75 companies and universities urge increase in US fusion funding, send letters to Congress

75 companies and universities urge increase in US fusion funding, send letters to Congress

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

Congressional Fusion Budget Misses the Opportunity

The Congressional Appropriations Committees in both the House and Senate, which write the bills that will fund the government, have passed their proposed funding bills for fusion energy research in the Energy and Water Appropriations bills, cutting the fusion budget significantly from the President’s request of $1.01 billion. In March, the President’s request to Congress…

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.

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.

President’s Budget Requests Over $1 billion for Fusion Energy Funding

President’s Budget Requests Over $1 billion for Fusion Energy Funding

On Thursday, March 9, the White House released their budget request for the 2024 fiscal year, set to begin in October. Within the budget is record funding of over $1 billion for fusion energy research in the Department of Energy Office of Fusion Energy Sciences. The FIA is pleased that the Biden Administration has recognized…