Description

Nuclear fusion commercialization will address challenges related to climate change, sustainable development, and the ever-growing energy demand. According to the World Nuclear Association, global electricity demand is anticipated to increase by more than 50% by 2040, which highlights the urgent need for innovation to develop clean and sustainable energy sources. Nuclear fusion reactors can create a continuous, clean, and stable energy supply, which is expected to significantly decrease the dependence on fossil fuels.

In response to this urgent global need, the nuclear fusion industry has made immense progress toward technology commercialization, with cumulative investments crossing the $6 billion mark in 2023. Strong industry and government financial support highlight the growing confidence in fusion energy commercialization and its potential as a revolutionary solution for the future. The successful commercialization of fusion-based power generation is likely to transform the global energy industry due to its ability to offer virtually inexhaustible and clean electricity.

The research covers the following topics:
•     Overview of fusion energy technologies
•     Comparison of key fusion approaches currently being pursued
•     Major stakeholders within the nuclear fusion ecosystem
•     Patent landscape and growth opportunities