The Cost of Superconducting Magnets as a Function of Stored Energy and Design Magnetic Induction Times the Field Volume

By various theorems one can relate the capital cost of superconducting magnets to the magnetic energy stored within that magnet. This is particularly true for magnet where the cost is dominated by the structure needed to carry the magnetic forces. One can also relate the cost of the magnet to the product of the magnetic induction and the field volume. The relationship used to estimate the cost the magnet is a function of the type of magnet it is. This paper updates the cost functions given in two papers that were published in the early 1990´s. The costs (escalated to 2007 dollars) of large numbers of LTS magnets are plotted against stored energy and magnetic field time field volume. Escalated costs for magnets built since the early 1990´s are added to the plots.