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Off Peak

Fortnightly Magazine - October 1 1995

"Througout much of the

history of generation, technology

devolved at a very slow pace after

the construction of the first generation

of large central generation stations. With

the development of nuclear energy in the

1940s and 1950s, the government promoted an

alternative energy source that was expected to

provide a cheap source of power as well as

provide a source of plutonium for nuclear

weapons development. With the promulgation

of the Atomic Energy Act of 1946 and its

amendment of 1954, The Atomic Energy Commission

was created and imbued with the dual task of

regulating and promoting nuclear energy. Contrary to the widespread

anecdotal quote that nuclear energy would be 'too cheap to meter,' contemporary

technical studies indicate that nuclear energy was expected to cost approximately

the same as conventional energy. A prime benefit was the plutonium production

capability, as it was envisioned that the utility would financially benefit from

the government demand for plutonium.

(em Connecticut Department of Public Utility Control, taken from

DPUC Investigation into the Restructuring of the

Electric Industry, Docket No. 94-12-13,

July 14, 1995, pp. 3, 4.

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