This publication reports on the outcome of a technical meeting on high burnup fuel experience and economics, held in Buenos Aires, Argentina in 2013. The purpose of the meeting was to revisit and update the current operational experience and economic conditions associated with high burnup fuel. International experts with significant experience in experimental programmes on high burnup fuel discussed and evaluated physical limitations at pellet, cladding and structural component levels, with a wide focus including fabrication, core behaviour, transport and intermediate storage for most types of commercial nuclear power plants.