AbstractThe Advanced Power Extraction (APEX) study is aimed at exploring innovative concepts for fusion power technology (FPT) that can tremendously enhance the potential of fusion as an attractive and competitive energy source. Specifically, the study is exploring new and ‘revolutionary’ concepts that can provide the capability to efficiently extract heat from systems with high neutron and surface heat loads while satisfying all the FPT functional requirements and maximizing reliability, maintainability, safety, and environmental attractiveness. The primary criteria for measuring performance of the new concepts are: (1) high power density capability with a peak neutron wall load (NWL) of ∼10 MW m−2 and surface heat flux of ∼2 MW m−2; (2) high power conversion efficiency, ∼40% net; and (3) clear potential to achieve high availability; specifically low failure rate, large design margin, and short downtime for maintenance. A requirement that MTBF>43 MTTR was derived as a necessary condition to achieve the required first wall/blanket availability, where MTBF is the mean time between failures and MTTR is the mean time to recover. Highlights of innovative and promising new concepts that may satisfy these criteria are provided.