U.S. Fusion Budgets

March 19, 2024

The U.S. Congress recently passed, and the President signed, a Bill providing funding for the U.S. Department of Energy (DOE) for Fiscal Year 2024, which began October 1, 2023 and ends September 30, 2024. DOE and most of the rest of the U.S. government has been operating on a "continuing resolution" since October 2023 at the previous fiscal year levels.

For Fusion Energy Sciences (FES) within the Department of Energy (DOE) Office of Science, the bill provides $790 million, compared to $763 million in FY 2023. Of that, $250 million is provided for the U.S.contribution to the international ITER project, compared to $253 million in FY23, and $540 million for the balance of the fusion program, compared to $510 million in FY23.

For Inertial Confinement Fusion (ICF) within the NNSA part of DOE, the bill provides $690 million, compared to $630 million in FY23,

Shortly after passage of the FY 2024 funding bill, President Biden announced that he was requesting $844 million for FES and $683 million for ICF in his FY 2025 submission to Congress. As in the past, this request is not expected to be finalized by Congress until well after the 2025 Fiscal Year begins on October 1.

For more information visit: https://www.aip.org/fyi/federal-science-budget-tracker and select the appropriate program link.