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Prospects for a New Nuclear Renaissance in Europe
Datamonitor, July 2009, Pages: 18
In Europe, times of record economic growth, cheap oil and excess energy supplies are over. Instead, the energy landscape is one of declining power supplies and high, volatile fossil fuel prices. These factors - coupled with increasing energy demand, concerns over climate change, energy import dependency and security of supply - are coinciding to make the case for nuclear build much stronger.
Scope
- A review and evaluation of the drivers that are fuelling an increasingly probable nuclear renaissance across European member states.
- Capacity margin and wind capacity forecasts plus historical power output data and total emission lifecycle data for the major generation technologies.
- EU power generation cost projections for the major technologies plus a side by side review of their key respective advantages and limitations.
- A detailed review of the nuclear energy landscape for every relevant European member state as well as 2030 nuclear capacity forecasts.
Highlights of this title
On the road to 2020, Europe will grow overly dependant on gas. New nuclear generation capacity will be needed to offset ageing nuclear and diminishing coal and to address increasing energy import dependency. In the face of increasing environmental legislation, nuclear will also be able to leverage its strong green credentials.
In Europe, nuclear power generation is competitive and is expected to develop a greater economic advantage over fossil fuel technologies in the run up to 2030. Nuclear also presents many advantages over other types of power generation, which all have major downsides and often lack credibility as sources of clean long-term baseload power.
At present, 14 of Europes 27 Member States rely heavily on nuclear power and that reliance is set to grow. By 2030, net additions of nuclear power capacity will be highest in the UK, but could be higher still in Germany, where the planned - albeit improbable - phasing out of nuclear power would result in a significant energy supply gap.
Key reasons to purchase this title
- Quickly determine the extent to which the different European member states are directly dependant on nuclear power generation.
- Understand how energy import dependency, security of supply, and climate change are coinciding to make a strong case for a new nuclear renaissance.
- Benchmark European member states likely involvement with new nuclear power generation in the run up to 2030.
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