Collaboration between public and private sectors accelerates industry. The FIA’s new white paper “Opening Public-Sector Data to Empower the Fusion Industry” provides recommendations on how to accelerate development by improving the public sector’s data openness, standardization, and incentives.
Fortune covers the history of fusion R&D, recent breakthroughs, and industry’s acceleration.
The German government has launched its “Fusion Action Plan,” a strategy to accelerate commercial fusion deployment. This move follows the “Hightech Agenda Deutschland” announced in July, which identified fusion as one of six critical future technologies for the nation. With this new plan, Germany is shifting from a focus on basic research to a more industry-driven approach to lead globally in building the world’s first fusion power plant.
GeekWire profiles the major fusion players in the Pacific Northwest.
Pacific Fusion’s planned facility aims to create hundreds of jobs and generate $400 million in economic activity within the first four years of operation.
An increasing number of players are entering the private sector in pursuit of harnessing clean and reliable energy from commercial fusion machines.
On September 18 and 19, the FIA completed a series of meetings and discussions in Berlin, Germany to highlight the opportunities for fusion energy investment and development in Germany.
The Energy Subcommittee of the House Committee on Science, Space, and Technology held a hearing on September 18 on “Igniting America’s Energy Future: The Promise and Progress of Fusion Power.” Commonwealth Fusion Systems’ CEO Bob Mumgaard and Pacific Fusion CEO Will Regan – both members of the FIA – testified, as well as Dr. Stephanie Diem, Assistant Professor at the University of Wisconsin–Madison and Dr. Troy Carter, Director of the Fusion Energy Division at Oak Ridge National Laboratory.
The British inertial fusion energy developer published a white paper on their Fusion via Low-power Assembly and Rapid Excitation (FLARE) approach, which they anticipate delivering high gain and low costs.
Italian energy company Eni agreed to purchase more than $1 billion of power from Commonwealth Fusion Systems’ (CFS) 400-MW ARC power plant in Virginia, where CFS plans to begin generating electricity in the early 2030s.