Archive

China To Contribute USD 1. 4 Billion To ITER

By David Dalton
8 January 2008

8 Jan (NucNet): China will contribute 1.4 billion US dollars (950 million euro) to the International Thermonuclear Experimental Reactor (ITER) fusion project based in Cadarache, southern France, the Chinese government has confirmed.

The Chinese contribution represents around 10 percent of the estimated cost of ITER, which is scheduled to go online in 2016.

ITER will be the world’s largest experimental facility to demonstrate the scientific and technical feasibility of fusion power. The construction costs have been estimated at five billion euro over 10 years.

Europe will contribute about half of the costs of construction, while the other six parties to the venture –China, Japan, South Korea, Russia, India and the US – will contribute equally to the rest.

>>Related reports in the NucNet database (available to subscribers)

Partners Launch ITER Project Organisation (News No. 253, 21 November 2006)

India Approves USD 620 Million ITER Contribution (News No. 161, 5 July 2007)

Pen Use this content