ITER & Fusion Research - ITER status and possible way forward
The European Commission has adopted a Communication to the European Parliament and the Council which concludes that in view of substantial overall cost increases for International Thermonuclear Experimental Reactor (ITER), which have more than doubled the costs for Europe (to around €7.2 billion instead of an initial expected €2.7 billion), a sustainable financial framework should be established. Member States should provide a clear financial commitment throughout the life of the project and a mechanism for dealing with any further overruns should be agreed, subject to an overall cap. In particular, a total of around €1.4 billion is needed to meet the estimated cost increases in the EURATOM Community contribution to ITER in 2012 and 2013. This funding should be found either by raising the ceiling in the EU budget or through additional finance directly from the Member States.
The link address is: http://ec.europa.eu/research/energy/euratom/pdf/iter_communication_may_2010_en.pdf