Yesterday, we joined investors, innovators, and policy makers at The White House to revisit the Bold Decadal Vision for Commercial Fusion Energy. 🎯The Takeaway: the Fusion Race is on The world is ready to take the next step to accelerate #fusion energy but it will take a Space Race-like effort to ensure we fully seize the opportunity. Fusion will redefine the very basics of how we live and build for centuries to come. We’re excited to get to work. Read more: https://ow.ly/koZy50SbTV4
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Yesterday, we convened at the White House in a landmark event with other awardees of the U.S. Department of Energy (DOE)’s Milestone-Based Fusion Development Program, industry executives, researchers, and government leaders to discuss new funding opportunities as well as strategies supporting this game-changing technology. There has been significant progress in the past two years since the launch of the Biden-Harris Administration’s Bold Decadal Vision for Commercial Fusion Energy. We are proud to be one of the eight companies to sign agreements with the DOE, an important first step towards pilot plants that will support the rapid deployment of #CleanEnergy for generations to come. Additional energizing (literally) work remains for both the private companies to deliver on these milestones as well as the government to continue to push for necessary support and maintain U.S. leadership in fusion. Read more: https://ow.ly/koZy50SbTV4
Fact Sheet: Biden-Harris Administration Announces More Than $180 Million to Advance Implementation of its Bold Decadal Vision for Commercial Fusion Energy | OSTP | The White House
whitehouse.gov
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Last week, U.S. Department of Energy (DOE) set out an ambitious fusion energy strategy to accelerate fusion's path to commercialization. The strategy focuses on advancing fusion RD&D, tackling ARL challenges, & expanding public-private partnerships. Read more about their vision for fusion energy’s future here: https://nt-z.ro/4eirY4l Read more about Adoption Readiness Levels (ARL) here: https://nt-z.ro/3KJ6UGM
https://nt-z.ro/3yXAA01
energy.gov
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The Fusion Industry Association has just released their 2024 Global Fusion Industry Report, showcasing remarkable growth and milestones in the fusion energy sector: 💰 $7.1bn+ Total Investment 📈 57% Increase in Government Funding 👩🔧 1,000+ New Jobs Created The report highlights the fusion industry’s robust expansion, with notable funding deals and an impressive rise in job numbers. As governments and private investors continue to support this transformative technology, the timelines for fusion-generated electricity remain on track for the 2030s. At Solestiss, we're thrilled to witness and support the advancement of fusion energy. This progress underscores the potential for a sustainable and innovative energy future. Read more about the FIA report (link in comments) and join us in celebrating this significant step forward for the global energy landscape! 🌍🔋 #FusionEnergy #SustainableFuture #EnergyInnovation
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Helping the Energy Majors navigate, embrace and profit from the global E n e r g y ⚡️ T r a n s i t i o n
Americas #Fusion Whisperers... The newly released #DOE Fusion Energy Strategy 2024 is organized around three pillars: 👉 closing the science and technology (S&T) gaps to a commercially relevant fusion pilot plant; 👉 preparing the path to sustainable, equitable commercial fusion deployment; and 👉 building and leveraging external partnerships.
America is a global leader in fusion technology—achieving fusion ignition not once, not twice, but four times. We're keeping the science and momentum going with $180 million to apply our groundbreaking research in fusion energy to real-world needs.
DOE Announces New Decadal Fusion Energy Strategy
energy.gov
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As we come closer to harnessing the power of fusion energy, it’s crucial to create supportive policies to accelerate commercialization. The Fusion Industry Association (FIA) recently published a white paper, “Commercializing Fusion Energy: The policy incentives that will attract and accelerate the fusion industry.” It details policies for success, including: ✅ Use Public-Private Partnerships: Cost-share programs help fusion companies while protecting the taxpayer ✅ Provide Regulatory Certainty: Fusion needs regulations that are entirely separate from fission, a completely different process ✅ Level the Playing Field: Fusion energy technologies should benefit fairly from programs that support zero-carbon, clean energy By aligning efforts across sectors, we can revolutionize our energy landscape, enhance economic security, and tackle climate change effectively. Read the full white paper here: https://bit.ly/4eFhPPD #FusionEnergy #EnergyTransition
FIA Launches Commercializing Fusion Energy Paper - Fusion Industry Association
https://www.fusionindustryassociation.org
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European companies have agreed to establish a European Fusion Association to secure Europe’s long-term energy supply. This initiative aims to tackle one of the biggest challenges for the coming decades: enhancing strategic autonomy for clean energy, with fusion energy being key to this ambition. The European Fusion Association (EFA) seeks to build a strong, world-class European fusion ecosystem that ensures a sustainable long-term supply chain for fusion energy. #FusionEnergy #CleanEnergy #EnergySupply #SupplyChains Click the link below to discover more ⬇ https://bit.ly/4cjtcKR
European companies join forces to establish Fusion Association
https://www.innovationnewsnetwork.com
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There are lots of ways to get watts onto the grid. Here's a little bit about how fusion energy will get along with variable solar and wind power. The key word for fusion: "firm."
Benjamin Byboth, CFS’ Senior Manager of Business Development and Strategy, knows more about putting fusion power on the grid than just about anybody. Speaking at FUSION24 today in London, he showed how our ARC fusion power plants stand to dramatically reduce the investment needed to decarbonize energy. Here’s the deal: • Fusion offers a “firm” energy supply customers can count on when they need it. • That firm power complements zero-carbon but variable wind and solar power. • Firm power like fusion can vastly cut the money governments, businesses, and consumers otherwise would have to spend to shift to zero-carbon power. • We think fusion power will be competitively priced even without factoring in firmness. With it, fusion looks even better. We’re building our SPARC tokamak right now to demonstrate net fusion energy. We expect its successor, ARC, will start putting watts on the grid in the early 2030s. #FUSION2024 #FusionEnergy
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"The world needs fusion. There is a growing understanding among investors, among companies, among campaigners and NGOs that we need a new source of zero-carbon, firm energy. And we need it as soon as possible. This marketplace for fusion could be very significant.” Andrew Holland, CEO of the Fusion Industry Association. Fusion is coming, excitement is building… and Fusion Energy Insights is opening the doors to new individual members next week! Now’s your chance to join a network of energy game-changers and enhance your knowledge of fusion energy. ✨ Are you looking to invest in fusion and not sure where to start? ✨Are you wanting to expand your operations into the fusion energy space? ✨Are you trying to transition your business to clean energy? ✨Are you interested in progressing your career towards clean energy and fusion? ✨Or are you in the fusion sector thinking about commercialisation and partnerships? Then Fusion Energy Insights can help you keep one step ahead. Sign up to be notified when doors open next week so you don’t miss our earlybird bonus: https://lnkd.in/etvCm-AN Melanie Windridge Naomi Scott-Mearns #FusionEnergy #FusionIsComing #Membership #EnergyTransition #ClimateChange #FusionInvestment
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Benjamin Byboth, CFS’ Senior Manager of Business Development and Strategy, knows more about putting fusion power on the grid than just about anybody. Speaking at FUSION24 today in London, he showed how our ARC fusion power plants stand to dramatically reduce the investment needed to decarbonize energy. Here’s the deal: • Fusion offers a “firm” energy supply customers can count on when they need it. • That firm power complements zero-carbon but variable wind and solar power. • Firm power like fusion can vastly cut the money governments, businesses, and consumers otherwise would have to spend to shift to zero-carbon power. • We think fusion power will be competitively priced even without factoring in firmness. With it, fusion looks even better. We’re building our SPARC tokamak right now to demonstrate net fusion energy. We expect its successor, ARC, will start putting watts on the grid in the early 2030s. #FUSION2024 #FusionEnergy
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It's Time to Shield Our Future! Our latest blog post delves into the crucial need to protect the $40 trillion #fusionenergy market from being dominated by foreign powers. Discover why it's imperative to stop the "China steal" and how strategic moves like a #CHIPSAct for fusion energy can maintain U.S. leadership in #globalenergy innovation. 🌍💡 👉 Read the full story here and learn about the steps we must take to secure a prosperous, energy-independent future! #EnergySecurity #FusionEnergy #MadeinUSA
Stop the China Steal - Protect The $40 Trillion Fusion Energy Market
peaknano.com
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