Nuclear Energy - Finland - Sample


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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.

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Nuclear Energy - Finland - Sample

  1. 1. Nuclear Energy - Finland September 2009
  2. 2. •Market Overview •Market Characteristics •Regulations •Government Policies and Initiatives •Nuclear Waste Management •Major Players •Appendix NUCLEAR ENERGY – FINLAND.PPT 2
  3. 3. Executive Summary In 20--, a% of electricity was generated through nuclear power Finland has four nuclear power plant units with a total net capacity of XX MW Overview It is estimated that YY MW of new nuclear generating capacity is required by 20-- to meet domestic demands LE A new nuclear plant is under construction and three more are expected by 20-- Market Characteristics P Growth in energy intensive industries Rise in net electricity imports M Credit issues faced by players in the market SA Rising electricity price and cost effective electricity generation Legislations governing nuclear activity Procedure for establishing a nuclear facility in Finland Regulations Guidelines for obtaining a construction license for a nuclear power plant Guidelines for obtaining an operation license for a nuclear power plant The market is dominated by a few players which include – Company 1 Major Players – Company 2 – Company 3 – Company 4 NUCLEAR ENERGY – FINLAND.PPT 3
  4. 4. Nuclear Energy in Finland is the primary source of electricity generation Overview Electricity Production TWh •Nuclear energy accounted for a% of total Nuclear power 90 U electricity generated in 20-- 80 W X Y Hydro power V Natural gas LE u1 •Finland's four nuclear power plant units have a 70 w1 x1 y1 Coal 60 v1 total net capacity of XX MW u2 w2 Biofuel P 50 x2 y2 The annual load factors of all the units have 40 u3 v2 w3 x3 Peat M averaged at ~ b% since its inception 30 u4 v3 w4 x4 y3 Others 20 v4% y4 •Major uranium mining areas include A u5 v5 v6 w5 x5 y5 10 S u6 v7 w6 w7 x6 x7 y6 y7 Location 1, Location 2 and Location 3 0 2004 2005 2006 2007 2008 •It has been projected YY MW of new Growth in Nuclear Generation generating capacity is required by 20-- Finland needs new capacity both to meet new TWh demand growth and to replace old capacity, VV 70 primarily coal-fired plants t% 60 •Nuclear power development is expected to be 50 the primary measure to cut the CO2 emissions 40 30 towards meeting the countries emission UU 20 targets 10 0 2008 2030e Source: NUCLEAR ENERGY – FINLAND.PPT 4
  5. 5. Market Characteristics Rising electricity price and cost Growth in energy intensive effective electricity generation industries Major Characteristics of the Market Credit issues faced by players in Rise in net electricity imports the market NUCLEAR ENERGY – FINLAND.PPT 5
  6. 6. The country comprises of major industries with large energy requirements forwarding growth in nuclear power Major energy intensive industries Segmentation of electricity consumption •Majority of the power consumed in Finland is Industry by the industrial sector c% b% Household & Agriculture LE •The country comprises of industries which are Services & Construction major consumers of power such as pulp and d% Losses shipbuilding MP paper, metal and engineering industry, and A •According to a survey by TNS Gallup, for S Finnish power company TVO, it has been inferred that electricity demanded will increase in Finland in the next A-B years a% •The main reasons for the increase in electricity consumption are expected to be the growth of h% Forest industrial production, the increase in g% Meat Processing Chemicals automation, the electrification of traffic, and a e% Others general increase in the standard of living f% Source: NUCLEAR ENERGY – FINLAND.PPT 6
  7. 7. Regulations Guidelines for obtaining an Legislations governing nuclear operation license for a nuclear power plant activity Key Regulations Guidelines for obtaining a Procedure for establishing a construction license for a nuclear power plant nuclear facility in Finland NUCLEAR ENERGY – FINLAND.PPT 7
  8. 8. Government Policies & Initiatives Policies towards reducing CO2 emission Key Policies Introduction of a windfall Major research and profits tax development activities NUCLEAR ENERGY – FINLAND.PPT 8
  9. 9. Major research and development activities carried out by the State towards developing this segment Overview Sources of Funding •R&D activities have largely focused on safety Source 1 and operational performance of the power d% e% f% Source 2 plants, and the management and disposal of LE c%11.0% Source 3 waste Source 4 •Annual funding for national nuclear energy research is ~USD XX mn MP b% a% Source 5 Others •The country has no institutes dedicated to nuclear research A Additional funding is received from Institution 1 S Most research takes place at the Establishment 2 Research Areas •National research programmes on nuclear x% w% energy Nuclear Waste Programme 1 Management Programme 2 Reactor Safety v% Fusion Programme 3 u% Others Source: NUCLEAR ENERGY – FINLAND.PPT 9
  10. 10. Nuclear Waste Management Developments in nuclear waste Current scenario management Nuclear Waste Management Provisions of nuclear waste Classification of nuclear waste management NUCLEAR ENERGY – FINLAND.PPT 10
  11. 11. Thank you for the attention The Nuclear Energy – Finland report is a part of Netscribes’ Energy and Utility Industry Series. For more detailed information or customized research requirements please contact: Natasha Mehta, CFA Gagan Uppal Phone: +65 8448 0449 Phone: +91 98364 71499 E-Mail: E-Mail: About Netscribes Netscribes is a knowledge-consulting and solutions firm with clientele across the globe. The company’s expertise spans areas of investment & business research, business & corporate intelligence, content-management services, and knowledge-software services. At its core lies a true value proposition that draws upon a vast knowledge base. Netscribes is a one-stop shop designed to fulfil clients’ profitability and growth objectives. Disclaimer: This report is published for general information only. Although high standards have been used the preparation, Research on India, Netscribes (India) Pvt. Ltd. or “Netscribes” is not responsible for any loss or damage arising from use of this document. This document is the sole property of Netscribes (India) Pvt. Ltd. and prior permission is required for guidelines on reproduction. NUCLEAR ENERGY – FINLAND.PPT 11