Bill Gates-Backed Nuclear Fusion Developer Wants to Deploy a Reactor in Japan
"A U.S.-based nuclear fusion developer wants to deploy a reactor in Japan in the late 2030s or early 2040s," reports Bloomberg, "in line with the Asian country's broader plans to adopt the potent, low-carbon energy source." Commonwealth Fusion Systems, which last week announced it raised $863 million from investors including Nvidia, has been in dialogue with Japanese government officials on the use of its technology, CEO Bob Mumgaard said in an interview in Tokyo on Wednesday... Several countries are eyeing the technology for its climate and energy security benefits but only some, like China, the U.S., Russia and South Korea have managed to crack the basics. Japan revised its national strategy in June to support fusion deployment and build a demonstration plant in the 2030s. The article notes that Commonwealth "does not currently have any reactors in operation" — but that Mitsubishi this week invested in the company, in collaboration with a consortium of 12 Japanese companies. From Mitsubishi's announcement: The Japanese Consortium will acquire technical and commercial expertise in policy, regulatory, and the development, construction, operation, and maintenance of ARC [power plant] from CFS's commercialization projects in the United States. In addition, each consortium company will bring together its know-how and expertise and aspire to expedite the commercialization and industrialization of fusion energy power generation in Japan.

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