Get more info on this report!Nuclear Energy RenaissanceMay 1, 2011The nuclear energy technology (NET) market re-emerging, and in fact has been aptlynamed by some as the Nuclear Technology Renaissance. Interest is being fueled by anumber of supporting factors, such as a general improvement of public perceptionregarding nuclear technologies, and a global need for more reliable, less costly energysources. The number and technological development of nuclear power plants isincreasing worldwide. Under the NET umbrella, some of the more common nuclearreactor types used today for electricity generation include pressurized water reactors(PWRs), boiling water reactors (BWRs), fast breeder reactors (FBRs), heavy waterreactors (HWRs) and light water reactors (LWRs).In 2010 the world market for NET neared $200 billion, up significantly from the yearbefore. Steady growth is expected to continue at least through the year 2020. The NETmarket segments including PWRs and BWRs currently account for close to half[Shelley, this needs further research] of all nuclear reactors; this share is expected tosee a slight decrease by 2020 as other technologies are improved and as newtechnologies come to fruition. The United States staked a near 28% claim of total NETmarket share in 2010; however, the nation is expected to lose some of its dominance toa handful of other countries by 2020, which are either increasing their nuclearcapabilities or undertaking nuclear endeavors for the first time.Many factors, including aging electricity infrastructures, increases in terrorist activities,higher fossil fuel costs and increases in electricity demand have left many nations with adesire to increase their levels of energy security. Electricity produced from nuclearpower plants offer a secure and reliable source of electricity as they operateindependently, do not rely on fossil fuels, provide a constant stream of electricity andare cost-effective - once installed. New technologies are also emerging for smallmodular nuclear reactors, which may be ideal for military bases - offering increasedsecurity for military personnel.In the past, deriving electricity from nuclear power plants has been highly controversial,due in part to the large amounts of nuclear waste produced. Many environmentalorganizations such as Greenpeace have been strongly against any nuclearundertakings. New technological innovations, such as those to prolong the life ofuranium or to recycle the radioactive element, have significantly helped to reduce the
amount of waste produced through nuclear electricity generation. Over the past twodecades, public perception has been slowly shifting, although has only recentlynoticeably bent in favor of nuclear technology development.Growth in the NET market has been significantly hampered by the highly volatile andcontroversial aspects associated with nuclear warfare. This has been an especiallylarge hurdle for some countries that have not cooperated with international agreementsor have not readily divulged information regarding their nuclear operations. Manycountries are now promising to abstain from nuclear weapons development, whileothers are forming alliances for the exchange of nuclear technologies - sometimesunder intense international disapproval. Countries, such as the United Arab Emiratesand North Africa, which previously did not have access to nuclear technologies, areplanning to install nuclear reactors and many countries already taking advantage ofnuclear technologies will be increasing their nuclear capacities.The World’s Nuclear Energy Technology Renaissance: A Market Analysis containscomprehensive historical data (2006-2010) and forecast data (2011-2020). This reportidentifies key trends and factors (such as the regulatory scene, new technologies,employment opportunities and economic drivers and challenges), which affect the sizeand direction of NET market growth around the world. Profiles of 20 major - or simplyinteresting - companies involved in the NET market are also included.Report MethodologyThe information contained in The World’s Nuclear Energy Technology Renaissance:A Market Analysis has been gathered from trade associations; business, science andlaw journals; company literature and websites; interviews with more than ten keyindividuals, research services and institutes around the world; and is based on datafrom government agencies, such as the U.S. Census Bureau, U.S. Department ofEnergy, the Energy Information Administration and the International Atomic EnergyAgency.How You Will Benefit From This ReportThe World’s Nuclear Energy Technology Renaissance: A Market Analysis detailssignificant trends, technologies and market numbers for a clear overview of the complexmicrogrid market.This report will help: Managers identify market opportunities and develop solid implementation plans for NET activities. Research and development professionals stay on top of competitor initiatives, and understand the developments and obstacles within the NET market. Business development executives work within the dynamics of the market and identify possible partnerships.
Information and research center librarians access vital information. Policy makers and government officials understand the dynamics and scope of the market they are working to affect. Advertising agencies working with clients involved in the NET industry to help design appropriate messages and images. Investors and stakeholders gain a well-rounded view of the NET market, including its strengths, weaknesses and likely future direction.Available immediately for Online Download athttp://www.marketresearch.com/product/display.asp?productid=6065306US: 800.298.5699UK +44.207.256.3920Intl: +1.240.747.3093Fax: 240.747.3004