Following the recommendation by a peer review committee, Alvaro Giménez, Director of Science and Robotic Exploration, decided that three candidate concepts submitted to its "M4" mission call will be studied further: the Atmospheric Remote-Sensing Infrared Exoplanet Large-survey (Ariel), the Turbulence Heating ObserveR (Thor) and the X-ray Imaging Polarimetry Explorer (Xipe).

"The selection of these three exciting mission concepts for study is an important step in the continuation of ESA's long-term presence in space," Giménez said, according to a press release. "The three proposals each offer the chance to tackle some of the major outstanding scientific questions about our place in the universe."

Ariel would analyze the atmospheres of around 500 planets orbiting close to nearby stars, to determine their chemical composition and physical conditions. The results would help scientists better understand planet formation, putting our own solar system in context.

Thor would address a fundamental problem in space plasma physics concerned with the heating of plasma and the subsequent dissipation of energy. Planned to orbit Earth, its studies would include the interaction of the solar wind with Earth's magnetic field. The investigation would shed light on the underlying physical mechanisms of plasma behavior under turbulent conditions, in order to understand a key interaction between planets and their host stars.

Xipe would study X-ray emissions from high-energy sources such as supernovas, galaxy jets, black holes and neutron stars, to discover more about the behavior of matter under extreme conditions. It would be the first observatory sensitive enough to make high-resolution measurements of the polarization of these sources, opening a new window into the high-energy universe.

After a study period aimed at making a detailed technical and scientific definition of the three concepts, one mission will be selected to fill the fourth medium-class (M4) opportunity in ESA's Cosmic Vision 2015-2025 Plan, for launch in 2025.

Solar Orbiter, Euclid, and PLATO have already been selected as medium-class missions and are scheduled for launch in 2018, 2020 and 2024 respectively.