Dallas, TX -- (SBWire) -- 09/30/2010 -- Nuclear power contributed about 15% to the total world electricity generation in 2009 with an installed capacity of 373GW. There are currently 436 nuclear reactors in operation in 30 countries worldwide. The US is the largest producer of nuclear power generating 31% of the total global nuclear generation followed by France, Japan and Russia. Nuclear power is an important source of power for countries such as Lithuania which generated 76.2% of its electricity through nuclear followed by France whose nuclear share in electricity generation stood at 75.2% in 2009. In addition, 16 countries generate more than 25% of their electricity through nuclear power and four countries more than 50% including Slovakia and Belgium.
The need for energy security and growing emphasis on reducing greenhouse gas emissions is driving nuclear power development globally. However, concerns relating to high capital costs and nuclear safeguards may hinder the development of nuclear power.
The report documents the growth of the nuclear power, showing its current status and outlook.
The report gathers the statistical data on nuclear power generation of the top 10 non-OECD countries and provides the drivers and resistors in these countries.
Key features of this report
• Overview of the global nuclear power industry accompanied by installed capacity and generation of nuclear power.
• Nuclear power technology globally and economics of nuclear power generation.
• Current situation in the top 10 non-OECD countries by nuclear power generation and its outlook.
• Key players, drivers and resistors for the top 10 non-OECD nuclear power generating nations.
• Outlook for global nuclear power industry and estimated nuclear power capacity additions by 2030.
Scope of this report
• Achieve a quick and comprehensive understanding of how the current nuclear power market is influencing nuclear power development.
• Assess the competitiveness of nuclear power in comparison to other forms of energy such as coal, gas and wind.
• Assess the current situation of nuclear power development in the developing nations and the drivers and resistors.
• Understand the major issues affecting nuclear power development globally and developing countries specifically.
• Provides an outlook for the nuclear power development on a global scale.
Key Market Issues
• Lack of infrastructure and talent: Limited choice of reactors due to few reactor designers coupled with talent shortage for architecture and project management may constrain the growth of the global nuclear power industry.
• High capital costs: While nuclear power running costs are low, the capital cost of setting up a nuclear power plant continues to be high. High capital cost of nuclear power is a major barrier to the development of nuclear power if uncertainties in the credit markets persist.
• Radiation fears: Radiation fears due to storing used fuel at plant site or dumping the nuclear waste close to populated regions is raising concerns over nuclear power development.
• Proliferation: Concerns over diversion of nuclear material for weapons manufacturing and the risk of nuclear materials falling in unsafe hands continue to limit the pace at which nuclear power is growing.
Key findings from this report
• Nuclear power contributed about 15% to the total world electricity generation in 2009 with an installed capacity of 373GW. There are currently 436 nuclear reactors in operation in 30 countries worldwide. The US is the largest producer of nuclear power generating 31% of the total global nuclear generation followed by France, Japan and Russia.
• The need for energy security and growing emphasis on reducing greenhouse gas emissions is driving nuclear power development globally.
• Concern relating to the effects of global warming is driving nations to look for cleaner sources of energy such as nuclear power. Only nuclear and hydropower can provide large-scale clean alternative source of power generation compared to fossil fuels with continuous and reliable supply of electricity.
• Currently there are 53 reactors under construction in 14 countries with a total capacity of 51GW as of 2009 with majority being built in Asian countries.
Key questions answered
• What are the drivers shaping and influencing nuclear power industry?
• What is the outlook for nuclear power development globally?
• What are the technological developments in nuclear power generation?
• Which regions are rapidly developing and planning to add new nuclear capacities?
• Who are the major players in nuclear power equipment manufacturing?
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ReportsandReports - The Nuclear Power Market Outlook for Developing Countries: Overview, Capacity Growth, Drivers, Resistors and Future Outlook