Eni: framework agreement on fusion energy with CFS
(CercleFinance.com) - Eni announces that it has signed a framework collaboration agreement with Commonwealth Fusion Systems (CFS), a spin-out of the Massachusetts Institute of Technology (MIT), to accelerate the industrialisation of fusion energy.
This strategic agreement will leverage Eni's global engineering and project management experience in a series of projects to support CFS and the development/deployment of fusion energy on an industrial scale.
Eni says it is the first energy company to believe in and invest in fusion, a technology that could make a major contribution to the energy transition once it is developed at industrial level.
It adds that the first fusion energy pilot plant is currently being built and should be operational from 2025.
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This strategic agreement will leverage Eni's global engineering and project management experience in a series of projects to support CFS and the development/deployment of fusion energy on an industrial scale.
Eni says it is the first energy company to believe in and invest in fusion, a technology that could make a major contribution to the energy transition once it is developed at industrial level.
It adds that the first fusion energy pilot plant is currently being built and should be operational from 2025.
Copyright (c) 2023 CercleFinance.com. All rights reserved.