Categories
Nuclear Power

September 17, 1954 – nuclear electricity will be too cheap to meter

Seventy years ago, on this day, September 17th, 1954 the head of the Atomic Energy Commission proclaimed that there would come a time when nuclear power would provide electricity too cheap to meter.

Transmutation of the elements, — unlimited power, ability to investigate the working of living cells by tracer atoms, the secret of photosynthesis about to be uncovered, — these and a host of other results all in 15 short years. It is not too much to expect that our children will enjoy in their homes electrical energy too cheap to meter — will know of great periodic regional famines in the world only as matters of history,— will travel effort­lessly over the seas and under them and through the air with a minimum of danger and at great speeds, — and will experience a lifespan far longer than ours, as disease yields and man comes to understand what causes him to age.”

Lewis Strauss speech on electrical energy being “too cheap to meter” – http://www.thisdayinquotes.com/2009/09/too-cheap-to-meter-nuclear-quote-debate.html

The amount of carbon dioxide in the air was roughly 313ppm. As of 2024 it is 422ppm, but check here for daily measures. 

The context was that nuclear energy was going to provide a useful adjunct to nuclear weapons. And one way that you get people enthused despite their fears of shit blowing up is by promising them that the electricity produced will be too cheap to meter. And so it came to pass…

What we learn – in the upswing of the hype cycle, statements that look absurd in retrospect get made.

What happened next it turns out nuclear power was never too cheap to metre. There were the inevitable cost overruns. There was the fight back by the coal industry. There was Three Mile Island which was not actually the thing that killed the nuclear power industry. The order book was pretty empty before then. I should probably watch Silkwood again.

What do we learn? Yeah, that hype happens. 

What do you think? Does this pass the ‘so what?’ threshold? Have I got facts wrong? Interpretation wrong? Please do comment on this post, unless you are a denialist, obvs.

Also on this day: 

September 17, 1969 – trying to spin Vietnam, Moynihan starts warning about #climate change

September 17, 1987 – report on “The Greenhouse Project” launch

September 17, 2002 – UK Government announces feasibility study into Carbon Capture and Storage