The Global Nuclear Industry - Historical, Present, and Future Generation Statistics to 2025
Edition 2, 2014
This report analyses the global Nuclear Power market, the market drivers and the key components for future growth and development. The nuclear renaissance has been long overdue and finally appears to be materializing, but not with the anticipated surge of new build worldwide. Instead there is a clear East-West divide. Asian giants are focusing on new build to meet supply shortages and countries in Europe and North America are opting to uprate existing facilities and extend their lifetime. As often this is cheaper and more acceptable to public opinion. As there has been limited new build in the West over the past ten years, South Korea and China are starting to gain a strong hold in the domestic and international market. Both countries are reportedly producing reactors at lower cost, to schedule and in a short time. Although for both the East and West, the extent of the renaissance will largely depend upon the consequence of the March 11th 2011 earthquake in Japan. In terms of the actual damage caused to the reactors themselves and residents in the vicinity and to public opinion on nuclear power.
Published September, 2011