The US-based Fusion Industry Association (FIA) has written to the European Union’s energy commissioner calling for immediate action to begin the process of determining a regulatory regime for commercial fusion.
The FIA said the letter comes at a time when governments are increasingly looking into solidifying regulations for fusion energy, following recent regulatory decisions by the US and the UK.
The FIA is calling for progress in formulating a regulatory framework for the development of fusion energy because, it says, “early movers will have a competitive advantage in further shaping the industry, which spent over $500m on the supply chain in 2022”.