Subscribe options

Select your newsletters:

Please enter your email address:

@

Your email address will only be used for the purpose of sending you the ITER Organization publication(s) that you have requested. ITER Organization will not transfer your email address or other personal data to any other party or use it for commercial purposes.

If you change your mind, you can easily unsubscribe by clicking the unsubscribe option at the bottom of an email you've received from ITER Organization.

For more information, see our Privacy policy.

News & Media

Latest ITER Newsline

  • Cryostat thermal shield | A "strong back" for a fragile component

    The lower cylinder thermal shield is a large silver-plated component, circular in shape and five metres tall, which fits inside the depression in the cryostat b [...]

    Read more

  • Diagnostic shielding | B4C ceramic bricks prove their worth

    A number of materials can effectively shield diagnostic equipment from the neutron flux coming from the plasma. To find the best one, the diagnostics team at IT [...]

    Read more

  • Image of the week | The cryostat top lid, batch after batch

    Batch after batch, the elements for the top lid of the ITER cryostat keep arriving from India. As of today, 7 out of the 12 required segments have been delivere [...]

    Read more

  • Cooling water system | The tanks within a tank

    Deep inside the bowels of the Tokamak Building, the entrance to one of most spectacular rooms of the whole installation resembles that of a broom cupboard. [...]

    Read more

  • ITER assembly | Last major assembly contract signed

    One year after finalizing two major machine assembly contracts, the ITER Organization has chosen the contractors who will carry out assembly and installation ac [...]

    Read more

Of Interest

See archived entries

Analyst/author Andy Lees to speak at ITER

''I realize that my [royalty] contribution [to ITER] will do little more than buy some refreshments,'' says Andy Lees, ''but hopefully it may help publicize just how important your work is to us all.'' (Click to view larger version...)
''I realize that my [royalty] contribution [to ITER] will do little more than buy some refreshments,'' says Andy Lees, ''but hopefully it may help publicize just how important your work is to us all.''
In what promises to be an informative and provocative event, analyst/author Andy Lees will be speaking at the ITER Organization on 22 March, as an invited lecturer for the Inside ITER seminar series.

Andy Lees is known to the ITER community as one of the contributors to The Gathering Storm, a collaborative editorial effort from top players in the financial industry worldwide who have a lot to say about the global "crunch" of the last years...and even more to say about avoiding the next one. Andy chose the ITER Organization as the recipient of his portion of royalties from the book's sale.

In his chapter entitled "In Search of Energy", Andy analyzes the importance of fossil fuels to the world economy, and predicts the economic and political consequences as these fuels become less efficient—and more costly—to produce. "Energy is becoming less efficient to extract and turn into useful work, which can only be offset with greater technology, greater capital and more resources. The cost of energy will rise relative to its value," he writes.

The efficiency of available resource extraction, according to Andy, is falling at such a rate that technology is failing to keep up. He estimates that energy return on invested energy (EROIE) has dropped from 40 to 20 in the last two decades, and will drop further to 5 in the next ten years. "This is a move of unimaginable consequences, completing changing the shape of the global economy," says Andy. "Unfortunately, without a new source of cheap, high density energy, we are in a serious mess."
Andy supports fusion as the solution. "Fusion is the obvious solution to the problem, and whilst it has been a long gestation period to get to where we are, it is the only option on the table. We should not be concerned about the cost of achieving fusion, but rather the cost of not achieving it."

The next Inside ITER seminar, "Global Exhaustion" by Andy Lees, is March 22, 14h00-15h00, Salle René Gravier.


return to the latest published articles