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article imageChina Invests $1.4 Billion on Nuclear Fusion

By Chris V. Thangham     Jan 9, 2008 in Environment
China has invested a big chunk of money for the joint International Thermonuclear Experimental Reactor, worth $1.4 billion and a 10 per cent stake in this project. China's main reason for this investment is to switch to a cleaner power source.
International Thermonuclear Experimental Reactor (ITER) is a joint international research and development project to develop a nuclear fusion reactor. The major partners for this international project include the European Union (represented by EURATOM), Japan, USA, India, Republic of Korea, the Russian Federation and the new entrant, China.
This ITER fusion reactor will be constructed in Europe at Cadarache in the South of France. Once it is built, the technologies will be transferred to the participating countries.
China wants to be involved deeply in this process, so it has committed in a big way by investing $1.4 billon. China is one of the leading polluters in the world, so moving to nuclear fusion and moving away from coal power makes sense.
The Sun and the stars are powered by a nuclear fusion process and they able to provide unlimited energy. If ITER is able to replicate this process on Earth and run it without any difficulties, it will be able to provide a clean and cheap form of unlimited energy to help the world rely less on petroleum or coal power.
Nuclear fusion is more efficient than nuclear fission processes that are currently used in the nuclear industry. Fusion also produces less nuclear waste.
However, creating a nuclear fusion process has been a major challenge for a number of years. Investments like China’s will help the research and development process, and hopefully create commercial nuclear fusion reactors soon.
More about China, Invests, Nuclear fusion
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