European Parliament Hosts First-of-a-Kind Fusion Public Hearing
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European Parliament Hosts First-of-a-Kind Fusion Public Hearing

On 5 February, the European Parliament hosted a landmark hearing on Europe’s leadership in fusion energy, bringing together policymakers, industry leaders, and researchers to assess the current landscape and discuss the steps needed to ensure Europe remains at the global forefront of bringing fusion to the grid. FIA Director for Europe Cyrille Mai Thanh joined to give an overview of the global fusion industry and outline key areas of opportunity for European policy.

European Parliament to Host Hearing on “Europe’s leadership in fusion energy”
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European Parliament to Host Hearing on “Europe’s leadership in fusion energy”

On Wednesday, February 5 in Brussels, the European Parliament will host a public hearing to discuss “Europe’s leadership in fusion energy.” The hearing will be hosted by MEP Hidlegard Bentele (EPP, Germany) and MEP Pascal Arimont (EPP, Belgium). FIA EU Director Cyrille Mai Thanh will join to give a presentation on the status of the fusion industry and developments on commercialization. Other speakers include representatives from FIA member companies Marvel Fusion, Proxima Fusion, Novatron, and Eni; as well as representatives from the European Commission, Iter Organization, KTH Royal Institute of Technology, and Fusion for Energy.

Chris Wright Discusses Fusion Energy During Hearing to Consider His Nomination as U.S. Secretary of Energy
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Chris Wright Discusses Fusion Energy During Hearing to Consider His Nomination as U.S. Secretary of Energy

The hearing to consider the nomination of Chris Wright to be Secretary of Energy happened on Wednesday, January 15th, in the U.S. Senate. Wright is President-elect Donald Trump’s pick to be Secretary of Energy, and would lead the Department of Energy (DOE) if sworn in. Wright is the CEO of Liberty Energy, an oilfield services firm, and studied fusion energy at MIT. He brings both an engineering and entrepreneurial background to the position. 

European Parliament Holds its First Debate on Fusion Energy
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European Parliament Holds its First Debate on Fusion Energy

On 20 January, the European Parliament Plenary held its first debate on fusion energy titled “Powering Europe’s Future – Advancing the Fusion Industry for Energy Independence and Innovation.” It focused on the need for Europe to remain a leader in fusion energy on the global stage, competitiveness concerns, research and innovation, public-private partnerships, the ITER project, and commercialization prospects.

FIA Sends Letter to Congress in Support of Tech-Neutral Tax Credits
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FIA Sends Letter to Congress in Support of Tech-Neutral Tax Credits

On January 7, the Fusion Industry Association (FIA) sent a letter to Congress supporting the technology-neutral clean energy generation tax incentives enacted in the Inflation Reduction Act (IRA) of 2022. For the first time, fusion power can benefit from the same financial incentives long enjoyed by other clean technologies encouraging development in the US. This provides crucial support as the global race to fusion deployment continues.

IRA Final Rulemaking on Clean Energy Production and Investment Tax Credits is Published
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IRA Final Rulemaking on Clean Energy Production and Investment Tax Credits is Published

The Inflation Reduction Act (IRA) final rulemaking on the clean energy production and investment tax credits has been published, including fusion energy and other technologies. This changes the pre-existing renewable energy tax credits into a technology-neutral tax credit that supports any facility that does not produce greenhouse gases.

FIA Urges Fusion Prioritization in US FY26 Budget Request
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FIA Urges Fusion Prioritization in US FY26 Budget Request

The United States is at an inflection point in its pursuit of commercial fusion energy. To meet the goal of deploying fusion power within the next decade, the current federal funding levels and priorities are insufficient. While the U.S. has been a leader in fusion research, countries like China are dramatically increasing their efforts, putting…

FIA Engages With the European Parliament on Fusion
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FIA Engages With the European Parliament on Fusion

On November 26-28, a Fusion Industry Association (FIA) delegation of startups and suppliers met with Members of the European Parliament (MEPs) in Strasbourg. The FIA delegation to the European Parliament engaged with MEPs across political groups and countries, raising awareness on fusion and putting forward key messages and opportunities to advance European leadership in the sector. 

FIA & IAEA Announce Partnership to Collaborate on Efforts Accelerating Commercial Fusion
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FIA & IAEA Announce Partnership to Collaborate on Efforts Accelerating Commercial Fusion

The Fusion Industry Association (FIA) and International Atomic Energy Agency (IAEA) have announced a partnership to work together on efforts accelerating commercial fusion. IAEA Director General Rafael Grossi and FIA Chief Executive Officer Andrew Holland signed the agreement on November 6 in Rome, alongside the inaugural World Fusion Energy Group meeting.