FIA Publishes Paper on $10 Billion for Fusion to Secure America’s Energy and AI Future
A one-time $10 billion injection of U.S. public capital into efforts and partnerships with the private fusion industry would accelerate the path toward commercialization…but how exactly should this $10 billion be allocated? In a new one-pager, the FIA breaks down exactly how this allotment should be used.
“Without new funding and a decisive shift toward technology development and commercial demonstration, the U.S. will lose the fusion race to competitors like China. The $10 billion would be used to: 1. Fund critical fusion science & technology (FS&T) infrastructure and R&D ecosystem ($4.6B) and 2. Accelerate commercial fusion deployment and scaling ($5.4B).”
Fusion: $10 Billion to Secure America’s Energy and AI Future
The document offers detail regarding line items which require support within the FS&T and Milestone-Based program categories. These investments are grounded in the recommendations of America’s leading scientists at the National Academies of Sciences and community planning done by the U.S. Department of Energy Fusion Energy Sciences Advisory Committee (FESAC).
With electricity demand forecasted to increase considerably in coming years, fusion energy is suited to provide the safe and reliable baseload power necessary to meet demand and maintain U.S. AI leadership.
The vast majority (93%) of fusion energy companies expect to deliver fusion energy and electricity to the commercial grid in the next 10-15 years. Expectations for industry to achieve deployment in the near term further reinforces the need for serious U.S. government investment in research, development, and demonstration activities. Such investment is imperative to maintain U.S. global fusion leadership, as other countries are increasingly announcing plans to invest billions in the sector within the next five years.
You can read the one-pager below.
