EU states say no to more fusion money
Brussels (UPI) Jul 13, 2010 The European Union says no new funds will be provided for an over budget fusion reactor project, a decision that could threaten other research, observers say. Member states announced Monday funds to construct the Iter reactor in France would have to come from within existing budgets, including the EU research budget, the BBC reported. The EU's executive body, the European Commission, had asked member states to approve additional funds for the project to cover a $1.8 billion shortfall in building costs, a request rejected after months of negotiations, the BBC said. The Iter fusion reactor is a collaboration among the EU, the United States, Russia, Japan, China, India and South Korea, given the green light in 2006. The original plan was to build the experiment within 10 years for $6.4 billion but many now predict the total cost will amount to $20 billion. The total cost of construction for the EU, a major partner in the Iter project, is estimated at around $9 billion, the BBC said.
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Fusion reactor costs ballooning Brussels (UPI) May 24, 2010 An international scheme to build a nuclear fusion reactor in France has come under fire due to ballooning funding concerns. Overall costs for the International Thermonuclear Experimental Reactor have risen from an initial $6 billion estimate in 2006 to around $18 billion, German news magazine Der Spiegel reports. The research reactor is to be built by 2015 in Cadarache in southe ... read more |
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