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ITER is supervised by a governing body known as the ITER Council that is composed of representatives of the seven signatories to the ITER Agreement. The ITER Council is responsible for the overall direction of the organization and decides such issues as the budget. [83] The ITER Council also appoints the director-general of the project.
The report revised their budget estimate to $2.25 billion, not including related R&D which pushed it to $3.3 billion total, and pushed back the completion date to 2006 with the first lines coming online in 2004. [91] [92] A follow-up report the next year pushed the budget to $4.2 billion, and the completion date to 2008.
The organisation is officially named European Joint Undertaking for ITER and the Development of Fusion Energy and was created under article 45 of the Treaty establishing the European Atomic Energy Community by the decision of the Council of the European Union on 27 March 2007 for a period of 35 years.
China is a member of the ITER consortium, and EAST is a testbed for ITER technologies. [2] EAST was designed to test: Superconducting Niobium-titanium poloidal field magnets, making it the first tokamak with superconducting toroidal and poloidal magnets; Non-inductive current drive; Pulses of up to 102 seconds with 0.5 MA plasma current
PPPL manages the U.S. ITER project activities together with Oak Ridge National Laboratory and Savannah River National Laboratory. The lab delivered 75% of components for the fusion energy experiment's electrical network in 2017 and has been leading the design and construction of six diagnostic tools for analyzing ITER plasmas.
[8] [9] However, the ITER experience suggests that development of a multi-billion US dollar tokamak-based technology innovation cycle able to develop fusion power stations that can compete with non-fusion energy technologies is likely to encounter the "valley of death" problem in venture capital, i.e., insufficient investment to go beyond ...
About a quarter of this budget is directed to support ITER. The size of the investments and time lines meant that fusion research was traditionally almost exclusively publicly funded. However, starting in the 2010s, the promise of commercializing a paradigm-changing low-carbon energy source began to attract a raft of companies and investors ...
The United States drops its own ITER-scale tokamak project, FIRE, recognising an inability to match EU progress. [37] 2005. In August, the first proton-boron fusion via inertial confinement is reported. [38] Following final negotiations between the EU and Japan, ITER chooses Cadarache over Rokkasho for the site of the reactor. In concession ...