Germany holds fusion hearing after funding and strategy announcements
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Germany holds fusion hearing after funding and strategy announcements

On September 27, the German parliament held a public hearing on “Strengthening fusion research at a world-class level” in Berlin, with participation by Germany-based FIA members Focused Energy and Proxima Fusion. The hearing signifies another step in accelerating fusion commercialization in Germany.

Congressional hearing shows bipartisan support for fusion
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Congressional hearing shows bipartisan support for fusion

The House Committee on Science, Space, and Technology held a hearing on September 14 with testimony from U.S. Department of Energy Secretary Jennifer Granholm, giving “An Update on the Department of Energy’s Science and Technology Priorities”. During the hearing, Members of Congress voiced their bipartisan support for fusion funding in order to ensure US leadership in the fast growing industry.

UK Science, Innovation and Technology Committee calls for long-term commitment to fusion in new report
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UK Science, Innovation and Technology Committee calls for long-term commitment to fusion in new report

On Monday, July 31, the UK Science, Innovation and Technology Committee published a comprehensive report on delivering nuclear power, concluding that the UK should continue R&D for fusion technologies with fusion as a ‘part of the Government’s long-term energy plan’.

FIA Participates in NRC Public Meeting on Developing a Regulatory Framework for Fusion Energy
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FIA Participates in NRC Public Meeting on Developing a Regulatory Framework for Fusion Energy

On July 12, 2023, the U.S. Nuclear Regulatory Commission (NRC) held a public meeting to update progress on developing a regulatory framework for fusion energy. As the first meeting following the April NRC decision that separated fusion from fission regulations in the United States, it kicks off the progress that will be made as a result of the vote.

Fusion Industry Investment Passes $6bn
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Fusion Industry Investment Passes $6bn

The Fusion Industry Association (FIA) released its third annual industry report ‘The Global Fusion Industry in 2023’ on July 12, unveiling worldwide findings from an electrifying year of the fusion industry’s development. 43 private fusion companies were surveyed for the report, ranging from fusion industry giants to new entrants with bold visions, committed to addressing the challenges that remain ahead for commercialization.

Senator Cantwell Voices Support for Semiconductor Inclusion in CHIPS for America Fund
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Senator Cantwell Voices Support for Semiconductor Inclusion in CHIPS for America Fund

On June 30, Senator Maria Cantwell, Chair of the Senate Committee on Commerce, Science, and Transportation, sent a letter to Secretary Gina Raimondo, US Department of Commerce, on the importance of power semiconductors being included in the CHIPS for America Fund, based on the need for the growing fusion industry.

Fusion Industry Association Sends Letter on Fusion Regulations to European Commission Commissioner Simson
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Fusion Industry Association Sends Letter on Fusion Regulations to European Commission Commissioner Simson

On June 9, the Fusion Industry Association (FIA) sent a letter on the importance of risk-informed fusion regulations to European Commission Commissioner Simson. The letter comes at a time when governments are increasingly looking into solidifying regulations for fusion energy, following recent regulatory decisions by the United States and United Kingdom. Early movers will have a competitive advantage in further shaping the industry, which spent over $500m on the supply chain in 2022.

Congressional Hearing on Fusion Energy Shows Bipartisan Support For Accelerating Commercialization Efforts
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Congressional Hearing on Fusion Energy Shows Bipartisan Support For Accelerating Commercialization Efforts

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.