The main conclusion of the ESECOM study is that commercial fusion power plants have the potential to be economically competitive with present and future alternatives, while at the same time promising significant environmental and safety advantages, if designed properly. Furthermore, a range of fusion reactor approaches was identified which appears to meet these economic, safety and environmental goals. Economic competitiveness is not automatic, but depends on achieving enhanced plasma and engineering performance, such as high beta with low transport losses, efficient current drive and improved high-field coils. The main design characteristics leading to lower cost of electricity are a high degree of safety assurance, compactness, improved coils, and advanced energy conversion coupled with the use of advanced fuels.