unlock near-unlimited clean power.
- New바카라 사이트痯roject to strengthen UK and US partnership on fusion energy聽
- key step towards unlocking near-unlimited clean power바카라 사이트�
- technology to strengthen energy security and create new jobs바카라 사이트�바카라 사이트�
A major project to help develop cutting-edge fusion energy has been agreed between the US and UK 바카라 사이트� in partnership with UK based company Tokamak Energy 바카라 사이트� boosting UK바카라 사이트檚 mission to become a clean energy superpower.바카라 사이트�바카라 사이트�
This first-of-its-kind project between both governments will be backed by 拢40.5 million to advance lithium research 바카라 사이트� driving progress towards commercialising fusion energy, a technology that could generate a near unlimited supply of clean electricity for families and businesses.바카라 사이트�
Fusion works by combining two forms of hydrogen and heating them at extreme temperatures, releasing vast amounts of energy. The project leverages funding from the US into UK supply chains and growth of high-quality jobs.聽
The project will start in 2025 at Tokamak Energy바카라 사이트檚 Oxfordshire facility. It will focus on enhancing the efficiency and durability of plasma-facing components 바카라 사이트� a critical challenge in unlocking fusion바카라 사이트檚 potential.바카라 사이트�바카라 사이트�
This is the first joint project since the UK and US announced their fusion energy partnership in November 2023. It underscores the UK바카라 사이트檚 leadership in fostering public-private collaboration to accelerate fusion energy development 바카라 사이트� a technology poised to revolutionise clean energy.바카라 사이트�
Climate Minister Kerry McCarthy said:바카라 사이트�
The UK and US are world leaders in the development of fusion energy and I바카라 사이트檓 delighted that both sides are collaborating to accelerate progress, which will help deliver new jobs across the country, grow our economy and make us more energy secure.聽
This project represents a bold step forward in the global race to commercialise fusion. By working with our international partners and the private sector, we are paving the way for a future of clean, limitless energy.
Dr. Geraldine Richmond, Under Secretary for Science and Innovation at the US Department of Energy said:바카라 사이트�
This represents a huge leverage opportunity for advancing fusion science and technology.바카라 사이트�
These new investments will strengthen our partnerships with the private sector and our international allies. Each partner stands to gain significantly more than the funds committed.
Tokamak Energy CEO Warrick Matthews said:바카라 사이트�
Tokamak Energy is thrilled to be involved in this exciting new public private partnership.바카라 사이트�바카라 사이트�
Our ST40 facility in Oxfordshire is the world바카라 사이트檚 highest magnetic field spherical tokamak and the results of this mission will help accelerate progress on both sides of the Atlantic.
Notes to editors
The project known as LEAPS will be backed by 拢40.5 million, with 拢13.5 million coming from the UK through the Fusion Futures Programme, 拢13.5 million from the US and 拢13.5 million from Tokamak Energy.聽
The UK바카라 사이트檚 share comes from the existing Fusion Futures programme which was launched in 2023 that has budget allocated for international research collaboration.
The budget set for the Future Fusion Programme under the previous government totals 拢650 million.