Originally published in 1984, this book develops a quantitative
model designed for use in the evaluation of the relative merits of
alternative energy R&D programmes. It is used to compare the
merits of major energy-technology R&D programmes during the
1970s in the USA: Liquid-metal fast breeder reactors, synthetic
fuels derived from coal and oil shale and improved efficiency in
end-use technologies. The benefits/disadvantages are analyzed in
terms of economics, security and the environment. Although
published some years ago, the economic benefit assessed is in terms
of the impact that commercialization of a particular
energy-technology would have on the total 60 year cost of the US
energy supply system. The security benefit is measured in terms of
the reduction of crude oil imports and the environmental factors
are measured here by the total tonnage of coal and oil shale that
is extracted each year. All of these issues continue to be relevant
today.
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