Mizuho Financial Group Global
Recent Trends in Fusion Energy Power Generation
Pages
38
Time to read
51 mins
Publication
Language
English
Pages
38
Time to read
51 mins
Publication
Language
English
This technical report outlines recent trends in fusion energy power generation, focusing on the path to commercialization. It discusses the advancements made in fusion energy research, particularly in generating and maintaining high-temperature plasma, which has led to increased private sector development and funding. The report details the initiatives taken by major countries, including the US and UK, towards constructing fusion reactors by 2035 and 2040, respectively. It also highlights Japan's strategy, which includes responding to the ITER project and supporting fusion start-ups. The report emphasizes the importance of promoting the fusion industry and the need for Japan's industrial sector to strengthen its involvement through investments and alliances. Additionally, it describes the differences between fusion and fission energy generation processes and outlines the major methods of fusion energy generation. The report concludes with a discussion on the potential of fusion energy to contribute to carbon neutrality and energy security.