Abstract
Fusion research policy has recently come under scrutiny, prompted by rising research costs and increasing doubt about the value of such long-term work. This paper reviews the basic principles of fusion, the research and development still required, the costs of research to date, justifications for it, and future policy options; and examines in broad terms some of the ways in which fusion can be and has been evaluated. Throughout, the emphasis is on the need to compare fusion on equal terms with those technological options with which it may compete, and in the context of different energy futures.
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