On July 1, the Fusion Industry Association appointed Dr Nick Walkden as UK Director. Nick brings with him extensive experience in fusion science and technology, policy, and strategy, developed in both the public and private sectors of the fusion industry.
“In Everett, WA, nuclear fusion is no longer 10 years away.” Zap Energy and Helion are highlighted in IEEE.
Since the 1950s, fusion and its promise of near-limitless, emission free energy has always been 20 years away, so the old joke goes. But no longer. Today, fusion is expected to be on the grid in the next decade and will create opportunities for the civil engineering sector too.
Gauss Fusion, empresa de tecnología verde fundada en 2022 por varias compañías de Alemania, Francia, Italia y España, ha nombrado este jueves a Milena Roveda nueva consejera delegada para “conseguir que la energía de fusión renovable sea comercialmente viable, eficiente e inagotable”.
On June 13, alongside representatives from the U.S. Department of Energy, Helion Energy, US ITER Project Office, and General Atomics, FIA CEO Andrew Holland testified at a Congressional hearing on “From Theory to Reality: The Limitless Potential of Fusion Energy“, hosted by the Energy Subcommittee of the House Committee on Science, Space, and Technology. A main theme from the hearing: the general consensus to increase support for accelerated fusion commercialization, a feat that will unlock “limitless potential” for energy, climate, and economic benefits.
“In Everett, WA, nuclear fusion is no longer 10 years away.” Zap Energy and Helion are highlighted in IEEE.
Rep. Brandon Williams’ op-ed in The Hill: The House Science Energy Subcommittee hearing on fusion that I chaired this week made it clear that the process that our sun and stars use to generate energy is finally within our grasp — progressing from a scientific experiment to commercial reality. A timeless pursuit, mankind has long sought the ability to capture unlimited, clean sources of energy to power our world.
In a notice released on May 31, 2023, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) provided further technical guidance on the application process for the Qualifying Advanced Energy Project Credit (Section 48C of the Internal Revenue Code). The first round of the expanded 48C tax credit program will strengthen the supply chains for fusion-related technologies to address remaining challenges for fusion commercialization, such as the manufacturing of superconducting magnets, plasma-facing components, and diagnostics.
Bob Mumgaard, CEO of Commonwealth Fusion Systems, spoke with CNBC about why now is a tipping point for the fusion industry. The firm is a leader in the nascent space with more than $2 billion in funding. At the end of May, CNBC went to Devens, Massachusetts, to see what it looks like to build a fusion reactor.
On June 13 at 2pm, FIA CEO Andrew Holland will testify at a Congressional hearing on “From Theory to Reality: The Limitless Potential of Fusion Energy”, hosted by the Energy Subcommittee of the House Committee on Science, Space, and Technology.