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The nuclear power market is growing rapidly. It is expected that China will spend USD 146 bn from 2011-12 on nuclear power generation. Immediate need to meet the ever increasing demand for electricity will drive nuclear power market which has been considered as an efficient source of clean energy.
The report begins with an introduction to the nuclear power market indicating timeline of nuclear power development in China, evolution of nuclear reactor and different types of nuclear reactors being used currently in China. This is followed by an overview of nuclear power market globally and in China, indicating nuclear power generation capacity and development of nuclear power reactors which includes reactors operating, under construction, planned and proposed. It further talks about the development of nuclear power plant equipment and nuclear power fuel in China.
An analysis of drivers explain factors contributing to the growth of nuclear power market including increasing demand for electricity, depleting and dependency on oil reserves and reducing carbon content. The key challenge identified is nuclear security. Government regulations have been discussed indicating different government authorities involved in nuclear power generation, acts which govern nuclear activity and licensing procedure required for nuclear power plants.
Competition section provides brief profiles of major domestic and foreign 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.