MSIP to invest $132.7 mn in nuclear fusion R&D
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| �����Է� 2013.07.03 14:23:32 | �������� 2013.07.03 15:44:25 | ||
The South Korean government will invest 151.6 billion won ($132.7 million) in research and development (R&D) for nuclear fusion this year.
The Ministry of Science, ICT and Future Planning (MSIP) said Wednesday it finalized the second plan for national nuclear fusion energy development between 2012 and 2016 and invest 151.6 billion won in four nuclear fusion R&D projects this year, including the International Thermonuclear Experimental Reactor (ITER), a joint project led by six countries and the European Union (EU).
The government will allocate 84.2 billion won in the ITER project, 32.7 billion won in research by the Korea Superconducting Tokamak Advanced Research (KSTAR), 26.8 billion won in the nuclear fusion research institutions�� projects, and 7.9 billion won in conducting basic nuclear fusion research and fostering personnel. The total budget is down 12 percent from that of last year.
The national plan sanctions the MSIP to develop and produce components as part of fulfilling procurement for the ITER project to gain related technologies, while supporting the development of core technologies in non-procurement areas.
The MSIP said ��we intend to continue to develop and produce 10 major devices such as diagnosis machines, and at the same time develop key technologies required for commercializing nuclear fusion energy in the future.��
In the national plan, the ministry decided to consistently improve facilities to enhance operation functions of the KSTAR, a magnetic fusion device built in Korea in 2007, and use it as a key tool for basic nuclear fusion research.
In addition, the government seeks to stimulate the ecosystem in the domestic nuclear fusion sector by boosting companies that have participated in the construction of the KSTAR or ITER project.
Copyrights �� Yonhap News
[�� Maeil Business Newspaper & mk.co.kr, All rights reserved]
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The government will allocate 84.2 billion won in the ITER project, 32.7 billion won in research by the Korea Superconducting Tokamak Advanced Research (KSTAR), 26.8 billion won in the nuclear fusion research institutions�� projects, and 7.9 billion won in conducting basic nuclear fusion research and fostering personnel. The total budget is down 12 percent from that of last year.
The national plan sanctions the MSIP to develop and produce components as part of fulfilling procurement for the ITER project to gain related technologies, while supporting the development of core technologies in non-procurement areas.
The MSIP said ��we intend to continue to develop and produce 10 major devices such as diagnosis machines, and at the same time develop key technologies required for commercializing nuclear fusion energy in the future.��
In the national plan, the ministry decided to consistently improve facilities to enhance operation functions of the KSTAR, a magnetic fusion device built in Korea in 2007, and use it as a key tool for basic nuclear fusion research.
In addition, the government seeks to stimulate the ecosystem in the domestic nuclear fusion sector by boosting companies that have participated in the construction of the KSTAR or ITER project.
Copyrights �� Yonhap News
[�� Maeil Business Newspaper & mk.co.kr, All rights reserved]
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