FIA Launches 2024 Global Fusion Industry Report
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FIA Launches 2024 Global Fusion Industry Report

The fusion industry has now attracted over $7.1bn of investment, according to an annual report by the Fusion Industry Association (FIA), with over $900 million of new funds backing the technology since last year. As part of that, total public funding increased by 57% in the last 12 months to $426m, showing governments increasingly see public-private partnerships as central to making commercial fusion a reality.

FIA Launches 2024 Supply Chain Report
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FIA Launches 2024 Supply Chain Report

On July 2, the Fusion Industry Association launched our 2024 Supply Chain Report as an updated version from last year. The report surveys fusion developers and suppliers to get a snapshot of where the supply chain stands as the fusion industry grows. Designed to capture and analyze trends, challenges, and opportunities within the industry, this report serves as a resource to better understand the web of supply and demand in fusion energy, and to help guide investment and policy strategy to support the accelerating fusion industry.

FIA Participates in Dutch Fusion Day in Eindhoven
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FIA Participates in Dutch Fusion Day in Eindhoven

The Fusion Industry Association EU team took part in the first edition of the Dutch Fusion Day organised by DIFFER, the Dutch Institute for Fundamental Energy Research. Over 200 participants from the public and private sectors attended the full-day conference in Eindhoven on May 3, 2024 to discuss scientific, technological, and political developments accelerating fusion energy.

Job Opening: UK Director, Fusion Industry Association
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Job Opening: UK Director, Fusion Industry Association

The Fusion Industry Association (FIA) is the unified voice of the fusion industry, working to transform the energy system with commercially viable fusion power. It represents the interests of its members; the private companies that are commercializing clean, safe, available fusion energy. We are seeking a leader who could be the voice of the private fusion energy industry, reporting directly to the CEO.

Fusion in EU Net Zero Industry Act
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Fusion in EU Net Zero Industry Act

On November 21, the European Parliament adopted its position on the Net Zero Industry Act (NZIA), amending the initial proposal of the Commission to include “fusion energy technologies” among the net-zero technologies in their aims to boost decarbonization efforts in Europe. The Act sets a target for Europe to produce 40% of its annual deployment needs in net-zero technologies by 2030, to capture 25% of the global market value for these technologies, and to address challenges in scaling up these technologies’ manufacturing capacities.