Commonwealth Fusion Systems plans to build the world's first grid-scale fusion power plant in Virginia, targeting operation by the early 2030s.

Commonwealth Fusion Systems (CFS), a major fusion energy company, plans to build the world's first grid-scale fusion power plant in Virginia, aiming to deliver power by the early 2030s. CFS, which has raised over $2 billion since 2018, will collaborate with Dominion Energy for site development. The plant, known as ARC, could power about 150,000 homes and marks a significant step towards producing carbon-free energy. CFS is currently developing its fusion demonstration machine, SPARC, expected to produce its first plasma in 2026.

3 months ago
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