Capital intensity and first-of-a-kind (FOAK) risk make fusion power plants fundamentally a financing challenge. The structure of capital and allocation of risk at FOAK will determine the timeline and cost of commercial deployment.

• What capital stack - equity, debt, guarantees, incentives, and insurance - can realistically finance a FOAK plant?
• How are construction, technology, and market risks allocated, and at what price?
• Which FOAK proof-points will materially compress cost of capital, timelines, and execution risk for NOAK?
• How can simulation, digital twins, and AI reduce contingencies and improve schedule and cost certainty?
• How do licensing and permitting timelines shape overall project bankability?

Moderated by: Jannet Shimell, Advanced Energy Technologies Director, AtkinsRéalis

Participants include: