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- Title
Waiting for the Breeder.
- Authors
Manne, Alan S.
- Abstract
Throughout the balance of this paper we shall concentrate upon only one of many aspects of the energy problem—the race between the development of breeder fission and the exhaustion of low-cost natural uranium resources. Sequential probabilistic linear programming is employed to calculate optimal electricity plant-mix decisions during the decade of the 1980's—given the uncertainty on the date of availability of the breeder. The model allows for the possibility that future uranium resource scarcities will lead to an increase in electricity prices and hence a reduction in the projected demands.
- Subjects
BREEDER reactors; NUCLEAR reactors; URANIUM ores; BREEDING of nuclear fuels; POWER resources; NATURAL resources; ENERGY conservation
- Publication
Review of Economic Studies, 1974, Vol 41, Issue 5, p47
- ISSN
0034-6527
- Publication type
Article
- DOI
10.2307/2296371