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.
On October 31 at the G7 Energy and Environment Ministers’ Meeting in Toronto, the Ministers issued a “Statement on Nuclear and Fusion Energy,” which recognized the progress across the global fusion ecosystem and underscored the importance of sustained international cooperation around R&D and regulatory harmonization.
On October 28, the U.S. and Japan finalized a Memorandum of Cooperation (MOC) regarding the Technology and Prosperity Deal, an agreement to strengthen bilateral collaboration across cutting-edge science and technologies. The commitment includes provisions for fusion as an industrial and economic imperative for two of the world’s largest economies.
On October 31, U.S. Senators John Curtis (R-Utah) and Maria Cantwell (D-Wash.) introduced companion legislation, making the Fusion Advanced Manufacturing Parity Act a bicameral, bipartisan bill. On September 17, U.S. Representatives Carol Miller (R-W.V.), Suzan DelBene (D-Wash.), Claudia Tenney (R-N.Y.), and Don Beyer (D-Va.), introduced the bipartisan Fusion Advanced Manufacturing Parity Act. The Act extends the Advanced Manufacturing Tax Credit (45X) to include fusion components – an important step in strengthening the American fusion manufacturing base and accelerating the path toward commercial fusion energy.
Helical Fusion has achieved a key milestone in the development of special electromagnets, crucial to the deployment of magnetic confinement fusion.
The International Group of Legal Experts on Fusion Energy (FELEX) published a discussion paper on “Regulatory Frameworks for Fusion Technologies.” This paper marks a step in the pursuit of clear, risk-appropriate, and technology-neutral legal frameworks for the safe and effective deployment of fusion power plants.
The European Commission released its 2026 Work Programme on October 20. The programme, titled “Europe’s independence moment,” includes an explicit commitment to fusion, and more broadly signals the strategic shift toward greater autonomy and resilience, placing innovation at the core of its agenda.
U.S. Department of Energy releases roadmap for fusion energy to power the grid by the mid-2030s.
On October 16, the U.S. Department of Energy released the Fusion Science and Technology (FS&T) Roadmap, aiming to accelerate the fusion industry in the U.S. “on the most rapid timeline.” It notes that the “goal of the Roadmap is to deliver the public infrastructure that supports the fusion private sector scale up in the 2030s.”
At the October 14th joint opening of the Second Ministerial Meeting of the IAEA World Fusion Energy Group (WFEG) and the 30th IAEA Fusion Energy Conference (FEC) in Chengdu, China, Director General Grossi announced the World Fusion Outlook 2025 report. The IAEA’s third annual report serves as a reference for information on the state-of-play around fusion energy research, technology development, and deployment. It also undertakes a country-by-country assessment of fusion development, highlighting the work of many FIA member companies across the world.