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Spending Caps Impose Shortfalls on Planned Fusion Energy Development Allocations

Posted on 3 July 2024 By No Comments on Spending Caps Impose Shortfalls on Planned Fusion Energy Development Allocations

Despite advances in the last two years, the federal government’s fiscal year 2025 budget falls short of annual allocations outlined in 2021’s CHIPS and Science Act and funding requests from industry leaders for fusion energy research and development.
Rep. Zoe Lofgren (D-Calif.) is calling on Congress to find the money to meet those benchmarks if the United States is to remain the global leader in developing what some call the “holy grail” in emerging energy technologies.
The administration and Congress must “get these programs on a much stronger footing at this critical juncture for the budding U.S. fusion industry,” she told Department of Energy (DOE) Deputy Secretary David Turk during a June 26 hearing on the department’s proposed $51.42 billion fiscal 2025 budget before the House Science, Space, and Technology Committee….

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