Asset Details
Do you wish to reserve the book?
Potential Early Markets for Fusion Energy
Hey, we have placed the reservation for you!
By the way, why not check out events that you can attend while you pick your title.
Oops! Something went wrong.
Looks like we were not able to place the reservation. Kindly try again later.
Are you sure you want to remove the book from the shelf?
Potential Early Markets for Fusion Energy
Do you wish to request the book?
Potential Early Markets for Fusion Energy
Please be aware that the book you have requested cannot be checked out. If you would like to checkout this book, you can reserve another copy
We have requested the book for you!
Your request is successful and it will be processed during the Library working hours. Please check the status of your request in My Requests.
Oops! Something went wrong.
Looks like we were not able to place your request. Kindly try again later.
Paper
Potential Early Markets for Fusion Energy
2021
Overview
We identify potential early markets for fusion energy and their projected cost targets, based on analysis and synthesis of many relevant, recent studies and reports. Because private fusion companies aspire to start commercial deployment before 2040, we examine cost requirements for fusion-generated electricity, process heat, and hydrogen production based on today's market prices but with various adjustments relating to possible scenarios in 2035, such as \"business-as-usual,\" high renewables penetration, and carbon pricing up to 100 \\ $/tCO\\(_2\\). Key findings are that fusion developers should consider focusing initially on high-priced global electricity markets and including integrated thermal storage in order to maximize revenue and compete in markets with high renewables penetration. Process heat and hydrogen production will be tough early markets for fusion, but may open up to fusion as markets evolve and if fusion's levelized cost of electricity falls below 50 \\$ /MWh\\(_e\\). Finally, we discuss potential ways for a fusion plant to increase revenue via cogeneration (e.g., desalination, direct air capture, or district heating) and to lower capital costs (e.g., by minimizing construction times and interest or by retrofitting coal plants).
Publisher
Cornell University Library, arXiv.org
Subject
