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Latest News
Proving DRACO will deliver
The United States is now closer than it has been in over five decades to launching the first nuclear thermal rocket into space, thanks to DRACO—the Demonstration Rocket for Agile Cislunar Orbit.
Jerry G. Delene
Fusion Science and Technology | Volume 26 | Number 3 | November 1994 | Pages 1105-1110
Fusion Power Reactor, Economic, and Alternate Concept | Proceedings of the Eleventh Topical Meeting on the Technology of Fusion Energy New Orleans, Louisiana June 19-23, 1994 | doi.org/10.13182/FST94-A40301
Articles are hosted by Taylor and Francis Online.
In order for fusion energy to be a viable option for electric power generation, it must either directly compete with future alternatives or serve as a reasonable backup if the alternatives become unacceptable. This paper discusses projected costs for the most likely competitors with fusion power for base-load electric capacity and what these costs imply for fusion economics. The competitors examined include advanced nuclear fission and advanced fossil-fired plants. The projected costs and their basis are discussed. The estimates for these technologies are compared with cost estimates for magnetic and inertial confinement fusion plants. The conclusion of the analysis is that fusion faces formidable economic competition. Although the cost level for fusion appears greater than that for fission or fossil, the costs are not so high as to preclude fusion's potential competitiveness.