Europe: Power Play

A benign nuclear war is being fought in Europe — a battle over the $500 million-a-year market for power reactors.Western Europe has already outdistanced the U.S. in the number of nuclear power installations (29 v. 12), but that is just the beginning. Europe has decided for the future to invest more in nuclear power than in any other means of producing electricity, is on the threshold of making major purchases of equipment. Such U.S. giants as General Electric and Westinghouse, which won an early beachhead for their reactors, are now being strongly challenged by big equipment makers...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!