The global nuclear industry is expected to witness a significant number of planned plant shut downs in the years ahead, either because the life spans of the presently operating reactors are coming to an end or because of forced closures. This number is expected to be around 100 over the next few decades. However, the years 2014 and 2016 will see an increased number of planned shut downs, with 10 closures in each year.
Europe is the biggest market for commercial nuclear power plant decommissioning. The region accounts for nearly 90% of global nuclear decommissioning. Russia and the UK are the largest markets with many reactor units planned for shut down over the period 20102045.
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The planned shut down of commercial nuclear power plants will have tremendous impact on the power industry globally. It is expected that around 100 of the presently nuclear power plants will be shut down in the next few decades, reducing the installed nuclear power capacity by more than 50 GWe.
Global Nuclear Reactor Decommissioning Industry Analysis: Market Size, Regional Analysis and Competitive Analysis the latest report from GlobalData, covers the global nuclear decommissioning industry its the key contributing factors and the restraints in the global nuclear market. It provides comprehensive information on the market size for nuclear decommissioning across different geographies. The report covers an in-depth anlaysis of the market and the planned reactor units shut down for decommissioning in different countries. The study also covers nuclear power reactors expected to be shut down and an age analysis of the operating plants globally. It also includes an analysis of the strategic acquisitions and partnership agreements in the nuclear decommissioning industry. An analysis of the key players involved in nuclear decommissioning globally is also carried out in the report. The report also comprises recent industry developments, trends and activities.
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