Energy · 60 views
Will New Fusion Reactors Beat SMRs to Market?
Leonard S. Hyman is an economist and financial analyst specializing in the energy sector.
AI Summary
Wood Mackenzie has shifted its view on nuclear fusion, suggesting that commercial reactors could appear within five years, around 2031‑2032. This contrasts with earlier estimates that fusion would be at least fifteen years away. The report cites three private fusion firms that claim they will deliver a working, commercially viable prototype by that time. Their projected launch would coincide with the first generation of small modular reactors (SMRs), setting up a direct competition between the two technologies. The ITER project in France, by comparison, expects its reactor to be in service in the early 2040s.
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