Three companies join forces to push UK commercial fusion power closer to reality

Category: Magnets, Stellerator, Superconductors, Tokamak, Tritium

From left to right, Chris Mowry, CEO of Type One Energy, Jennifer Jordan-Saifi, CEO of the Sustainable Markets Initiative, Warrick Matthews, CEO of Tokamak Energy, and Troy Rudd, Chairman and CEO of AECOM, gather before UK Infinity Fusion Consortium and Sustainable Markets Initiative Astra Carta banners, marking the launch of the first private-sector-led fusion power plant project in the United Kingdom.
From left to right, Chris Mowry, CEO of Type One Energy, Jennifer Jordan-Saifi, CEO of the Sustainable Markets Initiative, Warrick Matthews, CEO of Tokamak Energy, and Troy Rudd, Chairman and CEO of AECOM, gather before UK Infinity Fusion Consortium and Sustainable Markets Initiative Astra Carta banners, marking the launch of the first private-sector-led fusion power plant project in the United Kingdom.

The UK Infinity Fusion Consortium signing brought together the leaders of all three partner organisations at a moment of heightened UK-US cooperation on commercial fusion development

(Image courtesy of Tokamak Energy)

Type One Energy, Tokamak Energy, and AECOM have launched the UK Infinity Fusion Consortium, a private-sector alliance targeting development of the first privately led fusion power plant project in the United Kingdom. The announcement, made on 6 May 2026, positions the Consortium as a commercially focused complement to the UK Government’s existing fusion programme. Together, the partners aim to deliver a project that is deployable using existing enabling technologies and structured to attract private capital – a combination designed to make fusion commercially credible and privately financeable.

Chris Mowry, CEO of Type One Energy, said the initiative is designed to close the gap between energy innovation and energy infrastructure by aligning fusion technology, advanced manufacturing, and power plant engineering in a commercially viable package. Warrick Matthews, CEO of Tokamak Energy, said the Consortium puts the company’s magnet technology and manufacturing expertise at the centre of another world-class fusion programme, with the goal of accelerating toward commercialising a new form of clean energy while strengthening the UK supply chain’s leadership in global fusion. Troy Rudd, Chairman and CEO of AECOM, added that delivering on fusion’s potential requires disciplined engineering, well-established infrastructure delivery models, and collaboration across the entire energy ecosystem.

Lord Vallance, UK Minister for Science, Innovation, Research and Nuclear, confirmed government backing of over £2.5 billion for fusion, alongside a recently announced UK-US deal covering closer cooperation on fusion research and development. Lord Stockwood, UK Minister for Investment, said the Consortium will play a key role in new fusion projects, creating opportunities for local communities and supporting economic growth as the UK moves toward net zero. Jennifer Jordan-Saifi, CEO of the Sustainable Markets Initiative, said the three companies coming together demonstrates the organisation’s mandates in action, with business and finance working to turn breakthrough innovation into measurable progress.

UK Infinity Fusion Consortium combines stellarator design, HTS magnets, and engineering capabilities

At its core, the Consortium draws on three distinct industrial capabilities. Type One Energy brings its 400 MWe Infinity Two stellarator fusion power plant design. AECOM contributes engineering capabilities. Tokamak Energy provides high-temperature superconducting (HTS) magnet technology and UK-based manufacturing capacity – the same superconductor expertise it is deploying as magnet systems partner for the government’s STEP Fusion programme.

The Consortium’s approach leans on a foundation already being built in the United States. The first-of-a-kind Infinity Two project is located at the Tennessee Valley Authority’s Bull Run site, targeted for commercial operation in 2034, with US government fusion programmes providing support. The UK Infinity Two project will draw on the technical and programmatic experience gained from that deployment, giving it a technical and programmatic foundation from the outset.

Broader supply chain participation is built into the model. The Consortium will seek to involve construction, finance, offtake, and other supply chain partners from across the UK fusion value chain, reinforcing the industrial base alongside the technical programme.

Magnetic confinement expertise anchors UK Infinity Fusion Consortium supply chain strategy

The UK Infinity Fusion Consortium is explicitly aligned with the UK Government’s recently announced UK Fusion Strategy, which aims to move the country from fusion science to commercial deployment. The Consortium will create a private-sector-led commercialisation pathway that complements the STEP Fusion programme, further scaling growth of the UK fusion supply chain and strengthening the country’s industrial base.

All three Consortium members belong to the Sustainable Markets Initiative, a global CEO-led network founded by King Charles III to lead the private sector in accelerating the transition to a sustainable economy. King Charles III referenced UK-US fusion partnerships directly in his address to the United States Congress, framing the announcement as part of a broader bilateral push on clean energy. The Consortium’s next steps will focus on developing the UK Infinity Two project while expanding participation across the UK fusion value chain.

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