Published: March 26th, 2023,
Last updated: June 1st, 2025

The nuclear fusion reactor ITER will cost at least 22 billion euros. The reactor is being built in Cadarache in southern France and is intended to pave the way for electricity generation from nuclear fusion. „By the end of this century, as fossil fuels will be phasing out of the energy mix, fusion could become a suitable complement to energy from renewables,“ the EU Commission wrote in a communication in 2017. The EU is digging deep into its pockets for this. In the financial budget 2021-2027 alone, 5.6 billion are earmarked for funding the reactor.