"The race to bring a $1 billion nuclear fusion plant to their city has officials in Livermore eager to make a deal. Despite no firm commitment from the startup behind the project, Pacific Fusion, the Livermore City Council this past week unanimously approved the company's plan to develop a 225,500-square-foot facility on a vacant stretch of West Jack London Boulevard."
"But Livermore is facing off with two other cities in its bid to secure the project Alameda and Albuquerque are also trying to lure the Fremont-based company. The finalists are making their pitches for why their city should be Pacific Fusion's HQ. Alameda is offering VIP treatment, Albuquerque says it has built the talent, but the mayor of Livermore says the Tri-Valley city, home to the Lawrence Livermore National Laboratory, shouldn't be ruled out."
"Work comes to Livermore because it can be done nowhere else on earth, Mayor John Marchand said this week. I think if this is going to succeed anywhere, it's going to be in Livermore. Pacific Fusion, a company founded in 2023 and backed by $900 million from venture capital companies, has promised to bring more than 200 engineer, technician and scientist jobs to its new home."
Livermore, Alameda and Albuquerque are competing to host Pacific Fusion's proposed $1 billion nuclear fusion facility. Livermore City Council unanimously approved a plan for a 225,500-square-foot facility on West Jack London Boulevard. Pacific Fusion, founded in 2023 and backed by $900 million in venture funding, plans to bring more than 200 engineers, technicians and scientists. The company aims to develop new methods for renewable energy and to be among the first to break ground on a nuclear fusion plant. Helion Energy is already building a fusion plant in Washington. Pacific Fusion expects a site decision later this year based on speed, cost, community support and partnerships, and says the facility would not add power to existing electricity grids while aiming to produce more energy output than input from a fusion machine.
Read at www.mercurynews.com
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