South Korea Names Fusion as a Strategic Technology for Economic Growth
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South Korea Names Fusion as a Strategic Technology for Economic Growth

ByAurora Price

On August 12, South Korea President Lee Jae Myung identified fusion energy as one of seven strategic technologies the country will prioritize as future drivers of economic growth.Under the country’s new 7 SEED (Strategic Emerging Engines for Disruptive Innovation) Projects initiative, fusion is listed alongside small modular reactors (SMRs) and renewable energy under the initiative’s “Future Clean Energy” category, aimed at meeting growing electricity demand from AI while supporting carbon neutrality.

FIA Urges U.S. DOE to Match Its Fusion Ambition With Strong FY28 Federal Budget
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FIA Urges U.S. DOE to Match Its Fusion Ambition With Strong FY28 Federal Budget

ByCaroline

On August 13, the Fusion Industry Association (FIA) sent a letter to U.S. Department of Energy (DOE) Secretary Wright calling for a strong federal FY28 budget for fusion, aligned with both the DOE’s Fusion Science & Technology Roadmap and White House’s FY28 Research and Development Priorities Memorandum. Both call for “demonstrating commercial fusion power in the United States by the mid-2030s.” To achieve this, FIA urges DOE to move beyond the status quo and provide the resources and authority necessary to lead globally.

Fusion energy expert Prof Dennis Whyte appointed next UKAEA CEO

Fusion energy expert Prof Dennis Whyte appointed next UKAEA CEO

ByAurora Price

Professor Dennis Whyte has been appointed Chief Executive Officer of the UK Atomic Energy Authority (UKAEA), taking up the role this autumn. Whyte, a longtime MIT professor and co-founder of Commonwealth Fusion Systems, will lead UKAEA as the organization advances fusion commercialization and the UK’s growing fusion research and industrial capabilities.

President Lee Jae Myung eyes seven growth engines beyond AI

President Lee Jae Myung eyes seven growth engines beyond AI

ByAurora Price

South Korea President Lee Jae Myung identified fusion as one of seven strategic emerging technologies expected to drive the country’s next phase of economic growth. Lee called for sustained government support for fusion development, including consideration of public-private investment structures.

FIA Sends Letter to NRC in Support of Materials Rulemaking
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FIA Sends Letter to NRC in Support of Materials Rulemaking

ByCaroline

On August 7, the Fusion Industry Association (FIA) sent a letter to the U.S. Nuclear Regulatory Commission (NRC), supporting the NRC proposal to remove the nine-month advance application requirement for certain materials licenses and clarify that companies can begin construction while NRC reviews are underway.

European Fusion and Industrial CEOs Call for a EU Fusion Strategy That Ensures Energy Security
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European Fusion and Industrial CEOs Call for a EU Fusion Strategy That Ensures Energy Security

ByCaroline

On April 28, European fusion and industrial company CEOs sent a letter to leading policymakers at the European Commission, urging the upcoming EU Fusion Strategy to ensure energy security and European leadership in the growing sector.