Atomic Energy Costing

Atomic Energy Costing

Author: Warren Young

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 133

ISBN-13: 1461549639

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In the centennial year of the birth of Sir John Cockcroft, first master of my Cam bridge College, Churchill, and the first man to split the atomic nucleus by artificial means, it is indeed relevant to consider the outcome of his efforts at developing atomic power. From the earliest days of the construction of Calder Hall-the first nuclear power station in Britain-and the establishment of the British Atomic Re search Center at Harwell, and the Chalk River Nuclear Station in Canada, through the "Windscale" nuclear accident in Britain, up to the present, when some 20% of UK energy is derived from nuclear power, the Cockcroft legacy is felt. As the British historian Mark Goldie put it, in the "pure and sanguine 1950s," Cockcroft had almost absolute "faith in 'peaceful atoms' and in the boundless, almost cost free, energy that atoms would soon produce" (Goldie, 1997, p. 21). But, as the eminent economist Frank Hahn recalled, "the only failing Cockcroft had" was "that he wasn't up to much in economics. " Indeed, Hahn recalled that he "had to explain" to Cockcroft "the economic notion of optimum durability" as it related to the "interest rate" in the context of building Churchill College with "hand-made bricks. " After his explana tion, as Hahn recalled "Cockcroft smiled and proceeded to order more hand-made bricks" (Hahn, 1997, p. 27).


Economic Aspects of Atomic Power

Economic Aspects of Atomic Power

Author: Sam H. Schurr

Publisher: Princeton University Press

Published: 2017-03-14

Total Pages: 318

ISBN-13: 1400886538

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Economists of the Cowles Commission of the University of Chicago present the first comprehensive study of the long-range effects on world economy of atomic power and its implications for industries producing oil, coal, and electric power. The study includes a consideration of the characteristics of atomic power, covering source and cost of fuels, type of equipment and initial investment required, etc., and an analysis, estimating the future effects of atomic power on residential heating and on the industries producing aluminum, iron and steel, flat glass, phosphate fertilizers, fixed nitrogen, chlorine, caustic soda, cement, bricks, railroad transportation. The final chapter discusses the possibilities of atomic power in industrialization of backward areas. Originally published in 1950. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.