Fusion Energy Tracker
Fusion represents the ultimate promise of the Second Atomic Age — unlimited clean energy from hydrogen isotopes. Track progress from lab to commercial reality.
Fusion Milestone Timeline
SPARC high-temperature superconducting magnet achi…
Copernicus device achieved plasma temperatures of …
First ignition: 3.15 MJ output from 2.05 MJ laser …
Secured €16M seed round; HTS stellarator design pu…
Polaris device (7th) achieved >100M°C in self-heat…
FuZE-Q device demonstrated stable shear-flow stabi…
Plasma Injector 3 demonstrated plasma compression …
Vacuum vessel sector assembly completed; machine a…
Demonstration Phase
ITER
Vacuum vessel sector assembly completed; machine assembly entering critical phase
ITER is the world's largest tokamak, under construction in France with 35-nation collaboration. Targeting Q=10 (ten times energy input). Revised timeline targets first plasma 2033 with full D-T operation by 2039. Budget overruns delayed original 2025 target.
Pre-Commercial
Helion Energy
Polaris device (7th) achieved >100M°C in self-heated D-He3 plasma — first commercial-scale demonstration
Helion's unique D-He3 FRC approach uses magnetic reconnection for direct electricity conversion — no steam turbines. Microsoft contracted for power delivery by 2028. Polaris achieved fusion temperatures; net electricity demonstration pending.
Commonwealth Fusion Systems
SPARC high-temperature superconducting magnet achieved 20T field strength — world record for fusion-relevant magnets
CFS is building SPARC, a compact high-field tokamak using revolutionary HTS magnets. Its 20T magnet demo validated the physics basis. ARC power plant targeting first plasma 2025, commercial power by early 2030s. Backed by $1.8B from institutional investors.
General Fusion
Plasma Injector 3 demonstrated plasma compression targets; UK demonstration plant site selected at Culham
General Fusion uses mechanical pistons to compress a magnetized plasma — a simpler, lower-cost approach. UK demonstration plant planned at Culham. Amazon's Jeff Bezos is an investor. Targets commercial power by 2030.
Research & Development
NIF / LLNL (National Ignition Facility)
⚡ Q>1First ignition: 3.15 MJ output from 2.05 MJ laser input — Q>1 achieved (December 2022)
NIF achieved a historic milestone in December 2022 — the first fusion experiment to produce more energy than the laser energy delivered to the target (Q>1). Subsequent shots have repeated ignition. Commercial development requires laser efficiency improvements from ~1% to >20%.
TAE Technologies
Copernicus device achieved plasma temperatures of 75 million°C, exceeding fusion threshold
TAE Technologies pursues p-B11 (proton-boron) aneutronic fusion via FRC plasmas. Their Copernicus machine hit 75M°C, well above ignition temperature for their fuel cycle. Commercial target 2030, requiring further plasma density improvements.
Zap Energy
FuZE-Q device demonstrated stable shear-flow stabilized Z-pinch plasma at fusion-relevant parameters
Zap Energy's shear-flow Z-pinch approach eliminates the need for expensive magnets or lasers — a potentially transformative cost reduction. Spinning plasma flows stabilize the pinch. FuZE-Q demonstrated fusion-relevant plasma; commercialization target 2031.
Renaissance Fusion
Secured €16M seed round; HTS stellarator design published, targeting simpler steady-state plasma
Renaissance Fusion is building a high-temperature superconducting stellarator — inherently steady-state unlike tokamaks. Early stage but technically differentiated approach. EU-based with French government support.
The Fusion Investment Thesis
Three converging factors make this the pivotal decade for fusion: HTS magnet breakthroughs enabling compact tokamaks, over $5B in private capital chasing the market, and AI/hyperscaler electricity demand creating an urgent commercial pull for carbon-free baseload.
The NIF achieved scientific breakeven (Q>1) in December 2022 — the first time in history. While commercial laser fusion requires laser efficiency improvements from ~1% to 20%+, the physics are proven. Multiple subsequent shots have repeated ignition.
Watch for: CFS SPARC first plasma (2025), Helion Polaris net electricity demonstration (~2026), General Fusion UK demo site operations (~2027), and ITER first plasma (revised to 2033). Each milestone de-risks the broader sector.