The European Council has agreed Eur5.61 billion ($6.80 billion) of new funding for the International Thermonuclear Experimental Reactor, or ITER, project for the seven years to 2027, it said Feb. 22. Receive daily email alerts, subscriber notes & personalize your experience. Register Now ITER is the biggest nuclear fusion project in the world, involving 35 nations seeking to build and operate the ITER Tokamak machine, currently in construction in Cadarache, southern France. “According to [European] Commission estimates, the important achievement of the first plasma will probably take place in December 2025, with the full operation estimated in 2035,” the Council said. Fusion energy as a viable commercial energy source is not expected to produce electricity before 2050, it said. The ITER agreement was signed in November 2006 […]