Congressional Hearing on Fusion Energy Shows Bipartisan Support For Accelerating Commercialization Efforts
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Congressional Hearing on Fusion Energy Shows Bipartisan Support For Accelerating Commercialization Efforts

ByCaroline

On June 13, alongside representatives from the U.S. Department of Energy, Helion Energy, US ITER Project Office, and General Atomics, FIA CEO Andrew Holland testified at a Congressional hearing on “From Theory to Reality: The Limitless Potential of Fusion Energy“, hosted by the Energy Subcommittee of the House Committee on Science, Space, and Technology. A main theme from the hearing: the general consensus to increase support for accelerated fusion commercialization, a feat that will unlock “limitless potential” for energy, climate, and economic benefits.

Department of Energy Announces Milestone Public-Private Partnership Awards
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Department of Energy Announces Milestone Public-Private Partnership Awards

ByAndrew

On May 31, 2023, the United States Department of Energy announced the first round of awardees of the milestone-based public private partnership program. Congratulations to the awardees, all FIA members: Commonwealth Fusion Systems, Focused Energy, Princeton Stellarators, Realta Fusion, Tokamak Energy, Type One Energy Group, Xcimer Energy, and Zap Energy.

Germany Publishes Memorandum on Laser Inertial Fusion Energy
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Germany Publishes Memorandum on Laser Inertial Fusion Energy

ByCaroline

Germany’s Federal Ministry of Education and Research (BMBF) published a memorandum on inertial fusion energy (IFE) in May 2023. An expert panel of scientists analyzed the status of fusion energy, its position in Germany, and its unparalleled potential in the global clean energy transition. In their report, they give high level recommendations, listed below, to ensure Germany’s position as a global leader in fusion development.

Japan Announces National Strategy For Fusion Energy

Japan Announces National Strategy For Fusion Energy

ByAndrew

Japan announced a national strategy for fusion energy industrialization on Friday, April 13, calling for an integration of public and private sector activities towards fusion energy commercialization. The strategy, compiled by the Cabinet Office, lays out the importance of fusion energy as a means to increase energy security, address the climate crisis, and provide its…

FusionXInvest Webinar: Is Fusion Energy Ready for Institutional Investors?

FusionXInvest Webinar: Is Fusion Energy Ready for Institutional Investors?

ByAndrew

In a webinar on Thursday, April 20, before May’s FusionXInvest event in London, Andrew Holland, FIA CEO; Randall Volberg, Founder and VP Business Development at Type One Energy; Mark White, Investment Director at Future Planet Capital; and Dr. Melanie Windridge, CEO of Fusion Energy Insights; had a discussion on fusion energy’s readiness for mainstream institutional…

President’s Budget Requests Over $1 billion for Fusion Energy Funding

President’s Budget Requests Over $1 billion for Fusion Energy Funding

ByAndrew

On Thursday, March 9, the White House released their budget request for the 2024 fiscal year, set to begin in October. Within the budget is record funding of over $1 billion for fusion energy research in the Department of Energy Office of Fusion Energy Sciences. The FIA is pleased that the Biden Administration has recognized…