The Ohio Fusion Energy Advancement Act aims to establish a regulatory, economic, and energy market framework for fusion energy in Ohio. The bill amends section 4928.73 and enacts a new section, 122.1714, which mandates the creation of an Ohio fusion energy working group within one year of the act's effective date. This working group will be responsible for identifying regulatory gaps in the licensing and certification of fusion energy facilities, evaluating workforce and supply chain needs, and recommending economic development strategies. The group will consist of representatives from various state departments, educational institutions, and the fusion energy industry, all appointed by the governor.

Additionally, the bill includes provisions for the working group to submit annual reports on its findings and to reconvene five years after its initial report to assess necessary regulatory changes for the continued development of fusion energy. The act also introduces a definition for "fusion energy system" and outlines the characteristics of a "mercantile customer self-power system," which may include fusion energy systems. The existing section 4928.73 is repealed, and the Department of Development is tasked with reviewing state programs supporting clean energy generation to identify potential incentives for fusion facilities.

Statutes affected:
As Introduced: 4928.73