For purposes of this chapter, all of the following definitions apply:

1. (a) “Financial incentive” includes a contract, grant, loan, or other appropriate funding mechanism.
2. (b) “Fusion” means a reaction in which at least one heavier, more stable nucleus is produced from at least one lighter, less stable nucleus, typically through high temperatures and pressures, and emitting energy as a result.
3. (c) “Fusion energy” means the product of fusion reactions inside a fusion device that is used to generate electricity or other commercially usable forms of energy.
4. (d) “Initiative” means the Fusion Research and Development Innovation Initiative established pursuant to Section 25997.1.