Stochastic analysis finds projected fusion energy costs may be overly optimistic
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[Submitted on 25 Jun 2026]
Summary
This study conducts a stochastic analysis of projected future costs for nuclear fusion power plants across three technology lines: magnetic confinement (MCF), inertial confinement (ICF), and magneto-inertial confinement (MIF) fusion. For mature technologies, mean levelized cost of electricity (LCOE) is estimated at 114.6, 110.3, and 143.9 USD per MWh respectively, implying learning rates above 30%. The authors find these projections optimistic compared to other literature or comparable technologies like fission, and urge policymakers to exercise caution when fusion developers cite potential economic competitiveness.
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Key quotes
· 4 pulledWe find that these projected values are rather optimistic when compared to other literature or comparable technologies like fission.
We therefore urge policymakers to caution when potential fusion developers refer to the potential economic competitiveness of fusion power plants.
For mature technologies, mean LCOE are determined at 114.6, 110.3, and 143.9 USD per MWh for MCF, ICF, and MIF devices, respectively.
This implies learning rates of more than 30%.
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