ITER

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Oettinger calls for ministerial meeting on ITER

Monday, February 25, 2013

While MEPs continued their debate on the European Commission’s proposal to grant a specific budget under the multiannual financial framework to the ITER nuclear fusion research and engineering project, Energy Commissioner Günther Oettinger announced to the member states’ research ministers, meeting in Brussels on 18 February, that he would organise a ministerial meeting of the ITER Council in Cadarache, France, in September this year.

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EU to raise nuclear research spending

Thursday, November 1, 2012

Average annual funding for nuclear research is expected to grow almost 15% under the European Union's (EU's) planned Horizon 2020 program. Fusion programs account for nine-tenths of the budget.

Horizon 2020 is the financial instrument implementing the Innovation Union, a Europe 2020 initiative aimed at securing Europe's global competitiveness. Running from 2014 to 2020 with an €80 billion ($104 billion) budget, the EU's new program for research and innovation is part of the drive to create new growth and jobs in Europe.

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MEPs vote to cut 2011 spending on ITER nuclear fusion project

Wednesday, October 6, 2010

Members of the European Parliament's budget committee on Monday night voted to cut planned funding for the ITER experimental nuclear fusion project in 2011, the Green group in the European Parliament said Tuesday. The budget committee adopted an amendment to cut the ITER budget by Eur 57 million to Eur304.76 million ($419.77 million) in 2011 in a revision to the EU's research budget.

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EU diverts cash for nuclear fusion demo project

Thursday, July 22, 2010

BRUSSELS, July 20 (Reuters) - Cash-strapped European Union governments will not have to provide fresh money in order to fill a 1.4 billion euro ($1.81 billion) funding gap in a project to commercialise nuclear fusion -- the process that powers the sun.

Increased complexity and rising construction costs have seen the price tag for the International Thermonuclear Experimental Reactor (ITER) project rise to 16 billion euros ($20.76 billion), while the EU's share has more than doubled.

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£1bn funding shortfall jeopardises hopes of producing cheap, non-polluting power

Monday, June 7, 2010

A £15bn international bid to harness the fusion process that powers the Sun is facing a major funding crisis. Scientists have revealed that the cost of the International Thermonuclear Experiment Reactor (Iter) has trebled from its original £5bn price tag in the past three years. At the same time, financial crises have beset all the nations involved in the project.

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Interest in reactor cools as construction costs soar

Thursday, February 4, 2010

Member states want a change in timetable but other investors oppose any delay to project.

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