Two small British companies believe they are on the verge of a breakthrough that has eluded scientists for more than 60 years — to deliver clean, cheap energy by harnessing the nuclear fusion. The failure of sustained attempts to develop fusion power since the 1950s has left the undertaking tainted by claims it is a fool’s errand. But this has not put off investors from backing scientists working on quite different approaches at two private laboratories in Oxfordshire: Tokamak Energy and First Light Fusion. Both have set the ambitious goal of delivering a working reactor ready for commercialisation by 2030, 10 years earlier than the nearby UK Atomic Energy Authority which runs the state-funded fusion programme.
FT 27th Dec 2019 read more »