A Janesville-based nuclear technology company with Madison-area facilities has received a $70 million investment to expand “near-term applications” of nuclear fusion technology used in the defense, industrial and health care sectors of the economy.
Companies are looking to commercialize advances made by federally supported research labs in the quest for boundless energy.
75 US-based companies and universities sent a letter to the Senate and House Appropriations Committees, urging an increase in fusion energy funding. The community requests that fusion is funding at the level requested by the President’s budget request, at the full level authorized in the CHIPS and Science Act. The whole community agrees that the Committee should “fund and prioritize” fusion energy
Scientists have been chasing the dream of harnessing the reactions that power the Sun since the dawn of the atomic era. Interest, and investment, in the potentially carbon-free energy source is heating up.
The Seattle region is solidifying its place as a global leader in the race for fusion energy, with five major companies looking to crack the code on the clean, sustainable power source.
A bipartisan letter signed by 72 Members of Congress, requesting increased funding into the commercialization of fusion energy, was sent to the House Appropriations Committee on October 31.
Now is the time for Congress to double down on support for fusion energy development. Our nation is at a pivotal moment in the development of fusion energy as a clean, reliable source of power that could effectively address the climate crisis.
The Fusion Industry Association (FIA) is hiring for a paid, part-time intern this Spring, 2024 to work remotely with in-person opportunity in DC as needed.
Through the Agile Nations network, the United Kingdom, Japan, and Canada published initial suggestions for a multi-national fusion regulatory framework. The network, consisting of government representatives and technical experts, suggested recommendations on how to develop an appropriate regulatory framework for fusion energy facilities. The group recognized the importance and viability of fusion power as a global opportunity, and recommends that fusion regulations should be pro-innovation, risk-informed, and transparent.
The IAEA’s Director General Rafael Mariano Grossi opened the IAEA’s 29th International Fusion Energy Conference (FEC) in London with the announcement an inaugural meeting of the World Fusion Energy Group will be convened next year.