European Commission Announces Plans To Boost Research Budget For Nuclear Fission And Fusion

Bloc wants to lead in creation and commercialisation of ‘viable energy source’

European Commission Announces Plans To Boost Research Budget For Nuclear Fission And Fusion
More than half of the budget represents the EU’s contribution to Iter, which the commission called ‘the most ambitious fusion project in the world.’ Courtesy Iter.

The European Commission has put forward a €9.8bn ($11.5bn) budget proposal for the EU’s next Euratom nuclear research programme, fuelling’s Europe’s ambition to become the first to develop and commercialise fusion energy.

The commission said it has adopted a proposal for the Euratom research and training programme that includes a doubling of the research and innovation budget for both nuclear fission and fusion.

Technically, the next edition of the Euratom budget for 2028-2034 will be almost five times bigger than the current €1.98bn nuclear research programme, according to the new proposal.

But much of the increase is due to a plan by the commission to route the EU’s full contribution to the €20bn International Thermonuclear Experimental Reactor (Iter) fusion project in the south of France via Euratom. Before, the Iter money was pooled in from multiple EU funds.

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