{"id":{"repo_id":"mit","oai_identifier":"oai:dspace.mit.edu:1721.1/155465"},"canonical_url":"https://search.dev.ndltd.org/etd/mit/oai:dspace.mit.edu:1721.1/155465","repository":{"repo_id":"mit","name":"MIT","base_url":"https://dspace.mit.edu/oai/request"},"display":{"title":"Techno-Economic Analysis of Fusion Energy in the European Electricity Market","abstract":"This study explores the potential of fusion energy in the decarbonization of the European Union its electricity market. The study simulates various scenarios by employing the GenX least-cost optimization model, factoring in different investment costs and emission caps. The research addresses how fusion energy could influence total system costs, electricity prices, and competitiveness against other technologies. Results indicate that if introduced at low investment costs, fusion can transform the electricity system, acting as a baseload power source and altering investment dynamics. Conversely, in scenarios where fusion investment costs are higher, the results predict a diversified electricity mix dominated by renewables like wind and solar, complemented by gas with Carbon Capture and Storage (CCS) and battery storage to manage intermittency and maintain grid stability.","abstract_html":"This study explores the potential of fusion energy in the decarbonization of the European Union its electricity market. The study simulates various scenarios by employing the GenX least-cost optimization model, factoring in different investment costs and emission caps. The research addresses how fusion energy could influence total system costs, electricity prices, and competitiveness against other technologies. Results indicate that if introduced at low investment costs, fusion can transform the electricity system, acting as a baseload power source and altering investment dynamics. Conversely, in scenarios where fusion investment costs are higher, the results predict a diversified electricity mix dominated by renewables like wind and solar, complemented by gas with Carbon Capture and Storage (CCS) and battery storage to manage intermittency and maintain grid stability.","abstract_has_math":false,"creators":["Duitemeijer, Mart"],"institution":"Massachusetts Institute of Technology","degree_name":"Master","degree_level":null,"degree_discipline":null,"degree_department":"System Design and Management Program.","school":null,"contributors":[],"advisors":["Parsons, John","Schittekatte, Tim"],"committee_chairs":[],"committee_members":[],"year":2024,"date_issued":"2024-05","date_published":"2024-05","updated_at":"2026-07-22T22:20:54Z","subjects":[],"languages":[],"rights":["In Copyright - Educational Use Permitted","Copyright retained by author(s)"],"rights_urls":["https://rightsstatements.org/page/InC-EDU/1.0/"],"identifier_entries":[]},"links":{"outbound_url":"https://hdl.handle.net/1721.1/155465","outbound_label":"Handle","outbound_source":"dc:identifier.uri"},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:contributor.advisor","label":"Advisor","values":["Parsons, John","Schittekatte, Tim"]},{"key":"dc:contributor.department","label":"Department","values":["System Design and Management Program."]},{"key":"dc:creator","label":"Author","values":["Duitemeijer, Mart"]}]},{"id":"academic_context","label":"Academic Context","entries":[{"key":"dc:date.accessioned","label":"Dc Date Accessioned","values":["2024-07-08T18:53:11Z"]},{"key":"dc:date.available","label":"Dc Date Available","values":["2024-07-08T18:53:11Z"]},{"key":"dc:date.issued","label":"Date","values":["2024-05"]},{"key":"dc:publisher","label":"Institution","values":["Massachusetts Institute of Technology"]},{"key":"dc:type","label":"Dc Type","values":["Thesis"]},{"key":"thesis:degree_name","label":"Degree Name","values":["Master","Master of Science in Engineering and Management"]}]},{"id":"language_rights","label":"Language and Rights","entries":[{"key":"dc:rights","label":"Dc Rights","values":["In Copyright - Educational Use Permitted","Copyright retained by author(s)"]},{"key":"dc:rights.uri","label":"Rights URI","values":["https://rightsstatements.org/page/InC-EDU/1.0/"]}]},{"id":"identifiers","label":"Identifiers","entries":[{"key":"dc:identifier.uri","label":"Identifier URI","values":["https://hdl.handle.net/1721.1/155465"]}]},{"id":"additional","label":"Additional Metadata","entries":[{"key":"dc:description.abstract","label":"Abstract","values":["This study explores the potential of fusion energy in the decarbonization of the European Union its electricity market. The study simulates various scenarios by employing the GenX least-cost optimization model, factoring in different investment costs and emission caps. The research addresses how fusion energy could influence total system costs, electricity prices, and competitiveness against other technologies. Results indicate that if introduced at low investment costs, fusion can transform the electricity system, acting as a baseload power source and altering investment dynamics. Conversely, in scenarios where fusion investment costs are higher, the results predict a diversified electricity mix dominated by renewables like wind and solar, complemented by gas with Carbon Capture and Storage (CCS) and battery storage to manage intermittency and maintain grid stability."]},{"key":"dc:description.degree","label":"Dc Description Degree","values":["S.M."]},{"key":"dc:title","label":"Title","values":["Techno-Economic Analysis of Fusion Energy in the European Electricity Market"]}]}],"canonical_facts":{"dc:contributor.advisor":["Parsons, John","Schittekatte, Tim"],"dc:contributor.department":["System Design and Management Program."],"dc:creator":["Duitemeijer, Mart"],"dc:date.accessioned":["2024-07-08T18:53:11Z"],"dc:date.available":["2024-07-08T18:53:11Z"],"dc:date.issued":["2024-05"],"dc:description.abstract":["This study explores the potential of fusion energy in the decarbonization of the European Union its electricity market. The study simulates various scenarios by employing the GenX least-cost optimization model, factoring in different investment costs and emission caps. The research addresses how fusion energy could influence total system costs, electricity prices, and competitiveness against other technologies. Results indicate that if introduced at low investment costs, fusion can transform the electricity system, acting as a baseload power source and altering investment dynamics. Conversely, in scenarios where fusion investment costs are higher, the results predict a diversified electricity mix dominated by renewables like wind and solar, complemented by gas with Carbon Capture and Storage (CCS) and battery storage to manage intermittency and maintain grid stability."],"dc:description.degree":["S.M."],"dc:identifier.uri":["https://hdl.handle.net/1721.1/155465"],"dc:publisher":["Massachusetts Institute of Technology"],"dc:rights":["In Copyright - Educational Use Permitted","Copyright retained by author(s)"],"dc:rights.uri":["https://rightsstatements.org/page/InC-EDU/1.0/"],"dc:title":["Techno-Economic Analysis of Fusion Energy in the European Electricity Market"],"dc:type":["Thesis"],"thesis:degree_name":["Master","Master of Science in Engineering and Management"]},"updated_at":"2026-07-22T22:20:54Z"}