dc.description.abstract | This thesis explores how innovations in fusion technology impact economic investments within the field of fusion power, using the ITER project as a central case study. Initial assumptions highlighted the environmental and social benefits of fusion energy and the rising global energy demand. As the research progressed, these assumptions proved complex to verify comprehensively within the available time and resources, necessitating adjustments in the research focus. The study relies primarily on secondary data sources, including official reports, scientific articles, and project documentation, to analyse the technological advancements and economic implications of fusion power.
The findings of this thesis indicate that technological innovations, such as tokamaks and tritium breeding systems, have significantly boosted investor confidence and attracted substantial financial commitments from an international consortium of stakeholders. These advancements showcase the potential of fusion energy, justifying the high initial costs with the promise of long-term, low operating costs and sustainable energy supply. The nature of ITER, involving significant contributions from multiple nations, has facilitated the sharing of financial risks and rewards, enhanced the projects credibility and accelerated the innovative and technological progress.
The reliance, however, is on a limited range of secondary sources, which often reiterate similar information, presents challenges in capturing the most recent developments and diverse perspectives. The static nature of documents and reports may not adequately reflect the evolving nature of the ITER project, potentially leading to an incomplete analysis. Despite these limitations, the research provides valuable insights into the interaction between technological innovation and economic investment in fusion power, underscoring the importance of continued international collaboration and investment in advancing fusion research. The findings suggest that while challenges remain, the overall impact of technological advancements on economic investments in fusion power is both significant and promising, leading the way for fusion energy as a contribution to global energy sustainability. | en_US |