The most common and most likely answer to this crossword clue is the 12 letter word PYROTECHNICS
I've seen this crossword clue in The Guardian
P
Y
R
O
T
E
C
H
N
I
C
S
Buddy explains!

The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does PYROTECHNICS mean?
PYROTECHNICS noun- The art and technology of fireworks and related military applications.
- A display of fireworks.
- An impressive display.