Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, October 13, 2020

Technology Could Be Most Cost-Effective Solution For Baseload Power, Says Paper :: The Independent Global Nuclear News Agency

Technology Could Be Most Cost-Effective Solution For Baseload Power, Says Paper :: The Independent Global Nuclear News Agency: Fusion energy could be the most cost-effective solution for clean baseload power, four times cheaper than conventional nuclear and complementing the need to continue rolling out renewable energy technologies as fast as possible to achieve a zero-carbon global energy system by 2050, a scientific paper says.



The peer-reviewed paper by Dr Nicholas Hawker, founder of UK-based First Light Fusion and published on Monday in Philosophical Transactions of the Royal Society, demonstrates that inertial confinement fusion could deliver a levelised cost of energy (LCOE) as low as $25/MWh when the technology has matured. This compares with approximately $100/MWh for conventional nuclear energy and up to $50/MWh for onshore wind.

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