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Emerging Nuclear Countries to Drive the Growth of the Nuclear Equipment Market
GlobalData, Feb 2011, Pages: 7
Emerging Nuclear Countries to Drive the Growth of the Nuclear Equipment Market
Summary
There are a number of non-nuclear countries that are now seeking nuclear technology for power generation. Rising demand for power and a commitment to cut down greenhouse gas emissions are compelling these emerging nuclear power countries to opt for nuclear power. In the past, the safety concerns associated with the industry had made these countries hesitate or avoid incorporating nuclear power into their existing energy mix. Now that awareness of the usefulness of nuclear technology providing power in combating greenhouse gas emissions is widespread, these countries are now contemplating including nuclear energy in their energy mix. Additionally, technical advancements have made nuclear power safer than it has historically been. Despite challenges, there are strong drivers pushing these countries to consider nuclear as an option for power generation. The construction of a nuclear power plant is approximately expected to cost $2-3 billion, depending on the reactor type and capacity. Globally, 50+ new reactors are planned in emerging nuclear countries. As of December 2010, the total cumulative revenue for upcoming new nuclear reactors in the emerging nuclear countries across the globe during 2010-2030 is estimated at around $184.2 billion. The established nuclear power countries intend to assist emerging nuclear power countries by signing nuclear co-operation agreements and aiding them in the construction of nuclear power reactors. This will fuel the growth of global nuclear power market. Apart from existing nuclear power countries’, nuclear expansion plans in the emerging nuclear power countries will provide huge opportunities for nuclear suppliers globally.
Scope
- The report analyses emerging nuclear power countries role in the global nuclear power market.
- Explores and analyzes the market potential of emerging nuclear power countries.
- Provides details of nuclear power countries supporting emerging nuclear power countries.
Reasons to buy
The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to -
- Gain most up to date information and analysis on emerging nuclear power countries.
- Understand the role of nuclear power countries in supporting emerging nuclear power countries to realize their nuclear power plans.
- Facilitate decision making by understanding the trends in the emerging nuclear power countries .
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