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Nuclear Fusion Powers Up for Commercial Breakthrough
iterhorst · 2026-05-01 · via BloombergNEF

Switched On episode description

Fusion energy is entering a new phase. After decades as a scientific pursuit, the sector is attracting billions in private and public capital, with big tech, oil companies and governments all racing to bring the first commercial plants online. Advances in areas like superconductors, materials and computing are opening new pathways, while surging demand for reliable, clean power, particularly from data centers, is accelerating momentum. But the landscape remains uncertain, with multiple competing technologies, ambitious timelines and no clear winner. So how close is fusion to commercial reality, and which approaches are most likely to deliver first? Tom Rowlands-Rees is joined by BloombergNEF’s lead nuclear analyst, Chris Gadomski, to discuss his note “Fusion Investment Pursuing Commercial Viability.”

Episode date

April 30, 2026