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What Faelco said. They've been working on this project since 2006. Nuclear fusion has been around a lot longer. Claims of cold fusion breakthroughs were quite regular 30 years ago.

ITER isn't going to produce energy either, it's a proof of concept.

http://www.jt60sa.org/b/FAQ/EE2.htm
ITER is about equivalent to a zero (net) power reactor, when the plasma is burning. Not very useful, but the minimum required for a convincing proof of principle. In ITER the conversion to electricity will not be made: the production of fusion power by the ITER experiment is too spasmodic for commercial use.

We'll get there eventually. Perhaps if we invested as much into fusion reactors as into the military...
http://www.reuters.com/article/us-france-nuclear-iter-idUSKCN1271BC
Costs are now up to 18 billion euros (for the entire project) Total defense spending (world) is estimated at 1,586 billion euros a year!