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World's First Fusion Power Plant Set for Virginia by Early 2030's

  • Commonwealth Fusion Systems will build its first commercial-scale power plant just outside of Richmond, Virginia, aiming to connect it to the grid in the early 2030s.
  • The power plant, named ARC, is expected to generate 400 megawatts of electricity.
  • Commonwealth Fusion Systems is leasing land for ARC from Dominion, with no money changing hands between the two partners.
  • The startup plans to use magnetic confinement fusion, compressing superheated plasma with powerful magnets.
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  • 55% of the sources are Center
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Richmond BizSense broke the news in Richmond, United States on Tuesday, December 17, 2024.
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