Eni eyes Europe fusion plant by early 2040s

Italian energy group Eni aims to help develop a commercial fusion power plant in Europe by the early 2040s. Partnering with Commonwealth Fusion Systems, Eni also sees strategic growth opportunities in managing the fusion fuel cycle.

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The logo of Italian multinational energy company Eni is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren

ENI SPA aims to help bring a commercial fusion power plant to Europe by the early 2040s. The Italy-based energy group views nuclear fusion as its next refinery. The initiative comes amid rising competition in the global fusion sector.

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