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Global Nuclear Power Outlook And Opportunities

Nuclear energy policy differs between European Union countries, and some, such as Austria, Estonia, and Ireland, have no active nuclear power stations.
by Staff Writers
Dublin, Ireland (SPX) Aug 19, 2010
Research and Markets has announced the addition of the "Global Nuclear Power Outlook and Opportunities" report to their offering.

Nuclear power is any nuclear technology designed to extract usable energy from atomic nuclei via controlled nuclear reactions. The only method in use today is through nuclear fission, though other methods might one day include nuclear fusion and radioactive decay.

All utility-scale reactors heat water to produce steam, which is then converted into mechanical work for the purpose of generating electricity or propulsion. In 2007, 14% of the world's electricity came from nuclear power. More than 150 nuclear-powered naval vessels have been built, and a few radioisotope rockets have been produced.

In 2007, nuclear power's share of global electricity generation dropped to 14%. According to the International Atomic Energy Agency, the main reason for this was an earthquake in western Japan on 16 July 2007, which shut down all seven reactors at the Kashiwazaki-Kariwa Nuclear Power Plant.

There were also several other reductions and "unusual outages" experienced in Korea and Germany. Also, increases in the load factor for the current fleet of reactors appear to have plateaued.

The United States produces the most nuclear energy, with nuclear power providing 19% of the electricity it consumes, while France produces the highest percentage of its electrical energy from nuclear reactors - 78% as of 2006. In the European Union as a whole, nuclear energy provides 30% of the electricity.

Nuclear energy policy differs between European Union countries, and some, such as Austria, Estonia, and Ireland, have no active nuclear power stations. In comparison, France has a large number of these plants, with 16 multi-unit stations in current use.

In the U.S., while the Coal and Gas Electricity industry is projected to be worth $85 billion by 2013, Nuclear Power generators are forecast to be worth $18 billion.

This report analyzes the nuclear energy industry worldwide. It takes a look at the basics of nuclear power, a country-wise analysis of nuclear power around the world, major companies active in the industry, and much more.



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