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U.S.-German Startup Plans to Build Fusion Plant in Germany

Summary by Oil Price
Focused Energy, a U.S.-German start-up pursuing laser-driven fusion power, has signed a non-binding agreement with the largest German electric utility RWE and the state of Hessen to build a fusion research and development facility in Germany, Focused Energy’s CEO Scott Mercer told Reuters on Monday. Focused Energy plans to have the facility erected by 2035 at the site of the former Biblis nuclear power plant, which was operated by RWE. The forme…

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Oil Price broke the news in London, United Kingdom on Monday, March 24, 2025.
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