On April 3, President Trump released the Presidential Budget Request (PBR) for Fiscal Year 2027. Within this, the request for the Fusion Energy Sciences (FES) program of $755.25 million is $50 million less than the $805.65 million appropriated for Fiscal Year 2026.
The U.S. Department of Energy’s Advanced Research Projects Agency–Energy (ARPA-E) announced a $135 million investment in fusion, marking the largest in its history, and more than it has invested in fusion over the past 12 years combined ($134M). The funding, to be deployed over multiple programs in the next 18 months, aims to accelerate commercially viable fusion power.
At a roundtable with the Department of Energy, the private fusion industry urged officials to invest billions in order to compete with China.
Global electricity demand is surging, driven by artificial intelligence and data centers, advanced manufacturing, quantum computing, and cryptocurrency. Fusion offers the promise of virtually unlimited, secure, and affordable power that will transform the global economy for generations. It is the key to unlocking the energy leadership required to compete and win as a country. And with the private sector’s push to deliver electrons on the grid in the early 2030s, commercial fusion is no longer a question of “when.” It is a question of who does it first and where.
The extension brings Helical Fusion’s series A funding, including loans, up to US$21 million, and total cumulative fundraising to US$38 million.
Helical Fusion inks new power purchase agreement (PPA) with Aoki Super Co., Ltd., a major regional supermarket chain in central Japan.
The FIA’s letter to U.S. Department of Energy (DOE) Secretary Chris Wright provides an outline of fusion priorities for the Fiscal Year 2027 budget request. In order for the U.S. to win the fusion race, it must adequately resource government programs and partnerships dedicated to commercially-relevant R&D and the deployment of fusion power.
American Conservation Coalition President Chris Barnard discusses commercialization breakthroughs in fusion energy.
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.
DW considers Germany’s fusion energy future under the government’s recently-released High Tech Agenda.