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

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.

IRA Final Rulemaking on Clean Energy Production and Investment Tax Credits is Published
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IRA Final Rulemaking on Clean Energy Production and Investment Tax Credits is Published

The Inflation Reduction Act (IRA) final rulemaking on the clean energy production and investment tax credits has been published, including fusion energy and other technologies. This changes the pre-existing renewable energy tax credits into a technology-neutral tax credit that supports any facility that does not produce greenhouse gases.

Germany’s IFE Targetry HUB pioneers laser-based inertial fusion

Germany’s IFE Targetry HUB pioneers laser-based inertial fusion

The Federal Ministry of Education and Research (BMBF)-funded project, Inertial Fusion Energy (IFE) Targetry HUB, officially launched, bringing together an impressive consortium of 15 research and industry partners. The IFE Targetry HUB focuses on developing and refining targets – key components of laser-based inertial fusion systems.