fusion energy Archives | Be Korea-savvy

Korea Expands Fusion Energy Budget With Focus on AI and Innovation

SEOUL, Jan. 22 (Korea Bizwire) — South Korea said Wednesday it will sharply increase investment in nuclear fusion research this year, nearly doubling its budget as the government accelerates efforts to move the technology from laboratory development toward real-world demonstration and eventual commercialization. The Ministry of Science and ICT announced that it has finalized its 2026 [...]

General Fusion and UK Atomic Energy Authority (UKAEA) Announce Collaborative Agreement to Advance Commercial Fusion Energy

VANCOUVER, British Columbia, Oct. 17 (Korea Bizwire) — Today, General Fusion and the UKAEA kick off projects to advance the commercialization of magnetized target fusion energy as part of an important collaborative agreement. With these unique projects, General Fusion will benefit from the vast experience of the UKAEA’s team. The results will hone the design [...]