Nuclear Fusion as an Energy Source?
by Kevin Martin 12/10/15
The Discovery
How is it Possible?
Safety Concerns
There are no thermonuclear plants to create this in, which is a good concern. However, the reasoning for it to be very safe is: it doesn't release radiation, its waste can be radioactive for 50-100 years, factory's would never melt down. The only downside is what people could create with these fusions, such as bombs.
Economic Impact
Energy Rates- 750 Million dollars have gone into the research for nuclear energy. With energy rates being able to create multiple plants and a definite bet that nuclear energy will begin to increase in use for electric products.
Conventional Energy Markets- Long-term, high-capital investment in markets driven by short-term prices will cause multiple issues in getting into markets and creating a reliable electrical system.
Future Prospects- Nuclear power is cost competitive with other forms of electricity generation. There is enough to create plants, but to create it as a main form of electricity is going to be expensive and difficult.