Fusion power plants don’t exist yet, but they’re making money anyway

Commonwealth Fusion Systems has secured Eni, an oil and gas giant, as a customer for its future fusion power plant in Virginia, despite the plant not yet being built. The fusion industry is seeing significant investments and agreements for power purchase even before functional reactors are completed. While progress has been made by companies like Commonwealth, Helion, and Zap Energy, none have achieved a working reactor for commercial use. Despite the financial backing, the fusion industry is still in development, with concerns about the high expectations and reliance on unproven technology.