50 companies cooperate in nuclear fusion; council to be launched in March to develop sales channels

50 companies cooperate in nuclear fusion; council to be launched in March to develop sales channels

The Cabinet Office of Japan announced on the 22nd that it will launch an industry council in March with approximately 50 participating companies aiming to realize fusion power generation. Research into nuclear fusion power generation is becoming more active, with startups appearing overseas aiming to realize it in the 2030s, and related companies in Japan are gathering to give momentum to development and market development.

European High-Level Roundtable on Fusion Calls For Public & Private Sector Collaboration
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European High-Level Roundtable on Fusion Calls For Public & Private Sector Collaboration

On 14 March, the European Commission held the first “High-Level Roundtable on Fostering Innovation for Fusion energy in Europe’’, hosted by Commissioner for Innovation, Research, Culture, Education and Youth, Iliana Ivanova, with participation from FIA CEO Andrew Holland and other key leaders in the fusion industry and public sector.

Fusion Focus at Congressional Hearing on “ARPA-E’s role in Developing Breakthrough Technologies”
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Fusion Focus at Congressional Hearing on “ARPA-E’s role in Developing Breakthrough Technologies”

On March 12, the Energy Subcommittee of the House Science, Space, and Technology Committee held a Congressional hearing on “Bridging the Valley of Death: ARPA-E’s Role in Developing Breakthrough Technologies”. The U.S. Department of Energy’s Advanced Research Projects Agency (ARPA-E) program has helped accelerate the development of a multitude of breakthrough technologies, including fusion energy.