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Area Development - Site Selection, Facility Planning and Workforce Development

Type One Energy Group Plans Knoxville-Clinton, Tennessee, Operations

02/22/2024
Type One Energy Group, Inc., a stellarator fusion energy company, plans to establish its headquarters near Knoxville, Tennessee. The $223.5 million project is expected to create 330 jobs.

In addition, the company will locate at the Tennessee Valley Authority’s Bull Run Fossil Plant in Clinton for its stellarator fusion prototype machine, Infinity One.

“Type One Energy will build the world’s most advanced stellarator at TVA’s Bull Run Fossil Plant. This prototype, Infinity One, will not only confirm the design and operation of our subsequent Fusion Pilot Plant, but will also become an excellent platform for a potential long-term national fusion research facility. We are excited to expand our operations in Tennessee in partnership with TVA and ORNL. We are also grateful for the leadership of Gov. Lee and his vision, which led to the Nuclear Energy Fund’s valuable support for this project,” Christofer Mowry, CEO, Type One Energy said.

Type One Energy applies proven advanced manufacturing methods, modern computational physics and high-field superconducting magnets to develop its optimized stellarator fusion energy system. Its FusionDirect development program pursues the lowest-risk, shortest-schedule path to a fusion power plant over the coming decade, using a partner-intensive and capital-efficient strategy.

“With assets like Oak Ridge National Lab, Tennessee is the quintessential location for companies like Type One Energy to grow and succeed. This project will not only strengthen Tennessee’s R&D footprint but also further develop our nuclear sector, which wouldn’t be possible without the forethought of Gov. Bill Lee and our Tennessee General Assembly to create the Nuclear Energy Fund,” TNECD Commissioner Stuart C. McWhorter noted.

"Congratulations to Type One Energy and all the partnerships that helped this important project locate in East Tennessee. This is a great example of a next-generation, high-impact project that will benefit from the technology and workforce assets of our community. The Knoxville Chamber stands ready to champion Type One Energy’s headquarters operations as the project evolves,” Doug Lawyer, Vice President of Economic Development, Knoxville Chamber added.

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