{"id":26911,"date":"2025-11-25T08:33:00","date_gmt":"2025-11-25T07:33:00","guid":{"rendered":"https:\/\/www.fundacionbankinter.org\/?post_type=noticias&#038;p=26911"},"modified":"2025-12-10T15:50:44","modified_gmt":"2025-12-10T14:50:44","slug":"fusion-and-industry-unlocking-public-private-collaboration-for-a-faster-energy-future","status":"publish","type":"noticias","link":"https:\/\/www.fundacionbankinter.org\/en\/news\/fusion-and-industry-unlocking-public-private-collaboration-for-a-faster-energy-future\/","title":{"rendered":"Fusion and industry: keys to a public-private collaboration that accelerates the energy future"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><em>This article has been translated using artificial intelligence<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.fundacionbankinter.org\/en\/ftf-informes\/fusion-forward\/#report-section-00\"><strong>Fusion energy<\/strong><\/a> is at a turning point. It\u2019s no longer just about achieving ignition or sustaining confined plasma. The real challenge now is <strong>transforming decades of scientific research into a scalable, viable, and sustainable industrial infrastructure<\/strong>. To make this leap -from lab to market- <strong>public-private partnerships<\/strong> are the structural cornerstone.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At the <em>Future Trends Forum<\/em> event, <strong>\u201c<\/strong><a href=\"https:\/\/www.fundacionbankinter.org\/en\/ftf-informes\/fusion-forward\/#report-section-00\"><strong>Fusion Energy: A Revolution in Motion<\/strong><\/a><strong>\u201d<\/strong>, Fundaci\u00f3n Innovaci\u00f3n Bankinter brought together international experts to tackle this exact issue. Among the most anticipated speakers were:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.fundacionbankinter.org\/en\/experts\/carlos-alejandre\/\"><strong>Carlos Alejandre<\/strong><\/a>, Chair of the Governing Board at <a href=\"https:\/\/fusionforenergy.europa.eu\"><strong>Fusion for Energy<\/strong><\/a> -the body responsible for channeling European resources into fusion development- and Emeritus Scientist at <a href=\"https:\/\/www.ciemat.es\/en\"><strong>CIEMAT<\/strong><\/a>.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.fundacionbankinter.org\/en\/experts\/maria-teresa-dominguez\/\"><strong>Mar\u00eda Teresa Dom\u00ednguez<\/strong><\/a>, Director of the Advanced Projects, R&amp;D, and New Nuclear Builds Business Unit at <a href=\"https:\/\/www.empresariosagrupados.es\/en\"><strong>Empresarios Agrupados<\/strong><\/a>.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Both offered a deeply strategic and hands-on perspective, grounded in decades of direct experience with <strong>large-scale nuclear projects<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">???? <strong>Watch Carlos Alejandre\u2019s keynote<\/strong>:<br><a href=\"https:\/\/www.youtube.com\/watch?v=xlx4B8urwBE&amp;list=PLc4Hn5L33E75v6udmLSwSenbdRDGIIWLm&amp;index=21\">https:\/\/www.youtube.com\/watch?v=xlx4B8urwBE&amp;list=PLc4Hn5L33E75v6udmLSwSenbdRDGIIWLm&amp;index=21<\/a><br><em>Carlos Alejandre: &#8220;Public-Private Collaboration in Fusion&#8221; #FusionForward<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">???? <strong>Watch Mar\u00eda Teresa Dom\u00ednguez\u2019s keynote<\/strong>:<br><a href=\"https:\/\/www.youtube.com\/watch?v=CTZFDGUF2G4&amp;list=PLc4Hn5L33E75v6udmLSwSenbdRDGIIWLm&amp;index=30\">https:\/\/www.youtube.com\/watch?v=CTZFDGUF2G4&amp;list=PLc4Hn5L33E75v6udmLSwSenbdRDGIIWLm&amp;index=30<\/a><br><em>Maria Teresa Dom\u00ednguez: &#8220;Public-Private Collaboration in Fusion&#8221; #FusionForward<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Lessons from the Past: How Spain Built Its Own Fusion Model<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Carlos Alejandre<\/strong> offered a compelling look back at a lesser-known chapter in Spain\u2019s scientific history: how, in the 1980s, the country developed a <strong>pioneering public-private collaboration model<\/strong> in fusion. Rather than simply contributing to international programs by sending scientists abroad, <a href=\"https:\/\/www.ciemat.es\/en\"><strong>CIEMAT<\/strong><\/a> -then known as the <strong>Junta de Energ\u00eda Nuclear- <\/strong>chose a bolder path: to build a <strong>domestic experimental infrastructure &#8211;<\/strong>the <a href=\"https:\/\/www.fusion.ciemat.es\/home\/tj-ii-2\"><em>stellarator <\/em>TJ-II<\/a>, a magnetic plasma confinement device.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This decision wasn\u2019t easy. It meant going against prevailing political directives and taking on the challenge of constructing a highly complex technology from scratch. But it turned out to be a <strong>winning bet<\/strong>. More than <strong>60% of the stellarator\u2019s components were manufactured by Spanish companies &#8211;<\/strong>many of which had no prior experience in the nuclear sector.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">How was this possible? Alejandre put it simply:<br><em>\u201cOur engineers worked side by side with the companies. We didn\u2019t outsource -we co-created knowledge.\u201d<\/em><br>The result was twofold: the project was successfully completed, and the participating companies <strong>gained capabilities<\/strong> that later enabled them to <strong>export technologies to institutions like <\/strong><a href=\"https:\/\/home.cern\"><strong>CERN<\/strong><\/a><strong> and the <\/strong><a href=\"https:\/\/www.ipp.mpg.de\/en\"><strong>Max Planck Institute for Plasma Physics (IPP)<\/strong><\/a><strong>.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The Time for Investors Is Now<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">From a business perspective, <strong>Mar\u00eda Teresa Dom\u00ednguez<\/strong> delivered a clear message: the <strong>fusion timeline demands decisions today<\/strong>. If Europe\u2019s fusion ecosystem wants to see reactors connected to the grid within the next decade, <strong>massive investments must start now<\/strong>.<br><em>\u201cIn nuclear energy, the time from project decision to operational launch can exceed 20 years. You can\u2019t wait for everything to be mature before acting,\u201d<\/em> she emphasized.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Empresarios Agrupados<\/strong> has participated in over 210 energy projects across multiple technologies -conventional, renewable, and nuclear- and has been involved in fusion initiatives like <strong>ITER<\/strong> since the early 2000s. That track record gives her confidence:<br><em>\u201cFusion is not a leap into the void. Many technologies are mature. What we need is to integrate them with systems thinking.\u201d<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The Ingredients of Effective Collaboration<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Both <strong>Carlos Alejandre<\/strong> and <strong>Mar\u00eda Teresa Dom\u00ednguez<\/strong> agreed: successful public-private partnerships don\u2019t happen by chance -they are built around five key elements:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>1. A shared vision from the start<\/strong><br>Projects must be born with a clear, common objective. It\u2019s not just about public funding and private execution. A joint vision from the design phase is needed, integrating the interests, capabilities, and limitations of all parties.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>2. Deep industry involvement<\/strong><br>Companies must go beyond being suppliers -they need to be co-developers. In the case of Spain\u2019s stellarator, CIEMAT engaged industry from the very first stages, enabling real capability transfer.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>3. Adapted financing structures<\/strong><br>One of the key enablers of Spain\u2019s 1980s success was <strong>phase-based co-financing schemes<\/strong>, which allowed risk to be assumed progressively. Reintroducing such mechanisms -perhaps through new EU funds for strategic technologies-could be essential.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>4. Technical talent with an industrial mindset<\/strong><br>Alejandre emphasized that the engineers trained by CIEMAT were system thinkers, not just lab specialists. This culture needs to be reinforced through universities and research centers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>5. Institutional trust and continuity<\/strong><br>Partnerships require stable regulatory frameworks, well-coordinated agencies, and industrial policies that don\u2019t shift with each political cycle. The EU, Alejandre noted, can play a key role as a <strong>guarantor of long-term vision and scale<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>From Technological Integration to Regional Integration<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Dom\u00ednguez added a vital dimension: <strong>fusion integration must also be territorial<\/strong>.<br>To fully harness the industrial potential of this technology, Europe must think in terms of <strong>regional ecosystems<\/strong>.<br><em>\u201cBuilding a fusion plant involves much more than plasma physics,\u201d<\/em> she noted. <em>\u201cYou need to consider water, land, grid access, waste\u2026 The entire value chain is activated from day one. It\u2019s a unique opportunity to create tech hubs across Europe.\u201d<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Europe Has the Structure -Now It Must Close the Gaps<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Both experts agreed: <strong>Europe has what it takes to lead in fusion &#8211;<\/strong>talent, institutions, scientific infrastructure, and industrial capacity. But several bottlenecks still threaten progress:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A <strong>lack of clear regulation<\/strong> for fusion reactors, which are currently assessed under frameworks designed for fission.<\/li>\n\n\n\n<li><strong>Industrial consortia remain fragmented<\/strong>, often struggling to scale beyond pilot projects.<\/li>\n\n\n\n<li><strong>Private investment is still limited<\/strong>, though <a href=\"https:\/\/taikonauten.com\/en\/insights\/technological-spillover-effects\"><em>spillover technologies<\/em><\/a> could be a key entry point for capital.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Conclusion: Building Trust -Not Just Reactors<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Fusion energy is <strong>closer than ever<\/strong> to becoming a reality. But the challenge is no longer just scientific -it is <strong>organizational, industrial, and political<\/strong>.<br>What the experiences shared by Alejandre and Dom\u00ednguez make clear is this: <strong>we don\u2019t need to wait for fusion to work to start creating value &#8211;<\/strong>that value can be generated now, <strong>if the right collaboration mechanisms are activated<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As Alejandre summed up:<br><em>\u201cIf we can get industry to see that this isn\u2019t science fiction, but a real business opportunity, then the future of fusion will also be the future of Europe.\u201d<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This article is part of the ongoing analysis by the <strong>Fundaci\u00f3n Innovaci\u00f3n Bankinter<\/strong>. The full report, <em>\u201c<\/em><a href=\"https:\/\/www.fundacionbankinter.org\/en\/ftf-informes\/fusion-forward\/#report-section-00\"><em>Fusion Energy: A Revolution in Progress<\/em><\/a><em>,\u201d<\/em> brings together insights from more than <strong>20 international experts<\/strong> and identifies the <strong>five critical levers<\/strong> to scale fusion as a <strong>climate, economic, and technological driver<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Download it <\/strong><a href=\"https:\/\/www.fundacionbankinter.org\/wp-content\/uploads\/2025\/10\/FTF-Report-Fusion-Energy-1.pdf\"><strong>here<\/strong><\/a><strong> <\/strong>to explore how we can start building <strong>tomorrow\u2019s energy system today<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">And if you want to keep following this transformation, don\u2019t miss the next articles in the <strong>Fusion Forward<\/strong> series &#8211; where we continue to bring the <strong>future of energy closer to society<\/strong>, with <strong>rigor, foresight, and purpose<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What does fusion energy need to become an industrial reality? Carlos Alejandre and Mar\u00eda Teresa Dom\u00ednguez analyse how public-private collaboration models can scale the sector and generate value in Europe long before they reach the network<\/p>\n","protected":false},"featured_media":29381,"template":"","meta":{"_acf_changed":false,"_oaas_summary":"Fusion energy is at a pivotal moment, shifting focus from purely scientific achievements like ignition and plasma confinement to building a scalable, sustainable industrial infrastructure. This transformation relies heavily on public-private partnerships as foundational structures for moving fusion from laboratories to markets. At the Future Trends Forum event \u201cFusion Energy: A Revolution in Motion,\u201d experts Carlos Alejandre and Mar\u00eda Teresa Dom\u00ednguez shared insights from their extensive experience in large-scale nuclear projects, emphasizing the necessity of collaboration, investment, and strategic integration.\n\nAlejandre highlighted Spain\u2019s pioneering 1980s fusion model, where public institutions and industry co-created knowledge by jointly developing the stellarator TJ-II. This approach not only advanced fusion technology but also empowered Spanish companies to compete internationally. Dom\u00ednguez stressed the urgency for investors to act now, given the long timelines of nuclear projects, and advocated for integrating mature technologies with systems thinking. Both experts identified five keys to successful partnerships: a shared vision, deep industry involvement, adaptive financing, technically skilled personnel with an industrial mindset, and institutional trust with regulatory stability. They also underscored the importance of regional integration, viewing fusion plants as catalysts for European tech hubs. While Europe possesses the talent and infrastructure to lead in fusion, addressing regulatory gaps, industry fragmentation, and limited private investment is critical. Ultimately, building trust and collaborative frameworks today will unlock fusion\u2019s potential as a transformative energy and economic driver.","_oaas_audio_url":"https:\/\/www.fundacionbankinter.org\/wp-content\/uploads\/2025\/12\/summary-26911-1765378258.mp3"},"categories":[204],"class_list":["post-26911","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","category-science-and-technology"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Fusion and industry: keys to a public-private collaboration that accelerates the energy future - Fundaci\u00f3n Innovaci\u00f3n Bankinter<\/title>\n<meta name=\"description\" content=\"What does fusion energy need to become an industrial reality? 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