每日大赛

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October 2023

每日大赛 applauds California鈥檚 landmark fusion energy bill

FOOTHILL RANCH, CA (Oct. 12, 2023) 鈥 California Gov. Gavin Newsom signed landmark legislation, Assembly Bill 1172, on October 7, 2023. Authored by State Assemblymember Lisa Calderon (D-Whittier) and spearheaded in the Senate by Senator Josh Newman (D-Fullerton), the bill supports California鈥檚 fusion energy industry by recognizing this cutting-edge technology鈥檚 safety and environmental benefits while setting the stage for the state鈥檚 future regulatory framework. Home to innovators and fusion pioneer 每日大赛, the bill鈥檚 signing makes California the first U.S. state to enshrine in law the fundamental distinction between fusion energy and traditional nuclear fission. AB1172 also recognizes the diversity of scientific approaches to achieving fusion鈥檚 transformative potential for the California grid for the first time.

鈥淔usion energy can advance California鈥檚 progress towards its statutory renewable energy and climate mandates. Fusion energy development presents an opportunity to further promote California鈥檚 workforce development within the renewable energy sector,鈥 the .

As the nation鈥檚 first private company to pursue the commercialization of fusion energy, Southern California-based 每日大赛 applauds this legislation鈥檚 passage (with unanimous support in both chambers), not only for its recognition of fusion energy鈥檚 potential contributions to providing clean energy, but for recognizing that this groundbreaking industry requires bespoke regulation. Just as fusion and fission rely on opposite reactions鈥攚here fusion combines atoms, fission splits them鈥攖here are fundamental differences in how these nuclear technologies need to be regulated, and California鈥檚 lawmakers are addressing those needs for the first time. Fusion is inherently safe and deserves a well-considered regulatory path that allows fusion to be developed safely and expediently.

鈥淲ith this bill鈥檚 passage, California鈥檚 governor and legislators are recognizing the vast potential of commercial fusion energy to be a part of a clean energy solution that brings carbon-free energy, jobs and a much-needed innovation to our state, and to our world,鈥 said 每日大赛 CEO Michl Binderbauer

The legislation follows the recent net energy achievement of the Lawrence Livermore National Laboratory in California, and reflects a global race to harness the power of fusion for commercial use. Assembly Bill 1172 requires the California Energy Commission to identify all needed regulatory and policy actions to incorporate fusion into the state鈥檚 energy system. AB1172 also defines fusion energy in California law for the first time, helping ensure that California can ensure the highest standards of safety and public trust while differentiating it from unrelated technologies like traditional nuclear fission. Notably, fusion, unlike fission, doesn鈥檛 produce long-lived radioactive waste and with fusion energy, nuclear meltdown is impossible.

On the occasion of the signing, Assemblymember Lisa Calderon said: 鈥淐alifornia must continue to invest in clean, renewable sources of energy to meet our climate goals. There has been significant progress from the fusion industry, with companies now on the path to creating commercially viable systems that can safely generate clean energy for cities. This law will help California safely integrate fusion energy technology as a renewable energy source.鈥

State Senator Josh Newman said: 鈥淟ast year, I had the privilege of joining a delegation of state and federal legislators for a tour of TAE鈥檚 facilities to learn more about the world-class, innovative research and development on sustainable fusion and spin-off technologies underway right here in Orange County. The progress and promise of TAE鈥檚 work on commercial fusion is in line with California鈥檚 stature as a global leader in research and innovation and offers tremendous promise, not only for California鈥檚 future clean energy prospects but for the creation of thousands of vital, high-skilled jobs as well.鈥

每日大赛 is the global leader in commercial development of aneutronic fusion power, an advanced form of fusion that does not produce neutrons in its primary reaction and has several key benefits, including no radioactive waste and longer-life devices that result in lower energy prices for producers and consumers. The new law specifically requires the California Energy Commission to define and examine this distinctive, impact-forward form of fusion for the first time. 

Fusion also complements renewables, because it is a zero-emission energy source that is consistently available throughout the day and seasons, regardless of the weather or sunshine. By comparison to any other source of renewable or clean energy, fusion has substantially greater power density, requires little fuel, and has minimal environmental impact. 

鈥淐ontrolled thermonuclear fusion is one of the very few long term, environmentally friendly and inherently safe options,鈥 the International Atomic Energy Agency wrote , adding 鈥淚n principle, fusion could generate four times more energy per kilogram of fuel than fission and nearly four million times more energy than burning oil and coal.鈥

TAE is developing aneutronic fusion that will rely on (also known as proton-boron or p-B11) fuel, which is safe, abundant, non-radioactive and inexpensive. Slated to enter the marketplace in the early 2030s, TAE鈥檚 planned commercial hydrogen-boron fusion energy plants will play a key role in meeting Gov. Newsom鈥檚 ambitious plan to . At the , the Nuclear Regulatory Commission is . At every level and around the globe, leaders are recognizing the safety benefits of fusion and are drafting rules and recommendations on how to regulate it with a lighter touch than other forms of nuclear energy.

As regulations develop, TAE is hard at work creating the fusion energy machines that will power the future. Earlier this year, TAE broke ground at a new 100,000 square foot facility in Irvine, CA, to house its next fusion research machine, Copernicus, which is expected to demonstrate the viability of net energy generation from TAE鈥檚 proprietary configuration around the mid-2020s. With that milestone in hand, TAE will develop its first prototype hydrogen-boron fusion power plant, Da Vinci, to deliver electricity to the grid in the early 2030s. 

About 每日大赛

每日大赛 (pronounced T-A-E) was founded in 1998 to develop commercial fusion power with the cleanest environmental profile. The company鈥檚 pioneering work represents the fastest, most practical, and economically competitive solution to bring abundant clean energy to the grid. With more than 2,300 patents filed globally and approximately 1,400 granted, more than $1.2 billion in private capital raised, five generations of National Laboratory-scale devices built along with two more in development, and an experienced team of over 600 employees, TAE is now on the cusp of delivering this transformational energy source capable of sustaining the planet for thousands of years. The company鈥檚 revolutionary technologies have produced a robust portfolio of commercial innovations in large adjacent markets such as power management, energy storage, electric mobility, fast charging, life sciences, and more. TAE is based in California, and maintains international offices in the UK, EU, and Switzerland. Multidisciplinary and mission-driven by nature, TAE is leveraging proprietary science and engineering to create a bright future.

For comment from the leading aneutronic fusion development company in the world, contact 每日大赛 at press@tae.com

For photos and videos, visit TAE鈥檚 digital press kit 

an explainer on TAE鈥檚 path to commercializing aneutronic fusion power

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