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Before discussing the economics of atomic power development, it seems desirable that fundamental concepts and terminology be established and defined in terms comprehensible to the nontechnical reader. Accordingly, this discussion will be prefaced by a brief description of the fission process and the type of mechanical gadgetry which accompanies its commercial utilization. In the production of electrical energy today, we customarily use such fossil fuels as coal, oil, and gas, from which, by chemical reaction with the oxygen of the air, heat energy is released. This heat energy is used to boil water and produce steam. The steam, in turn, is passed through a turbine, the rotating shaft of which is coupled to a generator which produces electricity for transmission to consumers. Where nuclear fuels-uranium and plutonium-are used, the pattern is quite similar. Significant changes, in fact, are found only in the steam generating unitreflecting the fact that heat energy is here released not as a result of a chemical reaction, as is the case with fossil fuels, but as a result of a nuclear reaction called fission, in which the basic elemental characteristics of the atom are changed. Briefly, fission is that reaction in which a neutron strikes the nucleus, or center

The Facts of Atomic Power Development: Some Aspects of Nuclear Power Economics