It has been billed as the solution to tomorrow's energy crunch, but ITER, a massive fusion experiment by seven international partners, is under serious threat from a present-day problem: the financial crisis. Full Story »
Posted by Jon Mitchell - via Jason Samfield (f)
This story does a good job of showing the problems of this one project and further exemplifies the problem of large capital energy projects. They are often imperiled by economic down turns. This is where more granular solutions like solar and wind seem to do better. However we need to find the giant baseload power somewhere, and it seems to me that economic downturns are THE best time to do it as your construction costs can go down.
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