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The energy market in Finland has been dominated by nuclear energy and shows strong prospects for future growth. Large scale demand for electricity coupled with strong government initiatives has made this segment extremely attractive for prospective investors. In order to meet the carbon dioxide emission targets nuclear energy has been chosen as the preferred choice of electricity generation and this is expected to boost the market.
The report begins with an overview of the industry providing segmented data of electricity generated via various sources. It also indicates the expected growth in energy generated through nuclear power. Specifications of the existing and upcoming nuclear plants have been provided with information on other projects in the pipeline.
The characteristics of the market has been explained which is indicative of the strong potential for growth and the issues in this space including the growth in energy intensive industries, rise in net electricity imports, credit issues faced by players in the market, rising electricity price and cost effective electricity generation.
The report highlights the various government regulations pertaining to the nuclear energy segment which includes legislations governing nuclear activity, procedure for establishing a nuclear facility, guidelines for obtaining a construction license for a nuclear power plant and guidelines for obtaining an operation license for a nuclear power plant. Major government policies and initiatives have been discussed which includes their policies towards reducing CO2 emission, research and development activities, and the introduction of a windfall profits tax. This is followed by an analysis of the development, laws, and the current scenario of nuclear waste management in the country.
Competition section profiles the major players in the market. The section contains a snapshot of their corporation, financial performance and business highlights, providing an insight into the existing competitive scenario.