Italian energy group Eni is considering stepping up its investment in nuclear fusion, Reuters reported on 13 April. Eni in March committed €50m ($62m) Commonwealth Fusion System, a firm set up by the Massachusetts Institute of Technology (MIT). Eni’s head of development operations and technology, Roberto Casula, estimates it will cost $3bn to develop a 200MW fusion reactor by 2033 and says Commonwealth Fusion System is looking to raise more funds. Casula noted Eni had signed a deal giving it the right to use the project’s intellectual property. “The eventual stake we’ll have in the company will be decided when there is an overall investment agreement, also depending on how much they will raise,” Casula said.

• China
• Nuclear fusion
• Fusion power
• Tokamak
• ITER
• Italy

Source: NEI Magazine

Date: Wednesday, 25 April 2018

Original article: neimagazine.com/news/newsitalys-growing-interest-in-fusion-6127924

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