Sweden’s energy minister said that the additional 700 MW connector planned to link the German and Swedish electricity markets would be postponed until Germany splits its internal market into bidding zones that would increase the efficiency and lower the prices. Due to German demand, prices in southern Sweden jump from zero to €1 per kWh.

Commonwealth Fusion Systems, a start-up founded by MIT scientists is planning to build its first fusion power plant with a 400 MW capacity in an industrial park near Richmond in the early 2030s. It has not yet secured regulatory approval. It is first building a pilot machine in Massachusetts that will demonstrate the feasibility of its technology in 2027.