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Atomic Energy Costing (Paperback, Softcover reprint of the original 1st ed. 1998)
Loot Price: R2,881
Discovery Miles 28 810
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Atomic Energy Costing (Paperback, Softcover reprint of the original 1st ed. 1998)
Series: Topics in Regulatory Economics and Policy, 29
Expected to ship within 10 - 15 working days
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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).
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