Context
The race is on for large-scale production of fusion energy, with significant investments being made globally.
Question
What steps he is taking to attract private sector investment for a fusion reactor. Last December, Donald Trump's media and technology group purchased a Californian-based fusion energy company, putting his son Donald Jr. on the board in a $6 billion deal. The race is on for fusion energy production at scale. Will the Minister join me in welcoming the appointment of ILIOS consortium, led by Kier and Nuvia, to construct a fusion power plant in north Nottinghamshire? I am sure he agrees that will mean jobs and new skills and training for my constituency and beyond.
Answer from Chris McDonald
I do indeed welcome the £200 million design and build contract for ILIOS with, as my hon. Friend mentioned, Kier and firms like Turner & Townsend who can be relied on to deliver. We have allocated £1.3 billion over the spending review period for fusion.
Not addressed: The answer did not confirm if the government will support ILIOS consortium specifically or address all aspects of private sector investment mentioned in the question.
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