| Sign in | NE Careers | RSS Feeds | Partners | Contact Us | About NE |
|
Cost over-runs hit the EU nuclear fusion project
Cost over-runs may double the cost of a world project to build a new kind of nuclear reactor that leaves behind practically no nuclear waste, according to the deputy chief scientist on September 15. The 5.5-billion- Euro ITER project, run by the European Union, the United States, Russia, China, Japan, India and South Korea, is building a fusion reactor to generate electricity in Cadarache in southern France. The final cost will exceed the budget by at least 10 percent and perhaps 100 percent, Deutsche Presse-Agentur (dpa) quoted Norbert Holtkamp, deputy director of the project, told a conference in Rostock, Germany. He told the fusion technology conference that reasons for the over-run included the higher costs of raw materials and energy as well as sophisticated new technologies that scientists want to include. Octavi Quintana-Trias, an official from the European Commission, said the EUwould pay 50 percent of the cost of ITER, which would demonstrate that a fusion nuclear reactor was feasible. In fusion reactors, atoms in a very hot gas fuse together, releasing energy. The heat from stars such as the sun is created in this type of nuclear reaction. RWE inks MoU for exploration in Azerbaijan Beijing sees ESPO completed end-201 Elektrik Uretim, Korea Electric Power ink deal EU on target to meet 2020 renewable goals E.ON cautious about outlook after posting profit fall blog comments powered by Disqus |
Related Stories RWE inks MoU for exploration in Azerbaijan Beijing sees ESPO completed end-201 Elektrik Uretim, Korea Electric Power ink deal EU on target to meet 2020 renewable goals E.ON cautious about outlook after posting profit fall |
|
