ABSTRACT
The model developed in this chapter was designed to specifically focus on the comparison of the relative merits of three major energy R&D programs. The list of existing and proposed major energy R&D programs that could be evaluated using the model is substantial: fusion, solar electric generation, electric cars and thermochemical water-splitting are just a few of the alternatives. The case for electric cars is particularly interesting; an accelerated development program for this technology to the point where electric cars become economical in large numbers before the turn of the century might have a favorable impact on the value of an advanced technology electrical generation program. Although the model formulated in this dissertation was designed to help compare major energy R&D programs, it could prove useful for analyzing other energy problems. It might, however, require some modification in order to be useful for analyzing the other problems.
