Japan sets up nuclear fusion industry forum to bring tech to market

IHI and JGC join startups in public-private drive to speed development

20231225N nuclear fusion

Japanese startup EX-Fusion is working on an experimental laser fusion reactor. (EX-Fusion)

KENTO FUKUI, Nikkei staff writer, and KAZUNARI HANAWA, Nikkei climate change editor

TOKYO -- Japan will launch an umbrella organization for the nascent fusion power industry in March, bringing together players from the private sector, government and academia to develop technology and sales channels for commercialization.

Participants will include engineering companies like IHI, JGC Holdings and Obayashi; energy group Inpex; and such startups as Kyoto Fusioneering and EX-Fusion, as well as materials makers and trading houses. The government will continue to recruit members until its launch.

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