Ge Long Hui·2025-07-22 16:34Core Viewpoint - Two major nuclear power companies, China Nuclear Power and Zhejiang Energy Power, announced their investment in China Fusion Energy Co., aiming to strengthen their positions in the nuclear fusion sector and support the national energy transition strategy [2][6]. Investment Details - China Nuclear Power plans to invest 1 billion yuan (approximately 100 million) to acquire a 6.65% stake in the fusion company, while Zhejiang Energy Power intends to invest 751 million yuan (approximately 75.1 million) for a 5% stake [1][6]. - The overall investment round involves multiple institutions, totaling approximately 11.49 billion yuan (around 1.15 billion) for the new registered capital of the fusion company [5][6]. Strategic Importance - The investments are part of a broader strategy to enhance the core leadership of central enterprises in China's fusion industry and to facilitate the commercialization of fusion technology [6][12]. - Both companies view this as a proactive move to maintain competitiveness in the energy transition process [6][10]. Market Trends - The controlled nuclear fusion sector has seen significant interest, with a reported 41.78% increase in related stocks in the A-share market during the first half of 2025 [10][11]. - The global market for controlled nuclear fusion is projected to reach 496.5 billion by 2030 and potentially exceed 1 trillion by 2050 [12]. Technological Advancements - Recent breakthroughs in controlled nuclear fusion technology in China include achieving over 1 million degrees Celsius in plasma operation and the successful ignition of a commercial linear fusion device [11][12]. - The Chinese government has incorporated controlled nuclear fusion into its strategic emerging industry development plan, providing strong policy support for the sector [12][13].