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

ByCaroline

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.

U.S. Senate Hosts Hearing on Fusion Development and Commercialization
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U.S. Senate Hosts Hearing on Fusion Development and Commercialization

ByCaroline

On September 19, the U.S. Senate Committee on Environment and Natural Resources held a full committee hearing to examine fusion energy technology development and commercialization efforts. Witnesses included Dr. Jean Paul Allain, Associate Director of the Office of Fusion Energy Sciences (FES) at the U.S. Department of Energy; Jackie Siebens, Director of Public Affairs at FIA member Helion Energy; and Dr. Patrick White, Research Director at the Nuclear Innovation Alliance. 

US Senate Passes ADVANCE Act, Including Legislation to Codify US Fusion Regulations
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US Senate Passes ADVANCE Act, Including Legislation to Codify US Fusion Regulations

ByCaroline

On June 18, in a bipartisan vote, the Senate passed the ADVANCE Act, including legislation that will codify fusion energy regulations separate from nuclear fission. The Bill is now headed to the President’s desk for signature; once signed into law, the United States will be the second country to enact specific fusion regulations into law – following the United Kingdom’s enactment of fusion regulatory legislation in October 2023.

House Passes Annual Defense Bill Alongside Guidance Report Including Fusion
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House Passes Annual Defense Bill Alongside Guidance Report Including Fusion

ByCaroline

On June 14, the U.S. House of Representatives passed its version of the annual defense policy bill, the National Defense Authorization Act (NDAA). Alongside the bill, the House Committee on Armed Services released a Report on H.R. 8070 with additional views and guidance – including guidance on fusion energy sources, noting that “the committee believes that compact fusion power technologies, if matured to an appropriate level, could provide significant advantages to the Department of Defense.” 

Senators Padilla, Cornyn, Booker, Young, Murray Introduce Bipartisan Bill to Accelerate Fusion Energy
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Senators Padilla, Cornyn, Booker, Young, Murray Introduce Bipartisan Bill to Accelerate Fusion Energy

ByCaroline

On April 18, Senators Padilla, Cornyn, Booker, Young, and Murray introduced a bipartisan bill to accelerate fusion energy development. The legislation would codify the US Nuclear Regulatory Commission’s bipartisan decision last April to regulate fusion energy separate from nuclear fission. This Senate bill follows the passage of companion bipartisan legislation in the House of Representatives….

FIA Supports Confirmation of Christopher Hanson for US Nuclear Regulatory Commission
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FIA Supports Confirmation of Christopher Hanson for US Nuclear Regulatory Commission

ByCaroline

On April 18, the FIA sent a letter to Chairman Carper and Ranking Member Capito of the Senate Committee on Environment and Public Works to support the renomination of US Nuclear Regulatory Commission (NRC) Chairman Christopher Hanson.