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US-based Commonwealth Fusion Systems (CFS) and Italy’s Eni have signed a strategic framework agreement to advance commercialisation of fusion energy. This new multi-year collaboration builds on long-term cooperation between the two companies. CFS said the agreement is based on mapping existing collaboration and a shared belief that innovative fusion energy research combined with the speed of the private sector can deliver the fastest path to clean commercial fusion energy to combat climate change. The initiative will allow the two companies to join forces in several exploratory domains such as technology collaboration, supply chain development, and innovative solutions and business models for CFS’ global ARC business.
- Source: NEI Magazine
- Date: Saturday, 18 March 2023
- Original article: neimagazine.com/news/newscommonwealth-fusion-systems-and-eni-agree-on-fusion-commercialisation-10682640