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Home arrow News arrow Latest nuclear news arrow New Fusion reactor deal signed
New Fusion reactor deal signed | Print |  E-mail
New Fusion reactor deal signed
21-Nov-2006
 
The seven party agreement to build the International Thermonuclear Experimental Reactor (ITER) has been signed in Paris. The programme to build the International Thermonuclear Experimental Reactor at Cadarache in southern France aims to demonstrate prolonged fusion power production. The members of ITER: China, the European Union, India, Japan, the Republic of Korea, the Russian Federation and the US have agreed to establish the international organisation that will implement the ITER project, although each party must then ratify the agreement. The first meeting of the Interim ITER Council took place after the signing ceremony. The ITER Agency, headed by Kaname Ikeda of Japan, will undertake a design review that could increase the cost of the construction project, currently predicted to be €4.5 billion. The project has cross party backing in the UK as the Liberal Democrats, in addition to the Labour Government, have also backed ITER.
 
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