Fusion energy industry presses US government for billions in support
At a roundtable with the Department of Energy, the private fusion industry urged officials to invest billions in order to compete with China.
At a roundtable with the Department of Energy, the private fusion industry urged officials to invest billions in order to compete with China.
Global electricity demand is surging, driven by artificial intelligence and data centers, advanced manufacturing, quantum computing, and cryptocurrency. Fusion offers the promise of virtually unlimited, secure, and affordable power that will transform the global economy for generations. It is the key to unlocking the energy leadership required to compete and win as a country. And with the private sector’s push to deliver electrons on the grid in the early 2030s, commercial fusion is no longer a question of “when.” It is a question of who does it first and where.
The FIA’s letter to U.S. Department of Energy (DOE) Secretary Chris Wright provides an outline of fusion priorities for the Fiscal Year 2027 budget request. In order for the U.S. to win the fusion race, it must adequately resource government programs and partnerships dedicated to commercially-relevant R&D and the deployment of fusion power.
American Conservation Coalition President Chris Barnard discusses commercialization breakthroughs in fusion energy.
In their recent reorganization on November 20, the U.S. Department of Energy created an Office of Fusion. The FIA has advocated for restoring the Office of Fusion Energy, led by an Assistant Secretary of Energy, to support a wide range of viable fusion commercialization approaches and to address challenges beyond fundamental science. Fusion energy represents one of the most transformative opportunities to secure America’s, and the world’s, energy future; separating fusion from the Office of Science sends an unmistakable signal that the United States is serious about leading the global fusion energy race.
U.S. Congressman Brian Babin (R-Texas) discusses how fusion is on the path to commercialization and urges federal leadership to match the ambitions of the growing private industry.
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.
Energy Secretary Chris Wright suggested the new partnerships could supercharge DOE research, including on fusion energy.
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.”
After a year of meetings, research, and analysis, the Special Competitive Studies Project (SCSP)-led Commission on the Scaling of Fusion Energy released their culminating report, “Fusion Forward: Powering America’s Future.” The report underscores the imperative to accelerate fusion deployment to secure U.S. national security.