Fusion Industry Association

The Fusion Industry Association is a US-registered non-profit independent trade association for the international nuclear fusion industry.[1][2][3][4][5][6][7] It is headquartered in Washington, D.C. It was founded in 2018 to advocate for policies to accelerate the arrival of fusion power.[8][9][10] Its CEO is Andrew Holland, former Chief Operating Officer of the American Security Project.[11] The Fusion Industry Association has 28 members and 35 affiliate members, including nuclear reactor designers, engineering firms, suppliers, academic institutions, and various professional services with business in the nuclear fusion industry such as research consultancies. The emergence of the Fusion Industry Association can be traced back to the 2013 publication of a white paper on fusion energy by the American Security Project.[12][13]

Fusion Industry Association
AbbreviationFIA
Established2018 (2018)
TypeTrade association
Location
  • Washington, D.C.
Membership (2020)
25
CEO
Andrew Holland
WebsiteFIA

The Fusion Industry Association's stated advocacy objectives are to encourage private sector fusion companies' partnering with the public sector for applied fusion research, to increase financial support for the industry, and to ensure regulatory certainty.[1][14][15][16][17][18] It is seen as one of the main drivers behind the development of Fusion Pilot Plants[19] and supported the fusion energy public-private partnership amendment in H.R.133 - Consolidated Appropriations Act, 2021, which authorized $325 million over 5 years for the partnership program to build fusion demonstration facilities.[20] The Fusion Industry Association has also played a role in the formation of the Congressional Fusion Caucus.[21]

Challenges facing the Fusion Industry Association include attracting the billions of dollars of funding necessary to create a commercial fusion power industry; improving the private sector's relationship with the public sector, including the world's largest fusion power science experiment, ITER; internationalizing a Global North-dominated energy development sector by bridging the North–south divide, and the credibility of some of its members.[10]

See also

References
  1. Roma, Amy; Desai, Sachin (2018-11-12). "Fusion Innovation Crosses Milestone with Launch of Fusion Industry Association". New Nuclear. Retrieved 2020-02-25.
  2. Tennenbaum, Jonathan (2021-01-16). "Race is on to commercialize fusion energy". Asia Times. Retrieved 2021-01-30.
  3. Tennenbaum, Jonathan (2021-01-18). "America on a new fast track to fusion energy". Asia Times. Retrieved 2021-01-30.
  4. Tennenbaum, Jonathan (2021-01-20). "Fusion companies aiming at trillion dollar market". Asia Times. Retrieved 2021-01-30.
  5. Holland, Andrew (2020-11-13). "Political and commercial prospects for inertial fusion energy". Philosophical Transactions of the Royal Society A: Mathematical, Physical and Engineering Sciences. 378 (2184): 20200008. Bibcode:2020RSPTA.37800008H. doi:10.1098/rsta.2020.0008. PMID 33040662. S2CID 222277887.
  6. "Fusion Industry Association Announces Independent Incorporation and Expansion". AP NEWS. 2021-05-05. Retrieved 2021-05-20.
  7. Carayannis, Elias; Draper, John; Crumpton, Charles (2022). "Reviewing fusion energy to address climate change by 2050". Journal of Energy and Development. 47 (1).
  8. Nehl, C. L.; Umstattd, R. J.; Regan, W. R.; Hsu, S. C.; McGrath, P. B. (2019-10-08). "Retrospective of the ARPA-E ALPHA Fusion Program". Journal of Fusion Energy. 38 (5–6): 519. arXiv:1907.09921. Bibcode:2019arXiv190709921N. doi:10.1007/s10894-019-00226-4. ISSN 0164-0313. S2CID 198179698.
  9. Michaels, Daniel (2020-02-06). "Fusion Startups Step In to Realize Decades-Old Clean Power Dream". Wall Street Journal. ISSN 0099-9660. Retrieved 2020-02-17.
  10. Carayannis, Elias G.; Draper, John; Bhaneja, Balwant (2020-10-02). "Towards Fusion Energy in the Industry 5.0 and Society 5.0 Context: Call for a Global Commission for Urgent Action on Fusion Energy". Journal of the Knowledge Economy. 12 (4): 1891–1904. doi:10.1007/s13132-020-00695-5. ISSN 1868-7873.
  11. "Andrew Holland". American Security Project. Retrieved 2023-08-29.
  12. "Fusion White Paper – 10 Year Plan for American Energy Security". American Security Project. July 10, 2014. Retrieved 2020-02-17.
  13. "Fusion White Paper – 10 Year Plan for American Energy Security". Scribd. Retrieved 2020-02-17.
  14. Roma, Amy C.; Desai, Sachin S. (2020). The Regulation of Fusion – A Practical and Innovation-Friendly Approach (PDF). Washington, D.C.: Hogan Lovells. p. 4.
  15. Holland, Andrew (2020-06-12). "Fusion Regulatory White Paper". Fusion Industry Assn. Retrieved 2020-10-07.
  16. Holland, Andrew. "Fusion energy needs smart federal government regulation". The Washington Times. Retrieved 2020-10-10.
  17. Slesinski, Daniel (2021-01-28). "NRC Hosts Virtual Public Meeting on Developing Options for a Regulatory Framework for Fusion Energy". Fusion Industry Association. Retrieved 2021-01-30.
  18. Slesinski, Daniel (2021-03-30). "NRC Hosts Second Virtual Public Meeting on Developing a Regulatory Framework for Fusion Energy". Fusion Industry Assn. Retrieved 2021-04-10.
  19. "National Academies calls for a fusion pilot plant". Bulletin of the Atomic Scientists. 2021-04-14. Retrieved 2021-04-15.
  20. Holland, Andrew (2021-01-05). "Fusion Legislation Signed into Law". Fusion Industry Association. Retrieved 2021-01-30.
  21. "FIA Congratulates Congressional Bipartisan Fusion Caucus". Fusion Industry Assn. 2021-02-19. Retrieved 2021-02-26.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.