FIA Calls for Targeted Support for Fusion Startups in the EU Startup and Scaleup Strategy
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FIA Calls for Targeted Support for Fusion Startups in the EU Startup and Scaleup Strategy

ByCaroline

On March 17th, the Fusion Industry Association (FIA) submitted feedback to the European Commission’s public consultation on the upcoming EU Startup and Scaleup Strategy. The Strategy, set to be adopted this year, is expected to address the difficulties that European start-ups and scale-ups face in accessing capital, markets, services, infrastructure as well as talent needed to enable them to thrive in Europe and compete globally.

FIA Urges Prioritization of Commercializing Fusion Energy in U.S. FY25 Budget
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FIA Urges Prioritization of Commercializing Fusion Energy in U.S. FY25 Budget

ByCaroline

On March 26th, the Fusion Industry Association (FIA) sent a letter to Dr. Kung, Acting Director of the Office of Science and Deputy Director for Science Programs at the U.S. Department of Energy, urging the prioritization of commercializing fusion energy in the United States in the FY25 budget.

FIA CEO Andrew Holland Highlights Key Reports at IAEA Fusion Webinar
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FIA CEO Andrew Holland Highlights Key Reports at IAEA Fusion Webinar

ByCaroline

On Wednesday, March 19th, FIA CEO Andrew Holland joined a webinar hosted by the International Atomic Energy Agency (IAEA), where he presented several FIA reports, including the 2024 Global Fusion Industry Report, 2024 Supply Chain Report, and Fusion Workforce Report. The session not only provided a snapshot of the FIA’s work and priorities in the sector but also offered a deeper dive into the latest industry developments.

Fusion Goes Big at CERAWeek
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Fusion Goes Big at CERAWeek

ByCaroline

Fusion was front and center at CERAWeek in Houston, as events and talks showcased the accelerating path of fusion to commercialization. Hosted by S&P Global from March 10-14 this year, CERAWeek is one of the largest global energy conferences that convenes energy experts, policymakers, and industry leaders to discuss the future of energy. This year’s surge in fusion representation at the conference marks a strong signal that fusion is entering mainstream energy industry discussions.

FIA Responds to Japan’s Cabinet Office on the “Basic Approach to Ensuring Safety for Realization of Fusion Energy” Draft Paper
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FIA Responds to Japan’s Cabinet Office on the “Basic Approach to Ensuring Safety for Realization of Fusion Energy” Draft Paper

ByCaroline

On March 18, the Fusion Industry Association (FIA) submitted a response to Japan’s Cabinet Office on their recently released draft paper on the “Basic Approach to Ensuring Safety for Realization of Fusion Energy.” The paper acts as a draft framework for the regulation of fusion energy in Japan.

FIA Urges the European Commission to List Fusion as Stand-Alone Under the Net-Zero Industry Act
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FIA Urges the European Commission to List Fusion as Stand-Alone Under the Net-Zero Industry Act

ByCaroline

On February 20, the Fusion Industry Association (FIA) submitted its feedback to the European Commission on a draft delegated act under the Net-Zero Industry Act (NZIA). The NZIA, which came into force in June 2024, puts the EU on track to strengthen its domestic manufacturing capacities of key clean technologies. The Act focuses on 19 different net-zero technologies listed in its Annex, including a category called “other nuclear technologies” that currently includes fusion energy. The draft delegated act aims to amend the NZIA Annex by clearly defining, for each technology, the final products and key components used in their production. 

FIA Sends Letter to Congress on Expanding 45X Tax Credit Eligibility
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FIA Sends Letter to Congress on Expanding 45X Tax Credit Eligibility

ByCaroline

On March 11, the Fusion Industry Association (FIA) sent a letter to Congress urging expansion of the advanced manufacturing production credit under § 45X of the Internal Revenue Code beyond renewables to include fusion energy technologies. As the U.S. faces surging energy demands driven by advancements in artificial intelligence, data centers, digital infrastructure and robust industrial and manufacturing growth, it is imperative that Congress invests in innovative, reliable, next-generation energy solutions like fusion. Supporting the domestic fusion energy supply chain will make sure that technology invented in America will be built in America.

Germany’s New Government Readies for a Push Towards Fusion Power
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Germany’s New Government Readies for a Push Towards Fusion Power

ByCaroline

As Germany-based fusion companies make rapid strides on the path to commercial fusion deployment, the German government is ramping up to support. FIA members Proxima Fusion, Marvel Fusion, Focused Energy, and Gauss Fusion are expanding the fusion industry in not only Germany, but globally. These companies are advancing their fusion technologies and making significant announcements. With substantial investments, strategic planning, and a focus on technological innovation, Germany is positioning itself at the forefront of the global race to commercial fusion.

Fusion Nexus: Advancing Japan-US Partnership
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Fusion Nexus: Advancing Japan-US Partnership

ByCaroline

On February 27, the Fusion Industry Association, Embassy of Japan, and Japan Fusion Energy Council (J-Fusion) hosted the event “Fusion Nexus: Advancing Japan-US Partnership.” The event followed the FIA’s two-day Annual Policy Conference, a space for leaders in government, industry, science, and academia to come together and discuss ways to accelerate the path to fusion commercialization.