ITERITER (initially the International Thermonuclear Experimental Reactor, iter meaning "the way" or "the path" in Latin) is an international nuclear fusion research and engineering megaproject aimed at creating energy through a fusion process similar to that of the Sun. Upon completion of construction of the main reactor and first plasma, planned for late 2025, it will be the world's largest magnetic confinement plasma physics experiment and the largest experimental tokamak nuclear fusion reactor.
TokamakA tokamak (ˈtoʊkəmæk; токамáк) is a device which uses a powerful magnetic field to confine plasma in the shape of a torus. The tokamak is one of several types of magnetic confinement devices being developed to produce controlled thermonuclear fusion power. , it was the leading candidate for a practical fusion reactor. Tokamaks were initially conceptualized in the 1950s by Soviet physicists Igor Tamm and Andrei Sakharov, inspired by a letter by Oleg Lavrentiev. The first working tokamak was attributed to the work of Natan Yavlinsky on the T-1 in 1958.
Joint European TorusThe Joint European Torus, or JET, is an operational magnetically confined plasma physics experiment, located at Culham Centre for Fusion Energy in Oxfordshire, UK. Based on a tokamak design, the fusion research facility is a joint European project with a main purpose of opening the way to future nuclear fusion grid energy. At the time of its design JET was larger than any comparable machine. JET was built with the hope of reaching scientific breakeven where the fusion energy gain factor Q =1.0.
Risk managementRisk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities.
Financial risk managementFinancial risk management is the practice of protecting economic value in a firm by managing exposure to financial risk - principally operational risk, credit risk and market risk, with more specific variants as listed aside. As for risk management more generally, financial risk management requires identifying the sources of risk, measuring these, and crafting plans to address them. See for an overview. Financial risk management as a "science" can be said to have been born with modern portfolio theory, particularly as initiated by Professor Harry Markowitz in 1952 with his article, "Portfolio Selection"; see .
Plasma stabilityThe stability of a plasma is an important consideration in the study of plasma physics. When a system containing a plasma is at equilibrium, it is possible for certain parts of the plasma to be disturbed by small perturbative forces acting on it. The stability of the system determines if the perturbations will grow, oscillate, or be damped out. In many cases, a plasma can be treated as a fluid and its stability analyzed with magnetohydrodynamics (MHD).
Burning plasmaIn plasma physics, a burning plasma is one in which most of the heating comes from fusion reactions involving thermal plasma ions. The Sun and similar stars are a burning plasma, and in 2020 the National Ignition Facility achieved burning plasma. A closely related concept is that of an ignited plasma, in which all of the heating comes from fusion reactions. Sun In the Sun and other similar stars, those fusion reactions involve hydrogen ions.
Operational risk managementOperational risk management (ORM) is defined as a continual recurring process that includes risk assessment, risk decision making, and the implementation of risk controls, resulting in the acceptance, mitigation, or avoidance of risk. ORM is the oversight of operational risk, including the risk of loss resulting from inadequate or failed internal processes and systems; human factors; or external events. Unlike other type of risks (market risk, credit risk, etc.) operational risk had rarely been considered strategically significant by senior management.
Electrothermal instabilityNOTOC The electrothermal instability (also known as ionization instability, non-equilibrium instability or Velikhov instability in the literature) is a magnetohydrodynamic (MHD) instability appearing in magnetized non-thermal plasmas used in MHD converters. It was first theoretically discovered in 1962 and experimentally measured into a MHD generator in 1963 by Evgeny Velikhov. "This paper shows that it is possible to assert sufficiently specifically that the ionization instability is the number one problem for the utilization of a plasma with hot electrons.
MagnetohydrodynamicsMagnetohydrodynamics (MHD; also called magneto-fluid dynamics or hydromagnetics) is a model of electrically conducting fluids that treats all interpenetrating particle species together as a single continuous medium. It is primarily concerned with the low-frequency, large-scale, magnetic behavior in plasmas and liquid metals and has applications in numerous fields including geophysics, astrophysics, and engineering. The word magnetohydrodynamics is derived from magneto- meaning magnetic field, hydro- meaning water, and dynamics meaning movement.
Interchange instabilityThe interchange instability, also known as the Kruskal–Schwarzchild instability or flute instability, is a type of plasma instability seen in magnetic fusion energy that is driven by the gradients in the magnetic pressure in areas where the confining magnetic field is curved. The name of the instability refers to the action of the plasma changing position with the magnetic field lines (i.e. an interchange of the lines of force in space) without significant disturbance to the geometry of the external field.
Magnetohydrodynamic generatorA magnetohydrodynamic generator (MHD generator) is a magnetohydrodynamic converter that transforms thermal energy and kinetic energy directly into electricity. An MHD generator, like a conventional generator, relies on moving a conductor through a magnetic field to generate electric current. The MHD generator uses hot conductive ionized gas (a plasma) as the moving conductor. The mechanical dynamo, in contrast, uses the motion of mechanical devices to accomplish this.
RiskIn simple terms, risk is the possibility of something bad happening. Risk involves uncertainty about the effects/implications of an activity with respect to something that humans value (such as health, well-being, wealth, property or the environment), often focusing on negative, undesirable consequences. Many different definitions have been proposed. The international standard definition of risk for common understanding in different applications is "effect of uncertainty on objectives".
Security managementSecurity management is the identification of an organization's assets (including people, buildings, machines, systems and information assets), followed by the development, documentation, and implementation of policies and procedures for protecting assets. An organization uses such security management procedures for information classification, threat assessment, risk assessment, and risk analysis to identify threats, categorize assets, and rate system vulnerabilities.
Magnetohydrodynamic driveA magnetohydrodynamic drive or MHD accelerator is a method for propelling vehicles using only electric and magnetic fields with no moving parts, accelerating an electrically conductive propellant (liquid or gas) with magnetohydrodynamics. The fluid is directed to the rear and as a reaction, the vehicle accelerates forward. Studies examining MHD in the field of marine propulsion began in the late 1950s. Few large-scale marine prototypes have been built, limited by the low electrical conductivity of seawater.
Pinch (plasma physics)A pinch (or: Bennett pinch (after Willard Harrison Bennett), electromagnetic pinch, magnetic pinch, pinch effect, or plasma pinch.) is the compression of an electrically conducting filament by magnetic forces, or a device that does such. The conductor is usually a plasma, but could also be a solid or liquid metal. Pinches were the first type of device used for experiments in controlled nuclear fusion power. Pinches occur naturally in electrical discharges such as lightning bolts, planetary auroras, current sheets, and solar flares.
Fusion powerFusion power is a proposed form of power generation that would generate electricity by using heat from nuclear fusion reactions. In a fusion process, two lighter atomic nuclei combine to form a heavier nucleus, while releasing energy. Devices designed to harness this energy are known as fusion reactors. Research into fusion reactors began in the 1940s, but as of 2023, no device has reached net power. Fusion processes require fuel and a confined environment with sufficient temperature, pressure, and confinement time to create a plasma in which fusion can occur.
Magnetic confinement fusionMagnetic confinement fusion is an approach to generate thermonuclear fusion power that uses magnetic fields to confine fusion fuel in the form of a plasma. Magnetic confinement is one of two major branches of fusion energy research, along with inertial confinement fusion. The magnetic approach began in the 1940s and absorbed the majority of subsequent development. Fusion reactions combine light atomic nuclei such as hydrogen to form heavier ones such as helium, producing energy.
Project risk managementWithin project management, risk management refers to activities for minimizing project risks, and thereby ensuring that a project is completed within time and budget, as well as fulfilling its goals. Risk management activities are applied to project management. Project risk is defined by the Project Management Institute (PMI) as, "an uncertain event or condition that, if it occurs, has a positive or negative effect on a project’s objectives.
Risk assessmentRisk assessment determines possible mishaps, their likelihood and consequences, and the tolerances for such events. The results of this process may be expressed in a quantitative or qualitative fashion. Risk assessment is an inherent part of a broader risk management strategy to help reduce any potential risk-related consequences. More precisely, risk assessment identifies and analyses potential (future) events that may negatively impact individuals, assets, and/or the environment (i.e. hazard analysis).
