The Spherical Tokamak for Energy Production (STEP) programme is a world-leading fusion power plant programme that has embedded a cost conscience in its design from the early phases. This firmly addresses the attitude of cost complacency of which many major infrastructure projects have historically been accused. While detailed an…
Being a novel technology, estimating costs for fusion power plants comes with large uncertainties. Cost uncertainties in prototypes arise from various sources and reduce with programme maturity (including the selection of a site), technical and design maturity, maturity of the commercial strategy (e.g., make vs. buy decisions, partnering decisions)…