$1T to move fusion forward just 5 years from eg 2040 to 2035 could alone have a huge ROI in terms of climate mitigation and decarbonization
$1T to move fusion forward just 5 years from eg 2040 to 2035 could alone have a huge ROI in terms of climate mitigation and decarbonization
Total US energy generation 2021: 4 trillion kwh
Average power generation: 457Gw
Cost of Topaz solar farm: $2.5bn Potential output: 550 Mw Cost per Mw $4.5m
Spend a trillion on similar capacity, you get 220Gw potential output.
But that's assuming you get 550Mw average. In fact, it produces about 1282Gwh output a year, so average is more like 145Mw.
So at a rough estimate, you need more like 10 trillion to meet US electricity demand. And that assumes you have unlimited battery storage for free.
And of course electricity is a small minority of total energy use.
Incidentally, I think it's amazing you get to about 10% of total electricity needs with only $1tr, i.e. around 4% of US national output.
https://en.wikipedia.org/wiki/Topaz_Solar_Farm https://www.eia.gov/energyexplained/electricity/electricity-...
```python trillion_dollars = 1e12
mw = 550
cost_farm = 2.5e9
cost_dollar_per_mw = cost_farm/mw
num_mw = trillion_dollars/cost_dollar_per_mw
num_gw = num_mw/1000
num_gw
kwh = 4e12
mw = kw/1000
gw = mw/1000
gw ```
That's quite high. Here in Germany they assume 530-800€ per kW_peak for a utility-scale ground-mounted system (2021) [0]. You can add additional CAPEX for inflation and expansion of the grid, but <$1500 per kW_peak (aka $1.5m per MW) should be quite possible. Especially if you include scaling effects.
If you add batteries for night-time balancing, LCOE roughly doubles for now.
Economically, no other energy source will beat non-winter day-time PV in the foreseeable future. Imo, as long as other plants are running during those times, investing in PV is a no-brainer.
[0] https://www.ise.fraunhofer.de/en/publications/studies/cost-o...
No amount of investment into solar power can make the sun magically shine 24 hours a day.
Solar + reverse hydropower, solar + synthetic fuel manufacture, solar + appropriate sized batteries, solar cranes-with-weights, etc.
Solar is so cheap that all those are plausible. Fusion is still far from ready.
Solar panels are cheap and the market appears to be fine with unreliable power[0] if it's cheap enough.
[0] Unreliable, but predictable that is. You can estimate with decent confidence what the weather will be like tomorrow and you can definitely tell what it's going to be a few hours from now, so energy auctions a day ahead are feasible.
HVDC lines help with this a lot. It has gotten to a point where there are serious plans to build a long, undersea HVDC line from the UK to Morocco which, get this, is poised to cost less than the equivalent(GWh delivered annually) Hinkley Point C nuclear power plant:
https://xlinks.co/morocco-uk-power-project/
That's how cheap the combination of solar and HVDC is.
We should be installing more solar & wind, but that alone is not a solution to our problems.
Further, it's possible that fusion plants might be prohibitively expensive to build and maintain, even if their fuel is cheap.
For example, nitrogen fixation for fertilizer currently uses natural gas almost entirely for the source of hydrogen. Vastly cheaper energy means it would make much more sense to switch this to electricity, https://www.frontiersin.org/articles/10.3389/fenrg.2021.5808....
But I agree with your sentiment, there are a lot of engineering details to consider before one can shout "free energy".
In fact carbon removal might be a great way to subsidize fusion at the outset so that it can be overprovisioned/have a guaranteed minimum price
Energy estimated is 1,200 kilowatt-hours per ton of CO2 removed.
Nuclear fission energy averages 0.4 cents/kWh. That's $480 in energy costs alone (ignoring profit margins for removal, etc).
Why would bleeding edge fusion that requires cutting edge lasers, magnets, and various other containment stuff have a cheaper energy generation cost? I could be wrong, but I don't think nuclear waste (which is the primary difference with fusion) is the primary cost contributor. So why would you want to invest in more expensive fusion to remove all this carbon instead of cheaper fission? Nuclear waste by the way isn't waste. It can be reused in breeder reactors and it's used a lot in medicine (I could be wrong but one of the reasons nuclear imaging has gotten more expensive is because radioactive materials are more difficult to obtain due to reduction in global fission energy).
After decades of R&D fusion should become significantly cheaper than fission per kWh if only due to having less of a regulatory burden and smoother permitting process.
It’s more expensive now, but in the long run it will be cheaper.
I suspect the regulatory environment is from regulatory capture by the fossil fuel industry. Otherwise why would Gen IV reactors, which can’t meltdown, be suffering many regulatory delays? What kind of nuclear proliferation concerns exist for reactors built and deployed within the US?
>Russia accounted for about 55% of Germany’s natural gas imports and 35% of Germany’s oil imports last year, causing Germany to resist a blanket European Union ban on Russian energy.
If every country could assure their energy independence, geopolitics would look very different. Yes, there are still many problems, like natural resources. But if you can assure all your residents can keep the lights on, their houses warm and the economy moving (EV's for transit, technology)... its very reassuring.
Also, there should hopefully be much less pomp and process around fusion compared to fission due to the safety/radiation profile being much safer.
What? Cost is THE problem with nuclear energy.
You must have some bizarre way of framing things to make today statement - you should at least tell us what that is since you must know that you are making a controversial claim.
We aren't "heating up the planet" .. we're "insulating the atmosphere".
Increased C02 (and the close following methane and water vapor increases) serve to trap more of the heat radiated outwards that would otherwise escape.
The vast bulk of that heat comes from the visible light of the sun which passes easily through the atmosphere coming in, gets converted to IR energy as it warms the earth and oceans, and then escapes outwards.
Our changes to the atmosphere have disturbed that balance.
Your comment has some small merit, but you would need to work through the heat output of human generated power and then compare that to the daily heat energy originally from the sun that radiates outward.
We are doing both. We are doing more insulating than heating, but we obviously generate more heat.
If so, how'd you do on the numbers?
Is it x10, x100, x1000, .. more?
This is after all the part that matters.
The original question is a good one. We will use more energy as it gets cheaper (see monster trucks, Las Vegas, Dubai). We should be thinking of what we will do with the waste heat when everyone has a fusion reactor.
To be clear I made a qualified assertion; the phrase "Relative scales of various factors matter here" does the work.
> Obviously we get more heat from the sun than we generate on our own.
Yes - but, again, How much more?
If it's barely twice as much (which seems unlikely) then heat from our activity is a major factor in all this.
If it's 100,000x times more then I stand firm, heat from our activity has effectively zero impact on the AGW issue (although other by-products from our daily routines are the crux of the problem).
If it's some other factor then what relative signifigance does our human heat generation have?
> I have no idea.
It's a shame you didn't grab an envelope and make use of the back, it's a classic Fermi problem [1] of the kind I and my class mates were posed in high school and the kind of thing many other HN commeters would delight in taking a run at.
If you're feeling game you might like to start with the daily heating of the earths surface from the sun, and then look at the petajoules of energy generated and consumed per day and take a stab at guesstimating the waste (unused, released into the lower earths surface layer) heat as a percentage (or google efficiencies, etc).
Have fun!
EDIT: from quick google query it looks like per day earth receives equivalent of yearly power consumption (not only electricity but also fuel). So we would need to x356 our energy consumption which is not that much unreasonable if you could have for example heated outdoor pool for free anywhere in the world.
nothing will stop climate change. The earth’s climate will continue to change regardless of any human interventions