Word: nuclear
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Dates: during 1960-1969
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Enthoven has participated in studies of projected ICBM requirements, non-nuclear NATO defense strategy, and rapid deployment of troops. The approach to all these problems is what Enthoven calls a simple marginal analysis: determining how much better one alternative will serve long-range objectives than another alternative under various conditions. "It's quantitative common sense," he explained...
Signs of Rise. Britain alone produces more nuclear power than the rest of the world's nations combined. Its power reactors generate 7% of the island's electricity, and other plants now being built or planned will raise that figure to 12% within three years. The Common Market's Six get only 1.5% of their power from the atom, but that output will be trebled by plants now abuilding. France, the Continent's biggest investor in atomic power, intends to increase its generating capacity as much as tenfold by 1970. The Market's nuclear authority...
Plants are rising because costs are coming down. A combination of improved reactors and lower-cost uranium has not only made nuclear power competitive with conventional power but made it the cheapest of all available forms of electricity in many parts of Europe. German power experts calculate that a large modern nuclear plant can churn up power for 6 to 61 mills per kilowatt-hour v. 71 to 9 mills for an equivalent coal plant. Hydroelectric power is cheaper than both, but is not widely available. Switzerland and Sweden are opting for nuclear power because they are running...
...mood to consider bids from the satellites-provided that they agree to let inspectors check regularly that the atoms are used only for peaceful power. This could be difficult, because one inevitable by-product of the reactors is plutonium, which is a major ingredient in nuclear bombs...
...contest is bound to narrow. To boost national pride and to save foreign exchange, many of Europe's state-owned power monopolies are expected to place most of their future orders with local suppliers. U.S. equipment companies believe that their most promising markets are in countries that want nuclear power but have not yet begun large-scale production of reactors themselves, notably Italy, Spain, Switzerland and Japan. Beyond that is a vast future market in the developing countries. Eagerly eying South America and Africa, the Western suppliers figure that eventually there should be enough business for just about everyone...