ADDRESS by FRANCIS P. COTTER Vice President, Westinghouse Electric Corporation

Year
1967
Author(s)
Francis P. Cotter - Westinghouse Electric Corporation
Abstract
It is a pleasure to be with you tonight and address your Institute of Nuclear Materials Management. While I have been associated with atomic energy for many years, I have always held non-technical positions; I am a mini-expert. But, as a member of the Ad Hoc Advisory Panel on Safeguarding Special Nuclear Material - the Lumb Panel - I took Ralph Lumb's cram course. It might be enough to riake some observations about nuclea materials management, the future, and the role you professionals will play. I am sure you have heard much in your meetings this week about the growing need for an international system for safeguarding fissionable materials. You know what has happened. The forecasts of installed nuclear capacity in the years ahead are being constantly revised upward by the AEC, and every upward revision means more by-product plutonium will be produced and more U235 will be in the hands of processors. In Just -this past year, over half of the orders for new electric generating capacity, was for nuclear plants. The most recent forecast suggested that 175,000 megawatts of nuclear capacity will be installed in the United States by 1980.