Helion, a fusion power company, and Nucor Corporation, a steel producer and recycler in North America, have partnered to develop a 500 MWe fusion power plant at a Nucor steel manufacturing facility in the U.S. The collaboration hopes to accelerate the clean energy transition in the industrial manufacturing sector.
While the investment by Nucor in Helion will fasten steps towards sustainable, carbon-free industrial manufacturing, fusion power will modernize energy supply for Nucor's steel manufacturing operations with baseload zero-carbon electricity.
“This project marks a tremendous milestone in the potential for the use of nearly limitless clean electricity for industrial manufacturing,” said Nucor CEO Leon Topalian.
Helion has constructed six working fusion prototypes and achieved 100-million-degree plasma temperatures. The company is currently building its seventh prototype, Polaris, which is expected to demonstrate electricity production from fusion.