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Sir John Douglas Cockcroft, director of the Atomic Energy Research Establishment at Harwell, England, outlined a program for nuclear power development that will halve the cost of electricity in Britain within the next five years. He delivered the first Morris Loeb Lecture at Burr Hall last night.
The Nobel prizewinner told a capacity audience that four new nuclear power stations now being constructed in England will be completed by 1961. Operating on graphite gas cooled reactor systems, these stations will produce nearly 20 per cent of Britain's electrical power demands by 1965.
Cockcroft also stated that the United States' nuclear power plants will not be producing a comparable percentage of our electrical energy needs until 1975. He explained that power from American coal and oil reserves will remain economically competitive with nuclear power for another 15 years.
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