Japan startup touts ‘world first’ in key electromagnets for fusion energy
Helical Fusion has achieved a key milestone in the development of special electromagnets, crucial to the deployment of magnetic confinement fusion.
Helical Fusion has achieved a key milestone in the development of special electromagnets, crucial to the deployment of magnetic confinement fusion.
The Japan Fusion Energy Council, “J-Fusion,” has published a “White Paper on the Regulation and Safety of Fusion Energy.” The paper provides a well-considered approach to regulating fusion in Japan, with the core conclusion that fusion’s safety profile is fundamentally distinct from that of fission, and that its regulation should be risk-informed, proportionate, and grounded in scientific evidence. The paper gives a broad history and overview of fusion regulatory considerations around the world.
Investors supporting this funding include SBI Investment and Keio Investment Initiative.
Japan-based Helical Fusion Company has announced the closure of its Series A funding round.
The Japanese fusion industry council “J-Fusion” has released a white paper detailing fusion energy and the need for specific regulations for the country.
Japan and the UK will collaborate on fusion to achieve viable demonstration by the 2030s, combining the UK’s remote-controlled robot technology with Japan’s manufacturing capabilities.
On June 4, Japan announced an updated national Fusion Energy Innovation Strategy, signaling a strong push to commercialize fusion power amid accelerating global progress and rising international competition. The revised strategy outlines a 10-year vision to industrialize fusion power and establish Japan as a global commercial leader.
On March 18, the Fusion Industry Association (FIA) submitted a response to Japan’s Cabinet Office on their recently released draft paper on the “Basic Approach to Ensuring Safety for Realization of Fusion Energy.” The paper acts as a draft framework for the regulation of fusion energy in Japan.
On February 27, the Fusion Industry Association, Embassy of Japan, and Japan Fusion Energy Council (J-Fusion) hosted the event “Fusion Nexus: Advancing Japan-US Partnership.” The event followed the FIA’s two-day Annual Policy Conference, a space for leaders in government, industry, science, and academia to come together and discuss ways to accelerate the path to fusion commercialization.
On April 10, the United States and Japan announced a strategic partnership to accelerate fusion commercialization efforts. The bilateral agreement aims to advance and build off of fusion initiatives from both countries – the US’ Bold Decadal Vision for Commercial Fusion Energy and Strategy for International Partnerships in a New Era of Fusion Development and Japan’s Fusion Energy Innovation Strategy. Both countries have been advancing fusion initiatives within their strategies, and this partnership is a key collaborative step forward amid the global race to commercial fusion.