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Meeting of the Four Societies: FUSION ENERGY - Fusion Energy: billions in private cash is flooding into fusion. Will it pay off?

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Executive Summary

This presentation explores the fundamentals, engineering challenges, and global landscape of nuclear fusion energy. It reviews magnetic confinement concepts including tokamaks and stellarators, progress and delays at ITER, recent private sector investments and startups, and the historical and current contributions of Australian and international research institutions to fusion science.
Analysis Confidence: High
ST_CODE: EB2026

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Page 1: Title Slide

Meeting of the Four Societies FUSION ENERGY Matthew Hole, Australian National University 6 pm Wednesday 18 February 2026 [Organizing societies: Royal Society of New South Wales, Engineers Australia, Australian Institute of Energy, Australian Nuclear Association]

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What is this document?
This presentation explores the fundamentals, engineering challenges, and global landscape of nuclear fusion energy. It reviews magnetic confinement concepts including tokamaks and stellarators, progress and delays at ITER, recent private sector investments and startups, and the historical and curren...