EU approves conclusion of ITER int'l agreement Tuesday, September 26 2006 14:22 Hrs (IST) - World Time -
Brussels:
The Council of the European Union yesterday (Sept 26, 2006) approved the conclusion of an international agreement on the implementation of the ITER (International Thermonuclear Experimental Reactor) fusion energy project, in which India is a key member.
The decision authorises the European Commission, the EU's executive, to conclude an agreement between the EU's Atomic Energy Community (Euratom) and the six other ITER participants - India, China, Japan, Korea, Russia and the US - on the establishment of the ITER International Fusion Energy Organisation for the joint implementation of the project.
The Council of the European Union represents the governments of the 25 member states of the European Union.
India signed the official ITER project agreement along with six other participants here last May.
"This signifies the start of a major international effort towards developing an energy technology which provides virtually limitless energy for supporting global development," Anil Kakodkar, secretary of India's Department of Atomic Energy and chairman of the Atomic Energy Commission, had told INEP agency after signing the agreement on behalf of the country.
The ITER project is expected to produce nuclear fusion energy in conditions that will demonstrate the scientific and technological feasibility of fusion as an energy source.
The project is expected to become a commercially viable reality in 2040 at the earliest.
India was the last member to join the project following the establishment of a joint EU-India energy panel set up to cooperate and address issues of energy security and alternative energy resources.
India and six other partners together make up more than half of the world's population.