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  • A world in itself

    From a height of some 50 metres, you have the entire ITER worksite at your feet. The long rectangle of the Diagnostics Building stands out in the centre, with [...]

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  • US completes toroidal field deliveries for ITER

    The US Domestic Agency achieved a major milestone in February by completing the delivery of all US-supplied toroidal field conductor to the European toroidal fi [...]

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  • Thin diagnostic coils to be fitted into giant magnets

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  • Addressing the challenge of plasma disruptions

    Plasma disruptions are fast events in tokamak plasmas that lead to the complete loss of the thermal and magnetic energy stored in the plasma. The plasma control [...]

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  • Blending (almost) seamlessly into the landscape

    Located in the foothills of the French Pre-Alps, the ITER installation blends almost seamlessly into the landscape. The architects' choice ofmirror-like steel c [...]

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Of Interest

See archived articles

Analyst/author Andy Lees to speak at ITER

-Krista Dulon

''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.


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