European Fusion Business Association

The European Fusion Business Association participated in the Fusion Industry Conference 2024, held in Lisbon on December 2nd.   This event, organized by the ANI | Agência Nacional de Inovação brought together key players from the #fusion #ecosystem to discuss the latest advancements, challenges, and opportunities in fusion #energy. This conference also celebrated an important milestone: the first 100M€ in contracts awarded to Portuguese companies by ITER Organization and Fusion for Energy ✨ The European Fusion Business Association presented its model for enhancing and strengthening collaboration between industry and research institutions, offering a guideline for Portuguese companies aiming at accelerating their involvement in Fusion projects.   🤝 We thank the ANI for the invitation and for organizing such an interesting event. #EUFBA #FusionEnergy #ANI #collaboration

🚀 𝐓𝐡𝐞 𝐄𝐮𝐫𝐨𝐩𝐞𝐚𝐧 𝐅𝐮𝐬𝐢𝐨𝐧 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐀𝐬𝐬𝐨𝐜𝐢𝐚𝐭𝐢𝐨𝐧 𝐆𝐚𝐢𝐧𝐬 𝐌𝐨𝐦𝐞𝐧𝐭𝐮𝐦⁣ ⁣ 𝐓𝐡𝐞 𝐄𝐮𝐫𝐨𝐩𝐞𝐚𝐧 𝐅𝐮𝐬𝐢𝐨𝐧 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐀𝐬𝐬𝐨𝐜𝐢𝐚𝐭𝐢𝐨𝐧, 𝐚𝐧 𝐢𝐧𝐭𝐞𝐠𝐫𝐚𝐭𝐢𝐯𝐞 𝐢𝐧𝐢𝐭𝐢𝐚𝐭𝐢𝐯𝐞 𝐢𝐧 𝐭𝐡𝐞 𝐟𝐢𝐞𝐥𝐝 𝐨𝐟 𝐟𝐮𝐬𝐢𝐨𝐧 𝐞𝐧𝐞𝐫𝐠𝐲, 𝐡𝐚𝐬 𝐭𝐚𝐤𝐞𝐧 𝐚 𝐬𝐢𝐠𝐧𝐢𝐟𝐢𝐜𝐚𝐧𝐭 𝐬𝐭𝐞𝐩 𝐟𝐨𝐫𝐰𝐚𝐫𝐝 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐬𝐮𝐜𝐜𝐞𝐬𝐬𝐟𝐮𝐥 𝐜𝐨𝐧𝐜𝐥𝐮𝐬𝐢𝐨𝐧 𝐨𝐟 𝐢𝐭𝐬 𝐰𝐨𝐫𝐤𝐬𝐡𝐨𝐩 𝐫𝐞𝐠𝐚𝐫𝐝𝐢𝐧𝐠 𝐩𝐢𝐥𝐥𝐚𝐫𝐬 𝐟𝐨𝐫 𝐥𝐚𝐲𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐨𝐮𝐧𝐝𝐚𝐭𝐢𝐨𝐧 𝐟𝐨𝐫 𝐚𝐧 𝐨𝐩𝐞𝐧 𝐚𝐧𝐝 𝐢𝐧𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐟𝐮𝐭𝐮𝐫𝐞 𝐟𝐮𝐬𝐢𝐨𝐧 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐚𝐬𝐬𝐨𝐜𝐢𝐚𝐭𝐢𝐨𝐧.⁣ ⁣ Today, 85 representatives from the fusion supply chain, startups, public institutions, and other entities participated in a hybrid meeting to shape the future of the European Fusion Business Association. This meeting builds on the momentum of the meeting held in Barcelona earlier this year.⁣ The workshop provided a dynamic platform for exchanging ideas, shaping common strategies, and charting a roadmap toward a cleaner and more sustainable energy future. During the meeting, participants discussed and voted on the cornerstone principles that will form the basis of the association's statutes. By the end of the meeting, attendees expressed strong support for the proposed principles, acknowledging the importance of moving forward with the initiative.⁣ ⁣ 𝐍𝐞𝐱𝐭 𝐒𝐭𝐞𝐩𝐬 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐀𝐬𝐬𝐨𝐜𝐢𝐚𝐭𝐢𝐨𝐧⁣ A working group will now draft a proposal for the Articles of Association, which will be shared with participants for feedback. In January 2025, a follow-up meeting is foreseen to resolve any outstanding issues before formally establishing the association.⁣ ⁣ 𝐃𝐢𝐯𝐞𝐫𝐬𝐞 𝐏𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐭𝐢𝐨𝐧 𝐀𝐜𝐫𝐨𝐬𝐬 𝐄𝐮𝐫𝐨𝐩𝐞 𝐚𝐧𝐝 𝐁𝐞𝐲𝐨𝐧𝐝⁣ The meeting brought together a wide range of participants, including companies and organizations from Belgium, Finland, France, Germany, Hungary, Italy, Poland, Portugal, Spain, Sweden and from outside EU, Switzerland and the United Kingdom. ⁣ Participants represented various sectors and organization sizes, including:⁣ • Fusion startups: 14%⁣ • Small and Medium Enterprises (SMEs): 32%⁣ • Large companies: 23%⁣ • Public institutions: 17%⁣ • Other entities: 14%⁣ ⁣ 𝐀 𝐏𝐫𝐨𝐦𝐢𝐬𝐢𝐧𝐠 𝐒𝐭𝐞𝐩 𝐅𝐨𝐫𝐰𝐚𝐫𝐝⁣ The European Fusion Business Association aims to unite stakeholders across the fusion energy sector, creating a platform for boosting the commercial use of fusion energy. Today’s meeting marks an important step toward realizing this vision and ensuring a cohesive and integrative approach to advancing fusion energy.⁣ ⁣ 📢 𝐒𝐭𝐚𝐲 𝐭𝐮𝐧𝐞𝐝 𝐟𝐨𝐫 𝐦𝐨𝐫𝐞 𝐮𝐩𝐝𝐚𝐭𝐞𝐬 𝐚𝐬 𝐭𝐡𝐢𝐬 𝐢𝐧𝐢𝐭𝐢𝐚𝐭𝐢𝐯𝐞 𝐩𝐫𝐨𝐠𝐫𝐞𝐬𝐬𝐞𝐬 𝐭𝐨𝐰𝐚𝐫𝐝 𝐢𝐭𝐬 𝐨𝐟𝐟𝐢𝐜𝐢𝐚𝐥 𝐥𝐚𝐮𝐧𝐜𝐡 𝐢𝐧 𝟐𝟎𝟐𝟓.⁣ ⁣ #fusionenergy #europe #inclusive #business #industry INEUSTAR - Spanish Science Industry Association #profusion We thank SOST-CDTI for their hospitality

🔔 Exciting times ahead! We are thrilled for the upcoming European Fusion Business Association (EuFBA) meeting on November 27th! This event is crucial for the future of #fusion #energy in #Europe, and we can't wait to be part of the discussions that will shape the next steps in this exciting field ♻ 🤝 Let's make the most of this opportunity to #collaborate and push the boundaries of what’s possible together! 🌍 ✅ Please, confirm your participation by sending an email to 𝚒̲𝚗̲𝚏̲𝚘̲@̲𝚎̲𝚞̲𝚏̲𝚋̲𝚊̲.̲𝚎̲𝚞̲ Looking forward to seeing you there! #EuFBA #FusionEnergy #Europe #Innovation #Collaboration

Today, the European Fusion Business Association (Fusion Europe) has participated in COP29 Azerbaijan, held in Baku. At ITER Organization's booth, PhD. Erik Fernández Escudero outlined the roadmap for the Fusion Europe Association, emphasizing the benefits of having a united voice for the private sector within the fusion ecosystem. On November 27th, the Association's statutes will be discussed during an open hybrid workshop (Brussels/online).

❗ 𝗥𝗘𝗠𝗜𝗡𝗗𝗘𝗥 📅 𝐖𝐨𝐫𝐤𝐬𝐡𝐨𝐩 𝟏𝟏:𝟎𝟎 - 𝟏𝟒:𝟎𝟎 𝐍𝐨𝐯𝐞𝐦𝐛𝐞𝐫 𝟐𝟕𝐭𝐡 𝐢𝐧 𝐁𝐫𝐮𝐬𝐬𝐞𝐥𝐬 (𝐡𝐲𝐛𝐫𝐢𝐝) ✅ As of today, we are pleased to have 54 registered participants from 9 European countries 🌍. Our upcoming event, dedicated to discussing the cornerstones of the future European Fusion Association, is now just 15 days away! This gathering promises to be an 𝗶𝗻𝘃𝗮𝗹𝘂𝗮𝗯𝗹𝗲 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝗳𝗼𝗿 𝗼𝗽𝗲𝗻 𝗮𝗻𝗱 𝗶𝗻𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗱𝗶𝗮𝗹𝗼𝗴𝘂𝗲 on the direction and objectives of our future partnership. The 𝗱𝗲𝗮𝗱𝗹𝗶𝗻𝗲 𝗳𝗼𝗿 𝗿𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 𝗶𝘀 𝗻𝗲𝘅𝘁 𝗙𝗿𝗶𝗱𝗮𝘆, 𝗡𝗼𝘃𝗲𝗺𝗯𝗲𝗿 𝟮𝟮𝗻𝗱. 📤 Secure your spot (in person or online) by sending an email to 𝚒̲𝚗̲𝚏̲𝚘̲@̲𝚎̲𝚞̲𝚏̲𝚋̲𝚊̲.̲𝚎̲𝚞̲ This workshop is organized by Pro-Fusion (the German Fusion Association) and INEUSTAR - Spanish Science Industry Association. As soon as the new working group is fully operational, it will be in charge of the foundational pillars.

📅 𝐖𝐨𝐫𝐤𝐬𝐡𝐨𝐩 𝟏𝟏:𝟎𝟎 - 𝟏𝟒:𝟎𝟎 𝐍𝐨𝐯𝐞𝐦𝐛𝐞𝐫 𝟐𝟕𝐭𝐡 𝐢𝐧 𝐁𝐫𝐮𝐬𝐬𝐞𝐥𝐬 (𝐡𝐲𝐛𝐫𝐢𝐝) During this event, a 𝐰𝐨𝐫𝐤𝐢𝐧𝐠 𝐠𝐫𝐨𝐮𝐩 will be formally established 𝐭𝐨 𝐜𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐯𝐞𝐥𝐲 𝐫𝐞𝐟𝐢𝐧𝐞 𝐭𝐡𝐞 𝐟𝐨𝐮𝐧𝐝𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐩𝐢𝐥𝐥𝐚𝐫𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐚𝐬𝐬𝐨𝐜𝐢𝐚𝐭𝐢𝐨𝐧 and address any remaining challenges. Some items that will be specifically addressed are: -         Name and Objectives of the Association -         Membership -         Working groups -         Board of Directors -         Composition and eligibility of Secretariat and General Manager ✅ Please, confirm your participation (in person or online) by sending an email to 𝚒̲𝚗̲𝚏̲𝚘̲@̲𝚎̲𝚞̲𝚏̲𝚋̲𝚊̲.̲𝚎̲𝚞̲ This workshop is organized by Pro-Fusion (the German Fusion Association) and INEUSTAR - Spanish Science Industry Association. As soon as the new working group is fully operational, it will be in charge of the foundational pillars.

𝗣𝗿𝗲𝘀𝘀 𝗥𝗲𝗹𝗲𝗮𝘀𝗲: 𝗧𝗵𝗲 𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝗙𝘂𝘀𝗶𝗼𝗻 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗔𝘀𝘀𝗼𝗰𝗶𝗮𝘁𝗶𝗼𝗻 (𝗘𝗨𝗙𝗕𝗔) 𝘁𝗮𝗸𝗲𝘀 𝗮 𝗸𝗲𝘆 𝘀𝘁𝗲𝗽 𝗳𝗼𝗿𝘄𝗮𝗿𝗱, 𝗲𝗺𝗽𝗵𝗮𝘀𝗶𝘇𝗶𝗻𝗴 𝗶𝗻𝗰𝗹𝘂𝘀𝗶𝘃𝗶𝘁𝘆 𝗮𝗰𝗿𝗼𝘀𝘀 𝘁𝗵𝗲 𝗲𝗻𝘁𝗶𝗿𝗲 𝘃𝗮𝗹𝘂𝗲 𝗰𝗵𝗮𝗶𝗻 Following the work held during the summer and the productive discussions at the recent Symposium on Fusion Technologies (SOFT) and the Big Science Business Forum (BSBF), the European Fusion Business Association (EUFBA) is moving ahead in the process initiated earlier this year in Barcelona. A hybrid meeting is being organized in Brussels on November 27th, where more than 30 companies that have expressed their interest will come together to agree on the cornerstones of the future statutes. This inclusive workshop will refine the statutes and address any outstanding questions or challenges in a collaborative and open way. EUFBA continues to welcome expressions of interest from those who wish to join this working group (info@eufba.eu) The definition of the statutes will represent a major milestone and will be designed to reflect the interests of all stakeholders across the fusion value chain, from suppliers to companies involved in the construction of fusion power plants. They will ensure the representativeness and common interests of the entire fusion sector. The association is planned to be established in Brussels under Belgian law, and preliminary discussions have explored legal options for drafting statutes that uphold principles of transparency, inclusivity, and balanced democratic governance, ensuring the industry itself takes the lead. Once the statutes are finalized, a General Assembly will be convened, welcoming the participation of all interested stakeholders in the fusion sector. EUFBA’s core mission is to ensure that every part of the supply chain, as well as companies planning to build fusion power plants, play a vital role in driving the growth of fusion energy as a clean and safe alternative to fossil fuels. Through collaboration and innovation across the value chain, EUFBA aims to strengthen and maintain Europe’s leadership in the global journey toward fusion. EUFBA Team

𝗣𝗿𝗲𝘀𝘀 𝗥𝗲𝗹𝗲𝗮𝘀𝗲: 𝗟𝗮𝘂𝗻𝗰𝗵 𝗼𝗳 𝗣𝗮𝘁𝗵𝘄𝗮𝘆 𝘁𝗼 𝘁𝗵𝗲 𝗘𝗨 𝗙𝘂𝘀𝗶𝗼𝗻 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗔𝘀𝘀𝗼𝗰𝗶𝗮𝘁𝗶𝗼𝗻 Yesterday, over 100 participants representing companies from 10 European countries came together to discuss the creation of an EU Fusion Business Association during a hybrid meeting hosted at the premises of Fusion for Energy (F4E). The meeting provided an open and productive platform for dialogue, where participants focused on defining the association's core principles. By the end of the session, three essential pillars were agreed: transparency and inclusivity from the beginning, balanced democratic governance, and leadership driven by the industry itself. These foundational elements, emphasizing inclusivity from the start, are crucial to ensure fair representation and active involvement, making the association a true representative voice for the industry. The meeting concluded with a consensus to form a dedicated working group to establish the foundational framework for the EU Fusion Business Association. Most participants expressed their interest in joining this future group to define the Association’s structure, objectives, and membership criteria, ensuring that the agreed-upon principles are effectively implemented. The EU Fusion Business Association will be established to unify the interests of companies and work collaboratively with all stakeholders in the European fusion ecosystem. Its goals will include strengthening the supply chain and partnering with emerging private fusion initiatives, ensuring that Europe maintains its technological leadership in fusion technology. Through collective effort and strategic collaboration and driven by technology, the association will aim to steer innovation and secure a competitive edge for Europe in the global fusion market. If you want to commit to this initiative and be an active part of the working group, email us before July 5th at info@eufba.eu #association #fusion #business #fusionbusiness #fusionindustry #industry