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<p>The EU’s Joint Undertaking for ITER (F4E) funds the €540m p.a. EU contribution
to the ITER programme. This is funded primarily through the EU central budget with
small additional membership fees from member states. The UK pays a €290,000 annual
membership fee directly to F4E.</p><p> </p><p>UK membership of F4E gives UK scientists
and engineers the opportunity to work at, and in partnership with, ITER on development
of fusion as a clean, safe and virtually inexhaustible energy source. It also gives
the UK access to intellectual property developed at ITER and helps the UK maintain
its position as a world leader in fusion technology.</p><p> </p><p>F4E membership
has enabled the UK to win high-value ITER construction contracts, with opportunities
to bid for significantly more during the construction which has a current budget of
€14.4bn overall and will be complete in 2025.</p><p> </p>
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