If all goes to plan, the US state of Virginia will be the site of the world’s first grid-scale nuclear fusion power plant, able to harness this futuristic clean power and generate electricity from it by the early 2030s, according to an announcement by the startup Commonwealth Fusion Systems.
CFS, one of the largest and most-hyped nuclear fusion companies, will make a multibillion-dollar investment into building the facility near the state capital, Richmond. When operational, the plant will be able to plug into the grid and produce 400 megawatts, enough to power about 150,000 homes, said its CEO Bob Mumgaard.
“This will mark the first time fusion power will be made available in the world at grid scale,” Mumgaard said.
Virginia Governor Glenn Youngkin welcomed the announcement, calling it “an historic moment for Virginia and …