The UK Government’s direct investments in fusion energy over the past decade has helped boost the economy by £1.4 billion.

That’s according to a new study by London Economics and published by BEIS, which reveals the investment of £346.7 million has also supported an average of 4,000 jobs every year.

The study looked at the financial and economic impacts of public investments in the UK Atomic Energy Authority’s (UKAEA) fusion research from 2009 and 2019 and found that for every £1 invested in UKAEA, around £4 is generated in return.

Fusion energy is a form of low carbon energy, whereby the power of the Sun is replicated on Earth.

At equal mass to traditional energy sources, fusion energy is believed to release nearly four million times more energy than the burning of coal, oil or gas and four times as much as nuclear fission reactions.

Source: Energylivenews