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.
DW considers Germany’s fusion energy future under the government’s recently-released High Tech Agenda.
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.
U.S. Energy Secretary Chris Wright says commercial fusion electricity should be on the grid within the 2030s.
On July 30, Germany’s Federal Ministry of Education and Research unveiled the “Hightech Agenda Deutschland,” a national innovation strategy that identifies fusion as one of six technologies critical to the country’s future. By making fusion a strategic priority and integrating it into its broader industrial and energy policy, Germany is reinforcing its commitment to lead in fusion globally.
In the midst of a global race to deployment, the Fusion Industry Association (FIA) has launched three position papers to help shape EU policy and accelerate the path to commercial fusion energy. The papers provide recommendations regarding European public-private partnerships, regulations, and funding.
UK can lead £31 trillion Global Fusion Industry, but government needs to act now to attract fusion companies, says Fusion Industry Association.
On August 8, the U.S. Department of Energy awarded $4.6 million in 17 public-private partnership awards through the Innovation Network for Fusion Energy (INFUSE) program, further driving fusion acceleration by collaboration between industry, national labs, and universities.
As fusion technology transitions from the lab to commercialization, the Fusion Industry Association (FIA) firmly believes in the acceleration that comes with thoughtful private and public sector collaboration. The U.S. Department of Energy’s recent Request for Information (RFI) on the Fusion Energy Public-Private Consortium Framework (PPCF) presents an opportunity to bridge the science and technology gaps crucial for achieving commercial fusion power.
South Korea announced a government project worth KRW 1.2 trillion with the goal of harnessing fusion power. This new initiative, separate from K-STAR and South Korea’s ITER contributions, will focus on ensuring a private sector led fusion ecosystem in the country. The announcement was made on July 22 during a National Nuclear Fusion Committee meeting, chaired by Minister Lee Jong Ho of the Ministry of Science and ICT.