Global Nuclear Reactor Construction Market to Grow at a CAGR of 5.22% During 2014-2019
According to the report, rise in construction of nuclear reactors is one of the key factors driving the market. Developing countries are relying more on nuclear energy for electricity generation compared to any other sources of electricity such as renewable energy.
The global nuclear reactor construction market was valued at $34.13 billion in 2014, in terms of total investment, as compared to $32.64 billion in 2013. The analysts forecast the global nuclear reactor construction market to grow at a CAGR of 5.22% during 2014-2019.
The report covers the present scenario and the its growth prospects of the global nuclear reactor construction market for the period 2015-2019. The market size is calculated based on the investment in the market. However, we do not consider the cost associated with the maintenance and service of nuclear reactors.
http://www.prnewswire.com/news-releases/global-nuclear-reactor-construction-market-2015-2019---the-analysts-forecast-the-global-nuclear-reactor-construction-market-to-grow-at-a-cagr-of-522-during-2014-2019-300131874.html
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Last edited Tue Aug 25, 2015, 04:32 PM - Edit history (3)
IIRC the claims made after Cheney's 2005 energy bill were that the nuclear rebirth would spawn around 20 new reactors completed or under construction in the US by now.
How is that coming along?
As for the UK's initiative, it too is faltering. The rest of the EU isn't impressed with the idea of nuclear in lieu of renewables; the gawdawful cost overruns of the new plants in France and Finland; and the ongoing cost/technology improvements in renewables.
http://www.democraticunderground.com/112790293
http://www.democraticunderground.com/112790174
Edited to add this, the most accurate cost analysis performed. It goes without saying that the DU nuclear crew were nearly rabid in their rejection of this as a credible work. It still stands as an example of what impartial, critical thinking can produce even in the face of massive public relations campaigns such as that waged by the nuclear industry. Severance took a lot of flak for this, but time has vindicated his effort.
http://energyeconomyonline.com/uploads/Business_Risks_and_Costs_of_New_Nuclear_Power_Reprint_-_Jan_2__2009_Craig_A._Severance.pdf
He's the top dot on the right.
