£2.5 billion for world-first prototype fusion energy plant

Thursday, 12 June 2025 10:49

A record £2.5 billion of additional funding has been announced this week by the Rt Hon Rachel Reeves, Chancellor of the Exchequer, to support the development of the world's first fusion power plant. The new prototype plant, known as STEP (Spherical Tokamak for Energy Production) will be built at the site of the former West Burton A coal power station near Retford and Gainsborough. The site was chosen by the government in 2022 as the location for the project, with the...Request free trial