Aug 1, 2018   SOURCE: BusinessWire

Global Nuclear Decommissioning Market Analysis of Growth, Trends & Forecasts 2018-2023 - ResearchAndMarkets.com

The "Global Nuclear Decommissioning Market - Analysis of Growth, Trends and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

Several stringent regulations were introduced, as a result of decommissioning of several low-performance nuclear reactors. After the Fukushima nuclear power plant accident, governments, across the globe, started reviewing their nuclear power plant status, and they have also reduced the time span for regular reactor inspections.

Several countries in the European Union (EU) are actively considering retracting nuclear power, due to the benefits of integrating renewable energy generators. After the Fukushima incident, countries, such as Germany and France, have taken drastic measures to phase-out their nuclear power programs. As of 2017, nuclear energy accounted for approximately 75% of the power generation in France.

The United States has 99 nuclear reactors, more than any other country, with 102 gigawatts of electricity generation capacity, which can power about 70 million homes. However, nuclear energy development in the United States has become almost entirely dormant in the past decade, due to the high upfront costs, at least partly created by stringent regulations and licensing requirements as well as competition from other energy sources.

South Korea began its nuclear decommissioning program in 2017. Decommissioning of country's oldest reactor is undergoing a lengthy and costly process of being dismantled. It has only 17 technologies for nuclear decommissioning, and has not acquired 21 technologies related to decommissioning preparation, dismantling, decontamination, waste disposal, and environmental recovery. The country is looking to ramp up its efforts to develop technologies associated with decommissioning.

Companies Mentioned

  • Babcock International Group PLC
  • WS Atkins plc
  • James Fisher & Sons PLC
  • AECOM
  • Areva SA
  • NorthStar Group Services Inc
  • Bechtel Group Inc
  • Westinghouse Electric Company LLC
  • Studsvik AB
  • GE Hitachi Nuclear Energy

Key Topics Covered:

1. Executive Summary

2. Research Methodology

3. Market Overview

4. Market Dynamics

5. Porter's Five Forces Analysis

6. Global Nuclear Decommissioning Market Analysis, by Reactor Type

7. Global Nuclear Decommissioning Market Analysis, by Geography

8. Key Company Analysis

9. Competitive Landscape

10. Appendix

For more information about this report visit https://www.researchandmarkets.com/research/fpwmnd/global_nuclear?w=4