INTERNATIONAL FUSION ENERGY CONSORTIUM
Category: Advancement of Industry
Proposed by: Demonos
Purpose
Throughout the world many nations have sought to power their homes and industries with nuclear reactors as a way to mitigate carbon based energy problems of pollution, price, and scarcity. The fission fuel nuclear reactor has been the twentieth century's answer to cleaner and more sustainable energy. The twenty-first century has seen more advanced designs of nuclear energy move away from fission techniques and into fusion processes.
The International Fusion Energy Consortium (IFEC) shall exist to provide support to incorporated nations for research, construction, maintenance, and oversight of the future of nuclear energy: fusion reactors. The creation of the IFEC is intended to promote the worldwide advancement of fusion energy and the development of environmentally safe confinements. The IFEC is concerned with advancing the understanding of fusion physics by providing a forum which the exchange of scientific knowledge may be utilized to stabilize a nation's industry and deliver safe clean energy to national customers. It will be responsible for regulating facilities, standardizing qualifications for effective personnel, and licensure of facilities. Its ultimate purpose is to provide the world with peaceful, safe, and reliable fusion energy.
I: The IFEC
(a.) The IFEC shall be an apolitical institution with a mission to produce annual safety and operational regulations for incorporated FPPs, international environmental impact research of fusion energy technologies, health and wellbeing research of FPP personnel, training curriculum, qualification mandates and standards.
(b.) The work of the IFEC shall be mandated to completing objectives at the end of each quarter during a fiscal year which shall begin January 1 and end on December 31 using the Gregorian calendar and shall achieve the following per quarter:
- 1. First Quarter IFEC objectives:
- i. Report on the previous fiscal year's accomplishments and failures.
ii. Statement of the IFEC's current year's goals.
iii. Promulgation of the semi-annual scientific journal detailing the results of research funded by IFEC grants.
iv. Previous year's production of Energy (gross and net).
v. Collection of annual incorporated nations' dues.
vi. Informal publication of MSF financial report for projected fiscal year.
- 2. Second Quarter IFEC objectives:
- i. Produce updated safety and operational guidelines for FPP(s) of incorporated nations.
ii. publish and/or keep updated emergency procedures involving fusion reactor accidents.
iii. Allocate and disburse financial resources from the superfund to support FPP construction, research, inspection, and education.
- 3. Third Quarter IFEC objectives:
- i. Publish an annual environmental assessment of IFEC projects
ii. Promulgation of a semi-annual scientific journal detailing engineering and construction of FPPs, innovation of industry technology, and scientific peer review of current theory and design.
iii. Evaluate the security of IFEC FPP installations and mitigate risk.
iv. Administer licensure of FPP construction based on peer reviewed design.
- 4. Fourth Quarter IFEC objectives:
- i. Publish inspection findings and recommendations tailored for individual incorporated nations to adopt.
ii. Review and enforce incorporated nations' compliance with IFEC rules.
iii. Formal financial report of the MSF promulgated for the fiscal year.
iv. Allocate and disburse superfund monies for maintenance, compliance, and security.
(d.) Requirements for application of IFEC incorporation:
- 1.) WA member nation containing an institution of higher education with a division of the school dedicated to sciences
2.) Nation must comply with IFEC safety, environmental, and operational regulations on FPPs.
3.) A nation must be denied incorporation by the IFEC if applicant is held in condemnation by the Security Council
4.) Must annually contribute to the IFEC superfund. First contribution due within the quarter of IFEC approval of national application for incorporation
(f.) The IFEC may not support technologies outside peaceful fusion power production.
II: The IFEC Superfund
(a.) The IFEC shall create a superfund of monies from individual participating incorporated nation's contributions: "dues". An annual investment of .09% of an incorporated nation's GDP shall be required to maintain incorporated nation status in the IFEC and entitlement to shared scientific and financial resources.
(b.) The IFEC shall charge an accredited international financial institution with managing the superfund (MSF). The MSF must produce quarterly informal reports that account for the usage of this fund's resources. The MSF must produce a formal financial report annually that accounts for the detailed use of all monies in the fund. The formal report must be made available to the general public.
(c.) 12.6% of the IFEC superfund must be held liquidable and in reserve in the case of an emergency involving a fusion reactor incident that threatens the international environment and health of the world's populations in and out of incorporated nations. In the event of a fusion reactor accident relief must be distributed in an expedited manner.
(d.) The IFEC shall leverage the remainder of the superfund to underwrite FPP construction projects in incorporated nations, bolster nuclear physics education programs, employment of IFEC inspectors, administration of licensure, and grants to scientific research in support of fusion reactor technology.
III: Incorporated Nations
(a.) Are entitled to all information collected, promulgated, and reviewed by the IFEC.
(b.) Are required to disclose to the IFEC all scientific findings from allocated research grants.
(c.) Are to report all relevant FPP data, scientific findings, and facility activity to the IFEC for fair use of participating incorporated nations.
(d.) Are entitled to all financial information such as the use and expenditure of monies by the IFEC and purposes and results of the all monies held in the superfund.
(e.) May withdraw their membership from the IPEC and be refunded their year's dues should they lose confidence in the institution.
(f.) Are entitled to a full apolitical explanation of denial of IPEC superfund disbursement for an FPP project, research grant, or personnel training program.
IV: Limitations of IFEC
(a.) This proposal is limited to WA member nations who elect participation in the IFEC. IFEC dues may not be collected from WA members who do not have a nuclear power infrastructure, do not have interest in developing FPPs, and do not incorporate in the IFEC.
(b.) Membership in IFEC is not a requirement to develop fusion energy technologies in unincorporated WA member nations.
Definitions
"fission energy" - the splitting of an atomic nucleus resulting in the release of large amounts of energy
"fusion energy" - the union of atomic nuclei to form heavier nuclei resulting in the release of enormous quantities of energy when certain light elements unite
"FPP(s)" - Fusion Power Plant(s)
"incorporated nations" - WA member nations that are nuclear powered nations who have petitioned the (IFEC) to join in the international effort for fusion reactor realization. They have one representitive scientist on the Forum of the (IFEC) and are able to request superfund monies for construction, maintenance, and research for a FPP.
