Fusion Power - Economics

Economics

While fusion power is still in early stages of development, substantial sums have been and continue to be invested in research. In the EU almost €10 billion was spent on fusion research up to the end of the 1990s, and the new ITER reactor alone is budgeted at €10 billion. It is estimated that up to the point of possible implementation of electricity generation by nuclear fusion, R&D will need further promotion totalling around €60-80 billion over a period of 50 years or so (of which €20-30 billion within the EU) based on a report from 2002. Nuclear fusion research receives €750 million (excluding ITER funding), compared with €810 million for all non-nuclear energy research combined, putting research into fusion power well ahead of that of any single rivaling technology.

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