Post by Fluor Corporation

Fluor recently hosted the second edition of Energise the Future at our office in Amsterdam, the Netherlands. The event brought together more than 120 participants, including energy companies, policymakers, experts, and technology innovators, to advance sustainability and climate goals through meaningful dialogue and partnership. Fact: only about 10% of energy transition projects achieve a positive FID, indicating challenges in structuring, financing, and de-risking, not ambition. Fundamentally new approaches are needed for better outcomes. Energise the Future featured keynote addresses, expert-led sessions, and a dynamic panel discussion on how key enablers can unlock FID and drive investment in Europe and the UK, with energy security and self-reliance highlighted as major influences on policy and investment priorities. Insights from ongoing capital projects and successful FOAK case studies that reached commercial operation provided valuable lessons – rather than working alone, companies showed innovative strategies through early collaboration among developers, policymakers, financiers, technology providers, and EPC partners to solve the FID puzzle together. This collaborative approach was a defining theme. “The event reinforced that when policy, technology, market signals, and project delivery certainty are aligned and anchored in disciplined risk allocation, capital follows. A shared understanding of what it takes to reach FID and reliably execute is what ultimately brings projects to life and energizes the future," said Fluor's Alejandro Escalona, SVP and Group Lead, Business Development & Strategy, Energy Solutions. A highlight was the announcement of the CCU and SAF Pitch Competition winner. The competition brought together venture capitalists, corporate investors, and ecosystem partners to spotlight some of the region’s most promising technologies, with a focus on helping companies overcome their biggest challenge to reaching FID. Five finalists were selected – Dioxycle, Fairbrics, OXCCU TECH LTD, TNO, and YAMA – each advancing innovation in carbon-to-value and sustainable fuels. “Implementing new technologies is hard work, but their long-term impacts can fundamentally change the world," said Fluor's Curt Graham, SVP, Office of Technology. Fluor's FEL‑Ω℠ models early CapEx, enabling technology developers to identify key cost drivers and optimize commercial-scale projects from the pilot stage. This approach brings transparency and credibility to stakeholders, highlights optimization opportunities, reduces long-term CapEx, and improves project success. Congratulations to the winning company, Dioxycle, which will receive an in-kind FEL-Ω executed by Fluor. It was an inspiring day of insight, innovation, and partnership as we together shape the future of energy. Thank you to all participants for making Energise the Future 2026 a success. #BuildingABetterWorld #EnergyTransition #FID #FluorBusinessIncubation #FELOmega