Ignition Research Requesting Comments from Fusion Energy Community

by | Jul 17, 2024

Ignition Research is preparing to launch the Fusion Energy Worldwide Demand Market Report and is requesting comments from the Fusion Energy community to improve its substance and relevance. We are requesting a 45-minute meeting with your marketing, strategy, or business unit leaders to provide a brief overview of your company, review the beta report information, and provide your thoughts on the report’s substance. This is not a sales call, we are seeking input and understanding to better validate our findings.

Ignition Research would like to discuss our research model, assumptions, research, and predictions for Fusion Energy and Electricity Demand Forecasts. The beta report of the Fusion Energy Worldwide Demand Market Report forecasts the worldwide demand for electricity, areas where we feel the demand is currently underestimated, and the projected adoption of fusion energy within the worldwide electricity market. The forecast extends from 2022 through 2050 in 5-year increments. It provides a breakdown by key markets driving significant power demands (industrial, AI/Data Centers, EVs, air-conditioning, and EVs) and breaks down this data by major geographical regions.

  • Up to 79% Growth in Electricity Demand – Factors increasing electricity forecasts from the US Energy Information Agency (US-EIA) and the International Energy Agency (IEA) up to 79% growth by 2050.
  • Up to 30% Electricity Production – The rate of fossil fuel power plant closures, increases in demand (e.g., population, EV, AI, etc.), and limitations of renewable electricity will create an electricity gap that could reach roughly 30% by 2050.
  • Up to 24% of Electricity Power by Fusion: Fusion energy market adoption and estimates that electricity generated from fusion will be up to 23.9% of WW electricity generation by 2050.
  • Fusion Power Systems Forecast: Forecast for utility-level 1GW power plants required to meet the net gains in 247/ power generation in 5-year increments.
  • Target Industries for Fusion: Electricity generation, EV charging, AI & data centers, industrial (steel, plastics, etc.), and heating (facilities and manufacturing.)
  • Key Geographies: United States and Canada, China, India, Rest of Asia, E/W Europe, Eurasia, Russia, Africa/Middle East, Japan/Korea, Australia/New Zealand, and Latin America (Mex, C/S America).

Our objective is to speak with the right individuals in your organization who work in marketing communications, strategic planning, and business forecasting and who might be interested in this data. We aim to make this report as accurate and practical as any future forecast.

Please contact Mike Heumann ([email protected]) to schedule time.