Proxima Fusion to Build World's First Commercial Stellarator Fusion Power Plant in Bavaria
Proxima Fusion has signed a Memorandum of Understanding with the Free State of Bavaria, RWE, and the Max Planck Institute to construct the world's first commercial stellarator fusion power plant, named Stellaris, in Germany. The project includes a demonstration stellarator, Alpha, which aims to achieve net energy gain by the 2030s. The initiative is expected to create thousands of jobs, validate fusion technologies, and enhance Europe's energy security. The total project cost is estimated at €2 billion, with funding from private investors and state contributions.
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Proxima Fusion, in partnership with the Free State of Bavaria, RWE, and the Max Planck Institute for Plasma Physics, is set to develop the world's first commercial stellarator fusion power plant, Stellaris, at a former nuclear fission site in Gundremmingen. This follows the construction of a demonstration stellarator, Alpha, in Garching, anticipated to be operational in the 2030s and to achieve net energy gain.
The overall project aims to validate fusion technologies, create thousands of jobs, and integrate fusion into Europe’s energy mix. The initiative has an estimated cost of €2 billion, with funding from private investors and potential state co-financing.
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