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Thursday, May 05, 2005

France bullish on deal to host ITER nuclear reactor

PARIS (AFP) - France was bullish about securing a deal to host a revolutionary nuclear reactor designed to emulate the power of the sun, but arch-rival Japan and EU officials insisted there was still no agreement.

President Jacques Chirac all but declared victory by saying the ITER plant would be sited in Cadarache, southeast France, while a report in Tokyo citing government sources there said Japan had effectively given up on the project.

The ambitious project, budgeted at 10 billion euros (13 billion dollars), is meant to clear the way for a plentiful future supply of clean power as the world moves away from coal, oil and natural gas.

But it has been the subject of fierce international wrangling as Japan and France vie to host the International Thermonuclear Experimental Reactor (ITER).

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ITER Website

Wikipedia