News Archive for Nuclear News

Global nuclear energy market to witness growth as emerging economies build generation capacities

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Transparency Market Research presents a thorough study of the global nuclear energy market through its new research report. The study includes an assessment of the strengths, weaknesses, opportunities, and threats impacting the key segments in the overall nuclear energy market. The research report, titled “Nuclear Energy Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast 2019,” explains the importance of nuclear energy in times when the pressure of declining fossil fuel reserves is increasing. The researchers have studied this market comprehensively by highlighting the trends and dynamics governing it.

Nuclear energy is being considered as the next viable energy option in the energy industry as it offers a solution that is free from carbon emissions. Furthermore, the fact that nuclear energy is affordable and reliable is also expected drive this market in the coming years.

The nuclear energy market is segmented on the basis of technology and geography. On the basis of technology, this market is segmented into boiling water reactor (BWR), pressurized water reactor (PWR), fast breeder reactor (FBR), uranium reactor (CANDU), and advanced gas-cooled reactor (AGCR). Geographically, this market is segmented into Asia Pacific, North America, Europe, and Rest of the World.

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The United States held the largest share in the global nuclear energy market as of 2013. The country’s nuclear energy generation capacity stood at 789 billion kWh in 2013, which was closely followed by France with a capacity of 403.7 kWh in the same period. China too is making a significant contribution to the global nuclear energy market with about 26 nuclear units underway. South Korea and Russia are two more countries that are showing promise in the overall market. Though developed countries are factoring in nuclear energy as a considerable part of their energy mix, the developing nations are lagging as they are still building nuclear power generation capacities. Once the capacities are set up, the nuclear energy market is expected to pick up pace in the emerging economies as well.

Some of the key operating players in the global nuclear energy market are PSEG Power LLC, Duke Energy, Exelon Corporation, Bruce Power, EDF Energy, NextEra Energy Resources LLC, Tokyo Electric Power Company, GE Hitachi Nuclear Energy, and China General Nuclear Power Corporation. The research report evaluates the competitive landscape present in the global nuclear energy market. It also explains the political scenario dictating the expansion trajectory of this market. Furthermore, the research report examines research and development activities, financial overview, investment outlook, business and marketing strategic, technological developments, and strategic mergers and acquisitions of these top players in the near future.

Research Report:http://www.transparencymarketresearch.com/nuclear-energy-market.html

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Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Nuclear waste management market to account for US$5.63 bn in revenue by 2024; Influx of investments to support growth

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Nuclear waste management refers to disposal facilities which are widely used to store hazardous wastes away from the reach of general public. Time frame for storing waste depends upon the type of waste and radioactive isotopes. Nuclear waste management companies are also engaged in nuclear reactor decommissioning process and have disposal facilities and repositories for final disposal of nuclear waste during dismantling of nuclear reactors. The nuclear waste management market is highly fragmented with major players driving the market with agreements, acquisitions, and expansion of disposal facilities to develop a competitive position for themselves.

Transparency Market Research has released a new market report titled Nuclear Waste Management Market By Waste Type (Low Level Waste, Intermediate Level Waste, High Level Waste) and By Nuclear Reactor Type (Boiling Water Reactors, Gas Cooled Reactors, Pressurized Water Reactors, Pressurized Heavy Water Reactors, and Others) – Global Industry Analysis, Size, Share, Growth Trends, and Forecast, 2016 – 2024. According to this report, the global market revenue for nuclear waste management stood at US$ 1,382.0 Mn in 2015 and is expected to reach US$ 5,627.5 Mn by 2024 at a CAGR of 16.7% from 2016 to 2024.

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Energy is the second-largest variable cost after raw materials in electricity generation. As energy requirements change abruptly, the infrastructure must be capable of meeting the peak demand. One kilogram of nuclear fuel produces more energy when compared to similar quantities of hydrocarbons or coal. For clean and quick energy requirements investments in nuclear power are expected to rise in the next few years.

Research and development activities, focusing on more efficient nuclear waste disposal systems would help overcome the challenge of safe disposal of hazardous nuclear wastes. Environmental and climate norms are focusing more on clean energy solutions. Clean and quick energy in line with low harmful emissions is among the top priorities of corporate environmental management programs. Toxicity of nuclear waste can be minimized through establishment of efficient disposal facilities and repositories.

Investment in the development of waste disposal facilities are increasing and is expected to boost in the next few years due to planned nuclear projects. The U.S., France, and Russia are the leaders in utilization of nuclear waste management and are investing more in R&D of efficient management of nuclear wastes. Nuclear waste management services are primarily employed by companies for minimizing the toxicity of nuclear wastes generated each year. The overall value chain of nuclear waste management is regulated by federal, state regulatory bodies and environmental agencies, which differ from country to country. Many federal and state laws exist for spent fuel and waste disposal to protect the environment and human health.

Growth in the market for nuclear waste management services can be attributed to high focus on increasing energy requirements and achieving power supply targets. The market has received further impetus from rising environmental concerns to reduce harmful emissions. Regulations related to usage of efficient fuels and environmental concerns are building the next wave of nuclear waste management services. These regulations would have a significant impact on the nuclear waste management market in terms of implementation of various planned nuclear projects. Currently, the growth potential for nuclear waste management market is in Europe, followed by Asia Pacific. Both Europe and Asia Pacific have more number of nuclear reactors and thereby, generate significant quantities of nuclear wastes. This factor would drive the market for nuclear waste management in the next few years.

In terms of geography, the nuclear waste management market has been segmented into four regions: North America, Europe, Asia Pacific, and Rest of the World. Europe, held the largest market share (41.3%) followed by Asia Pacific (30.1%) in 2015. Rising awareness about the need for nuclear power and huge investments in nuclear power projects are the primary drivers for the nuclear waste management market in Europe. Shale gas boom in North America has resulted in a switch from nuclear energy to natural gas-based energy. Thus, demand for nuclear waste management services is anticipated to be moderate in North America during the forecast period. China has plans to double its nuclear capacity by 2020. Japan is focusing on decommissioning its nuclear power projects. These factors would drive the demand for nuclear waste management services in Asia Pacific

Rest of the world experienced sluggish growth in 2015. Most of the countries in rest of the world are still developing and are economically unstable. The growth opportunities for the nuclear waste management market in Asia Pacific would exceed than that for the market in Europe by 2024 due to huge investments in planned nuclear power projects.

Nuclear Waste Management Market: By Waste Type

  • Low Level Waste
  • Intermediate Level Waste
  • High Level Waste

Nuclear Waste Management Market: By Nuclear Reactor

  • Boiling Water Reactors
  • Gas Cooled Reactors
  • Pressurized Water Reactors
  • Pressurized Heavy Water Reactors
  • Others

Research Report:http://www.transparencymarketresearch.com/nuclear-waste-management-market.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Zirconium market – projected to scale applications in cladding of nuclear fuel as it does not readily absorb neutrons, Industry insights 2019

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The global zirconium market is recovering from the decline it faced over the last decade. By the end of 2014, the market had indicated a slow but steady growth as the demand is set to stabilize in the future.

The global market for zirconium is analyzed on the basis of its geographical distribution. North America, Europe, Asia Pacific, and the Rest of the World are the key regional markets for zirconium.

The research report provides a comparative analysis of the global zirconium market, including qualitative as well as quantitative evaluation of each segment of this market. The market study also evaluates the market dynamics and prevalent trends such as the growth drivers, limitations, and prospects influencing the current performance and the future status of this industry.

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Overview of the global zirconium market

The performance of the global zirconium market is dependent upon the movement in the ceramic industry, as zirconium derives most of its demand from the global ceramics market. The foundry, refractory, and electronics industries are the other major consumers of zirconium.

Zirconium is a strong, malleable, and ductile metal that possesses extreme resistance to heat and corrosion. This silver-grey metal is derived from mineral zircon sand. Its resistance to absorption of neutrons makes it useful for cladding of nuclear fuel.

In terms of demand, the zirconium market in Asia Pacific led the global zirconium market in 2012. Demand from this region is expected to rise on account of the rising demand from end-use industries such as medical and healthcare, ceramics, and construction. Asian economies such as Japan, China, India, and South Korea are expected to be the major consumers of zirconium during the forecast period.

The zirconium market in North America stood second in 2012. The market in the U.S. is the leading consumer of zirconium in North America, due to rising demand from the nuclear energy and ceramics industries.

The market in Europe held the third position in the global zirconium market. Economies such as Turkey, Spain, and Italy are the key consumers of zirconium in Europe.

Lastly, the market for zirconium in the Rest of the World is expected to exhibit significant potential for growth in the coming years. South Africa dominates the zirconium market in the Rest of the World segment.

Overall, the global zirconium market is set to exhibit steady growth in the future, but the high price of zirconium and the health issues associated with it are expected to create major hindrances for the development of this market.

Companies mentioned in the research report

The global zirconium market is consolidated in nature, with Kenmare Resources, Iluka Resources, Tronox, and Rio-Tinto leading the global market. Other prominent participants of this market are Bemax Resources, Astron, Wah Chang, Smartac Group China Holdings, Exxaro Resources, Richards Bay Minerals, Namakwa Sands, Australian Zircon, Foskor, Alkane Resources, Tosoh, Astron Advanced Materials, EI DuPont de Nemours, Luxfer Group, and Moly.

Major geographies analyzed under this research report are:

  • Europe
  • North America
  • Asia-Pacific
  • Rest of the World

This report gives you access to decisive data such as:

  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for the coming years

Research Report:http://www.transparencymarketresearch.com/zirconium-market.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Nuclear power safety backups – market review 2015/2016 & outlook to 2020

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Rapid rise in the global demand for nuclear power is expected to boost the demand for nuclear power industry and thus nuclear power safety backup market. New programs developed by governments worldwide are estimated to propel the demand for nuclear power industry. Post-Fukushima, several governments have recommended installation of backup generators for nuclear power plants to guard against floods and tsunami. Increasing number of countries worldwide is introducing energy generation from nuclear power plants as a part of their generation mix. This is expected to boost the demand for nuclear power safety backup devices for nuclear power plant in the future.

The market for the global nuclear power plant safety backups can be segmented on the basis of the safety measures and geography. The global market for nuclear power plant safety backups on the basis of safety measures can be segmented as: a robust containment to prevent the release of radioactivity, a combination of active and passive to remove heat from the core of the reactor, and shutdown systems and thus shutdown the reactor safely.

The International Atomic Energy Agency (IAEA) safety standards are likely to fuel an additional demand for nuclear power plant safety backup worldwide. The safety standards establish fundamental safety measures, requirements and principles to control radiation exposure, to restrict the likelihood of events in the future. Moreover, the safety standards fundamental safety measures requirements and principles to control the release of radioactive material to the environment and to mitigate consequences of such events in the future is expected to boost the demand for nuclear power plant safety backups around the world.

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The market for the nuclear power plant safety backup is rising and is expected to rise moderately in the future. The following underlying factors are the key drivers of growth in the global nuclear power plant safety backup market. The increasing share of nuclear power plants in the total power generation mix of the nations are the key drivers of growth in the global nuclear power plant safety backup market. Rapid rise in global demand for energy along with depleting fossil fuels is estimated to propel the demand for nuclear power plant safety backup measures and devices.

Increasing efforts by governments of both developing and developed nations to raise public awareness of safety tests and reassure them of the safety of both existing as well as proposed plants. Deteriorating support for nuclear in the countries (the U.S, Japan, France, Germany) could impede growth in the nuclear industry. However, IAEA’s safety standards are anticipated to boost the global demand for nuclear power plant safety backups.

The global market for nuclear power plant safety backup is expected to rise significantly in the future. North America and Europe are estimated to hold the considerable share of the nuclear power plant safety backup devices and equipments. Asia Pacific is one of the key players in the nuclear power plant backup market. The market is expected to register moderate to high growth in this region on account of increasing demand for nuclear power plants in China, India, and Japan among others.

Some of the key players in this industry segment include: Chubu Electric Power Company, Kansai Electric Power Company, Tohoku Electric Power Company, and Japan Atomic Power Company among others. The responsible agencies for the security of nuclear power plants include: International Atomic Energy Agency (IAEA), the Defense Nuclear Safety Regulator (DNSR), Australian Radiation Protection and Nuclear Safety Agency (ARPANSA), Office for Nuclear Regulation (ONR), and Atomic Energy Regulatory Board (India) among others.

Research Report: http://www.transparencymarketresearch.com/nuclear-power-safety-backups.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Ultraviolet (UV) curable resins market size was estimated to be worth over USD 3.5 billion in 2015 and is expected to exceed USD 8.6 billion by 2023: Global Market Insights Inc.

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 Ultraviolet (UV) curable resins market size was estimated to be worth over USD 3.5 billion in 2015 and is expected to exceed USD 8.6 billion by 2023, growing at a CAGR of more than 9.2% from 2016 to 2023.

China UV curable resins market size dominated APAC demand, and accounted for more than 51% of consumption in 2015 followed by Japan, with 25% in the same year. Rapid industrialization and manufacturing sector growth were among the key factors to drive demand in the region.

North America is expected to grow at a significant rate owing to increase in trend for green technology and growth in the processed food industry. Europe is anticipated to witness moderate growth and coatings & inks are likely to be key applications to drive demand in the region.

Increase in construction spending coupled with need to build sustainable infrastructure is likely to positively influence Middle East & Africa UV curable resins market. Saudi Arabia dominated the regional construction spending at more than USD 1 trillion in 2015.
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Ultraviolet curable resins market size is gaining popularity in various industries owing to its emission-free and high performance properties. This is an emerging technology which is used to cause photo-polymerization in wide range of products such as adhesives, coatings, and inks. Global demand is likely to increase owing to increase in need from various end-user industries including graphic arts, industrial coatings, and electronics.

Applications can be segmented into coatings, adhesives, and inks. Coatings were the dominant application and accounted for more than 60% of the global demand in 2015.

Coatings are further segmented into field and metal coating; field curing includes coating pertaining to wood floor, concrete floor, vinyl floor, tubs, and countertops. Metal industry consists of automotive, coil, and cans. Growth in the automotive and construction industry is expected to drive field and metal coating demand over the forecast period.

Inks mainly consist of packaging usage and are expected to witness considerable growth due to stringent regulations pertaining to printing on food packaging. Growth in the print industry accompanied by increase in trend for 3D printing is likely to create opportunity for UV curable resins market demand.

Adhesives have applications in the automotive and construction industry as they are chemically cured and resistant to chemical corrosion & heat. They are also flexible to rigid bonds which provide strong bonding between materials. China is expected to be key consumer due to automotive industry growth.

On the basis of end-use, the industry can be bifurcated into graphic arts, industrial coatings, and electronics. Industrial coatings demand was dominant, accounting for over 33% of the global share in 2015. Increase in automotive and manufacturing spending coupled with technology innovation is likely to boost growth.

Electronics segment is anticipated to witness notable growth in Asia Pacific owing to increase in manufacturing capacity in the region. Growing need for performance products in order to manufacture electronic equipment is likely to positively influence UV curable resins market demand.

3D printing materials with high flexibility, processability, and stability is likely to create more opportunity in near future. 3D printing materials demand is projected to grow at a rate of over 18% during the forecast period which is likely to make prospect for manufacturers in the future.

Increase in environment regulations in order to control emissions and VOCs in the environment accompanied by rising trend for green technology are among the key driving factors to positively influence UV curable resins market demand. Limited application and high initial investment cost is likely to hamper growth. High competitive price is expected to adversely affect UV curable resin market price trend.

Global UV curable resins market share consists of BASF SE, Allnex Belgium S.A., DSM-AGI, Eternal Materials, Dymax, Miwon Specialty Chemical, Sartomer, IGM., Jiangsu Litian Technology, Jiangsu Sanmu Group, and Hitachi Chemical.
Browse Ultraviolet (UV) Curable Resins Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2016 – 2023report at:https://www.gminsights.com/industry-analysis/ultraviolet-uv-curable-resins-market

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Polyurea market size to exceed $1.59 billion by 2022: Global Market Insights Inc.

Polyurea market size is anticipated to reach USD 1.59 billion by 2022, as per a new research report by Global Market Insights, Inc. Increasing scope in infrastructure applications such as concrete and steel bridges is likely to drive the demand. Growing importance of industrial coatings owing to factors such as flexibility, water proof and low maintenance costs is anticipated to drive market.

Asia Pacific, with China and India polyurea market size dominating regional consumption, accounted for 37.4% of global total volume in 2014. Growing importance of protective coatings for automobile & industrial applications coupled with increased spending in construction sector in countries such as India, China and Indonesia is likely to drive demand.

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Europe polyurea market share is likely to grow at moderate rate of 4.4% up to 2022. Increasing preference over substitutes such as PU (polyurethane) and epoxy owing to its superior advantages over these products is likely to drive demand. Favorable norms from regulatory bodies such as the EPA for its use in concrete coatings owing to non-VOC content are likely to support growth. Lack in product standardization & differentiation may hamper overall industry profitability.

Polyurea coatings market dominated the product segment, accounting for more than 65% of the total demand in 2014 and is likely to grow at highest rates up to 2022. Properties such as high elongation & tensile strength and extreme temperature resistance are likely to increase its demand. Sealants are anticipated to witness below average gains with CAGR of 4.0% from 2015 to 2022.
Browse Polyurea Market Size By Product (Lining, Coating, Sealants), By Raw Material (Aliphatic, Aromatic), By Application (Industrial, Construction, Transportation), Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2015 – 2022 report at:https://www.gminsights.com/industry-analysis/polyurea-market-size
Key report insights suggest:

  • Global polyurea market size was estimated 171.4 kilo tons in 2014 and may register 249.6 kilo tons by 2022 growing with an estimated CAGR of 4.8% from 2015 to 2022.
  • Aromatics such as MDI and aromatic & polyoxypropylene amines dominated the raw material segment. It accounted for 76.9% of the total polyurea market share in 2014 and are likely to witness highest gains.

 

  • Aliphatic polyurea is likely to grow at an estimated CAGR of 5.7% up to 2022.

 

  • Construction applications were dominant and accounted for 42.8% of the total volume in 2014. Industrial applications were the second largest and are likely to witness highest growth rates with an estimated CAGR of 5.2%. These flooring systems are ideal for use in industries such as nuclear power, food & beverages and oil & gas owing to the resistance provided from industrial chemicals & liquids.
  • The global market includes multinationals and domestic manufacturers and is likely to move towards consolidation over the next few years with companies getting involved in mergers & acquisitions. Key manufacturers include BASF, Huntsman, Bayer MaterialScience, PPG Industries and Specialty Products, Inc.

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About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Jack Davis

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1 302-846-7766

Toll Free: 1 888-689-0688

Email: sales@gminsights.com

Web:https://www.gminsights.com

 

Radioactive waste management – drivers, restraints and popular industry trends 2023

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In 2014, the total power generated by these facilities is around 2,364 billion kWh. Nuclear waste management costs around 5% of the total cost of the electricity generated. Nuclear power plants provide around 15% of world’s electricity with more than 430 nuclear power plants operating worldwide to generate electricity and numerous research reactors. There are around 75 new nuclear plants under construction in 15 countries. There are more than 10 countries across the globe that relies on nuclear energy to supply at least one fourth of their total electricity.

There are two sources of nuclear wastes: waste produced from the nuclear power plant as a by-product or from other miscellaneous applications such as research and medicine and contains radioactive material. Nuclear waste is hazardous to most forms of life and is regulated by the government agencies. Most of the fuel used in nuclear power plants consists of small uranium pellets which are stacked inside an alloy fuel and is stored in airtight steel or concrete and steel containers or in steel-lined concrete pools filled with water.

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Nuclear waste is radioactive and hot when it is taken out of the reactor and should be disposed properly to protect human beings as well as environment. Nuclear waste can remain radioactive for a very long time and it is difficult to find a disposal facility for radioactive waste. A disposable facility should be able to contain waste for a long time and is chosen on the bases of type of waste being disposed. Radioactive waste disposal technologies have been evolving and strict environmental protection and population prevention standards are maintained. Due to the complicated regulatory structure for managing nuclear waste, disposing the waste is a complex issue. Despite of the number of time a nuclear fuel is used, it is disposed in a permanent geologic repository. For an integrated used nuclear fuel management program, underground disposal in a specially designed facility is an essential element.

On the basis of types of nuclear waste, the global radioactive waste management market can be segmented into exempt waste (EW), long and intermediate level waste (LILW) and High level waste (HLW). Items that have been in contact with radioactive materials such as tools, gloves, purification filters and personal protective clothing are categorized as low level radioactive waste.

There is approximately 270,000 tons of used fuel. Approximately 90% of used fuel is in storage ponds and the rest in dry storage. Nuclear fuel waste is arising 12,000 tons per year and about 3,000 tons of the waste is reprocessed. In 2010, majority of the nuclear waste was generated from the U.S.; which is about 280,000 tones followed by France which is around 159000 tons and Germany which produced around 45,000 tones.

The Fukushima nuclear accident in Japan has compelled many countries to reduce dependency on nuclear power plants and focus on other sources to produce electricity. Even countries such as Switzerlandand Germany have fixed a timeline for shutdown all of their nuclear plants. Most of the nuclear plants in the world are more than 30 years old. Dismantling a nuclear facility is also a problem for the industry.

Some of the key companies in the global radioactive waste management market include Swedish Nuclear Fuel and Waste Management Company, Ecology Services, Inc., Veolia Environmental Services and Kurion Inc among others.

Research Report:http://www.transparencymarketresearch.com/radioactive-waste-management-market.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Could floating nuclear power stations bring new opportunities for offshore mooring systems market?

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The centuries-long drilling of onshore oil and gas fields has had several far reaching impacts on not just the environment but also on hydrocarbon reserves. This has now prompted companies to turn toward offshore reserves, which lie hundreds of feet under water. That has, in turn, created attractive economic prospects for companies in the global offshore mooring systems market. A recent market research report by Transparency Market Research reckons that the global market for offshore mooring systems will account for US$1.16 bn by 2021. The firm says that the market was worth US$928.3 mn in 2014 and will show a CAGR of 3.6% between 2015 and 2021.

An offshore mooring system enables oil and gas companies to seamlessly conduct operations in the middle of an ocean – almost as if they were on ground. This is done by mooring large floating platforms or ships in deep waters. Where subsea exploration, drilling, or production is required, the role of offshore mooring systems becomes essential.

While the oil and gas sector is the key consumer in the offshore mooring systems market, there’s another sector where new opportunities are emerging on the horizon: nuclear energy generation.

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What’s Prompting the Nuclear Energy Industry to go offshore?

Nuclear power stations built on the ground have been the convention but not without their share of controversies. There are numerous instances across the world where new nuclear projects have been met with fierce opposition. Simply put, most people wouldn’t want a nuclear power station in their backyard. Moreover, nuclear power stations located around a populated area could spell doom in the event of a disaster – be it natural or manmade.

That, and many other drawbacks of on-ground nuclear reactors, has prompted the nuclear engineering community to consider offshore nuclear reactors. That essentially means nuclear reactors that are moored offshore where the waters are thousands of feet deep.

The offshore mooring systems market could use this idea to develop new systems and solutions meant specifically for nuclear reactors. The concept will likely catch on steadily in the years to come because of the following advantages of floating nuclear reactors:

  • Nuclear reactors need an uninterrupted supply of water to keep temperatures under the specified level. That’s much easier and practical when offshore mooring of nuclear power stations enters the picture.
  • With the rapid development of subsea transmission systems in recent years, the power generated by the nuclear reactors can easily be transmitted onshore using a network of undersea cables.
  • What happens when it’s time to decommission the floating nuclear power station? It can simply be towed away to the desired location or decommissioned at sea in compliance with the prevailing safety and environmental mandates.

At a time when finding new onshore sites for nuclear reactors is becoming a process mired in opposition from local communities, environmental activists, and even political parties, offshore mooring systems for nuclear reactors could hold a ready solution. The time has indeed come for companies in the offshore mooring systems market to look beyond the oil and gas industry and capitalize on opportunities elsewhere too.

Research Report: http://www.transparencymarketresearch.com/offshore-mooring-system-market.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Nuclear turbine generator industry to exhibit impressive growth at 12.0% CAGR facilitated by increase in installation of new reactors

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The global demand for energy is anticipated to rise rapidly, spurred by demographic and economic growth. Increasing industrialization in emerging countries such as Brazil, Russia, China, India, and South Africa has further raised the demand for energy. The rapidly rising energy demand and uncertainty of the energy demand and supply met is likely to act as a catalyst for the growth of the nuclear turbine generator market. Fossil fuels are the primary source of power generation and are likely to remain so over the forecast period. However, fossil fuels are also the major and a growing contributor to carbon dioxide emissions.

Nuclear energy is a reliable, safe, clean and competitive energy source. The power generated from nuclear energy is almost free of any greenhouse gas emissions, except for the indirect emission associated with mining, construction, decommissioning and fuel fabrication of the nuclear power plant, and disposal of the waste. Moreover, nuclear power plants are base load power plants that generate dependable power to consistently meet the global demand for energy. The market for the nuclear industry is expected to rise at a significant rate in the future due to the factors mentioned above.

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The burgeoning demand for power, along with the increased need for secure, reliable and emission-free power, propels the demand for nuclear turbine generators. Factors such as environmental concerns in power generation from fossil fuel and rapid rise in the fossil fuel prices are likely to augment demand for nuclear turbine generators globally. Increase in the number of pressurized water reactor (PWR) installations across the world is expected to augment growth in the global nuclear turbine generator market. Albeit, certain challenges involved in operating steam generators, such as stress corrosion cracking, can hamper market growth. Furthermore, anti-nuclear energy policy and the negative public opinion surrounding nuclear power after the Fukushima Daiichi Nuclear Disaster in Japan can pose a threat to the growth of the market. However, high potential of Europe’s nuclear turbine generator market is likely to accelerate market growth.

The global demand for nuclear turbines is driven by the increasing installation of new nuclear reactors worldwide. Presently, there are nearly 435 operable nuclear reactors installed globally with another 71 nuclear reactors under consideration. Increased number of new installations is likely to accelerate the demand for nuclear generators worldwide. The global nuclear turbine generator market is dominated by Europe, followed by Asia Pacific and North America. These regions are estimated to grow at a significant rate during the forecast period. Expected new installations of nuclear turbine generators in Europe, primarily in Russia, are anticipated to drive the nuclear turbine generator market in the region. Asia Pacific is one of the highest growth markets for nuclear turbine generators. Demand for nuclear turbine generators in the region is primarily driven by increasing number of new installations in various countries such as China, India and South Korea.

North America is a key market for nuclear turbine generators. The U.S. accounts for the highest demand for nuclear turbine generators in the region. However, declining gas prices since 2009 have been hampering the economic viability of some of the existing as well as new projects. This is expected to dampen market growth. Nevertheless, consistent efforts by the U.S. government and the industry to expedite the approval process for new plant designs and construction are expected to provide ample growth opportunities in the nuclear turbine generator market in North America.

The global nuclear turbine generator market is consolidated in nature; leading market players adopt the strategy of mergers and acquisitions to grow in the global nuclear turbine generator market. Strategic alliances are likely to allow companies to strengthen market position as well as enhance their nuclear turbine generator offerings to end-users. Key participants in the global nuclear turbine generator market include General Electric, Alstom Power, Westinghouse Electric Company LLC, Doosan Heavy Industries & Construction Co., Ltd., and Toshiba Corporation. The report also profiles market players such as Mitsubishi Heavy Industries, Ltd. (MHI), Bharat Heavy Electricals Limited (BHEL), Hitachi, Ltd., The Babcock & Wilcox Company, and OJSC Power Machines.

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About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

Contacts

Transparency Market Research

Mr. Sudip S, +1-518-618-1030

USA-Canada Toll Free: 866-552-3453

sales@transparencymarketresearch.com

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Global nuclear medicine devices industry 2016: Global QY Research

The recently published report titled Global Nuclear Medicine Devices Industry 2016 Market Research Report is an in depth study providing complete analysis of the industry for the period 2016 – 2021. It provides complete overview of Global Nuclear Medicine Devices market considering all the major industry trends, market dynamics and competitive scenario.

The Global Nuclear Medicine Devices Industry Report 2016 is an in depth study analyzing the current state of the Global Nuclear Medicine Devices market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Global Nuclear Medicine Devices market provides analysis of market covering the industry trends, recent developments in the market and competitive landscape. Competitive analysis includes competitive information of leading players in market, their company profiles, product portfolio, capacity, production, and company financials. In addition, report also provides upstream raw material analysis and downstream demand analysis along with the key development trends and sales channel analysis. Research study on Global Nuclear Medicine Devices market also discusses the opportunity areas for investors.

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With 153 tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

Reasons to Buy this Report

The research report will enrich your decision-making capability by helping you to –
Design and improve your product development and sales strategies and enhancing your marketing activities
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Take more informed business decisions by relying on the insightful opinions from industry experts

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AREVA Med inaugurates Second Lead-212 production facility

AREVA Med has launched operations at its second high-purity lead-212 (212Pb) production facility located in Plano, Texas. Known as the DDPU (Domestic Distribution and Purification Unit), this facility was officially inaugurated this week. Lead-212 is used in Targeted Alpha Therapy (TAT) in an increasing number of innovative studies to target cancer cells, while limiting the impact on nearby healthy cells.
In a centralized modular plant, the DDPU will hold all AREVA Med’s U.S. activities and those of its subsidiary Macrocyclics, the global leader in the design and manufacturing of chelating agents* for nuclear medicine. With brand new equipment, this state-of-the-art facility, which will employ 10 people, is an opportunity for AREVA Med to expand the range and increase the quality of products and services for its American partners and customers. Thanks to this increased production capacity, AREVA Med will accelerate the development of
innovative Targeted Alpha Therapies using lead-212 to combat cancer. Patrick Bourdet, AREVA Med’s CEO said: “Our new modular and unique US plant will allow us to quickly expand our cancer therapy pipeline and increase collaboration within the entire continent.” *A chelating agent is a “molecular cage” used to attach isotopes to biological carriers such as monoclonal antibodies targeting cancer cells.

More information at www.arevamed.com, @AREVAmed

Europe super grid industry 2016 – production (KMT), sales (both volume and value-million USD), market share, consumption, import, export, price(USD/MT),cost, gross margin: Global QY Research

The recently published report titledEurope Super Grid Industry 2016 Market Research Report is an in depth study providing complete analysis of the industry for the period 2016 – 2021. It provides complete overview of Europe Super Grid market considering all the major industry trends, market dynamics and competitive scenario.

The Europe Super Grid Industry Report 2016 is an in depth study analyzing the current state of the Europe Super Grid market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Europe Super Grid market provides analysis of market covering the industry trends, recent developments in the market and competitive landscape. Competitive analysis includes competitive information of leading players in market, their company profiles, product portfolio, capacity, production, and company financials. In addition, report also provides upstream raw material analysis and downstream demand analysis along with the key development trends and sales channel analysis. Research study on Europe Super Grid market also discusses the opportunity areas for investors.

View Report at http://globalqyresearch.com/europe-super-grid-industry-2016

With 153 tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

Reasons to Buy this Report

The research report will enrich your decision-making capability by helping you to –
Design and improve your product development and sales strategies and enhancing your marketing activities
Develop business strategies by understanding the market dynamics and developments driving the Europe Super Grid market
Develop market-entry strategies and effective ways to sustain competition
Create merger and acquisition opportunities by identifying the market players with the most innovative pipelines
Identify the regional market potential which would further help in designing regional market strategies
Understand the competitive scenario in the Europe Super Grid market
Take more informed business decisions by relying on the insightful opinions from industry experts

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L-3 MAPPS to Supply Full Scope CANDU Simulator for Wolsong Unit 1

L-3 MAPPS announced today that it has secured a contract from Korea Hydro & Nuclear Power Co., Ltd. (KHNP) to supply the full scope operator training simulator for the Wolsong Unit 1 (Wolsong 1) nuclear power plant. The project will start immediately, and the simulator is scheduled to be completed in the first quarter of 2018.

“We are grateful to KHNP for this latest opportunity to demonstrate why our nuclear power plant simulators are second to none,” said L-3’s Michael Chatlani, vice president of marketing & sales for L-3 MAPPS Power Systems and Simulation. “In addition to our recent simulator projects at Embalse and Cernavodă, the work on Wolsong 1 further aligns L-3 to offer best-in-class simulator solutions for new CANDU* build programs, especially in Argentina, China and Romania.”

The Wolsong 1 full scope simulator will use L-3’s industry-leading PC/Windows-based graphical simulation tools for the plant models and instructor station. All of the plant systems will be simulated, including the reactor, nuclear steam supply systems, balance of plant systems, electrical systems and I&C systems. The simulator’s models will be developed, validated and maintained in L-3’s Orchid® simulation environment. The plant computer systems, known as Digital Control Computers (DCCs), will be represented by a fully emulated dual DCC that will be integrated in the full scope simulator.The simulator will be equipped with full replica control room panels driven by L-3’s Orchid Input Output software and a new compact input/output system.

The new plant models will also be complemented with severe accident simulation capabilities by including a version of the Modular Accident Analysis Program, known as MAAP4-CANDU**, L-3’s first implementation of severe accident simulation for CANDU plants. The simulator will additionally be equipped with new two-dimensional and three-dimensional animated, interactive visualizations of the reactor vessel and containment building to provide trainees further insight into the behavior of the plant during severe accidents.

KHNP, a subsidiary of Korea Electric Power Corporation (KEPCO), provides about 30 percent of South Korea’s electricity supply, making it the nation’s largest power generation company. It has a total installed capacity of more than 27,000 MW through the operation of 25 nuclear power units, 35 hydropower units, 16 pumped-storage power units and a number of renewable energy facilities.The Wolsong site in Gyeongju, North Gyeongsang Province, houses four 700 MWe class CANDU reactors, Units 1 to 4. The 30-year operating license of Wolsong 1 ended in November 2012. On February 27, 2015, the Nuclear Safety and Security Commission approved a10-year license extension until November 2022 for the refurbished and uprated Wolsong 1 reactor, and the unit returned to service on June 23, 2015. The full scope operator training simulator for Wolsong Units 2, 3 and 4 was supplied by L-3 MAPPS.

L-3 MAPPS has over 30 years of experience in pioneering technological advances in the marine automation field and over 40 years of experience in delivering high-fidelity power plant simulation to leading utilities worldwide. In addition, the company has more than four decades of expertise in supplying plant computer systems for Canadian heavy water reactors. L-3 MAPPS also provides targeted controls and simulation solutions to the space sector. To learn more about L-3 MAPPS, please visit the company’s website at www.L-3com.com/MAPPS.

L-3-MAPPS_Wolsong-Nuclear-Power-Plant

L-3 MAPPS to Upgrade Slovenia’s Krško Full Scope Simulator

L-3 MAPPS announced today that it signed a contract with Slovenia’s Nuklearna elektrarna Krško (NEK)to upgrade the full scope simulator for the Krško Nuclear Power Plant. The simulator upgrade is part of NEK’s Safety Upgrade Program (SUP) to modernize the plant to prevent severe accidents and to mitigate consequences consistent with the nuclear industry’s response after the Fukushima accident. The simulator upgrade project will start immediately and is expected to be in service in the third quarter of 2017.

“It is a privilege to have another opportunity to work with NEK, an innovative company that has always challenged us to push technological boundaries,” said Michael Chatlani, vice president of marketing & sales for L-3 MAPPS Power Systems and Simulation.

“The NEK and L-3 MAPPS teams have worked very well together since the Krško full scope simulator was declared ready for training in 2000,” said Božidar Krajnc, plant engineering director for NEK. “We look forward to implementing this significant simulator upgrade project with L-3 MAPPS, which is an important part of our safety upgrade program.”

The current UNIX operating system-based simulator will be replaced with a virtualized Windows-based platform running L-3’s state-of-the-art Orchid® simulation environment. The virtual machine solution is designed to simplify simulator maintenance and switchover between the main and backup simulations.

The nuclear island and conventional island models will be migrated into Orchid. In addition to various plant model upgrades to reflect plant changes from the SUP, the Electric Power Research Institute’s Modular Accident Analysis Program (MAAP4) will be upgraded to MAAP5*, including the addition of the spent fuel pit model. MAAP is connected to the plant simulation to model postulated severe accidents.

The simulator’s legacy Datapath SC input/output (I/O) system will be replaced with a new compact I/O system driven by L-3’s Orchid Input Output software. The compact I/O solution will also be used to drive a new simulated emergency control room, which is replacing remote shutdown panels spread throughout the plant.

L-3 MAPPS has over 30 years of experience in pioneering technological advances in the marine automation field and over 40 years of experience in delivering high-fidelity power plant simulation to leading utilities worldwide. In addition, the company has more than four decades of expertise in supplying plant computer systems for Canadian heavy water reactors. L-3 MAPPS also provides targeted controls and simulation solutions to the space sector. To learn more about L-3 MAPPS, please visit the company’s website at www.L-3com.com/MAPPS.

L-3-MAPPS_Krško-Nuclear-Power-Plant-Simulator

Analog cameras and microphones connected to a legacy audio/video (A/V) system will be replaced with digital equivalents that are driven by Orchid Multimedia Manager, which is fully synchronized with the simulator’s instructor station, Orchid Instructor Station. The A/V system is used to monitor and record operators during training and to debrief them following training sessions. The upgraded simulator will additionally feature Orchid Sound System to generate control room sounds, including earthquakes.

Nuklearna elektrarna Krško operates the only nuclear power plant in Slovenia. The Krško Nuclear Power Plant, located in Vrbina in the Municipality of Krško, is equipped with a Westinghouse two-loop pressurized water reactor and has a net electrical output of 696 MWe. It is connected to the 400 kV grid, supplying power to consumer centers in Slovenia and Croatia. The plant went into commercial operation on January 1, 1983 and supplies approximately 40 percent of the total electricity produced in Slovenia. Its simulator, put into service on March 31, 2000, is primarily used to train and license main control room operators in the safe and efficient operation of the plant.

L-3 MAPPS has over 30 years of experience in pioneering technological advances in the marine automation field and over 40 years of experience in delivering high-fidelity power plant simulation to leading utilities worldwide. In addition, the company has more than four decades of expertise in supplying plant computer systems for Canadian heavy water reactors. L-3 MAPPS also provides targeted controls and simulation solutions to the space sector. To learn more about L-3 MAPPS, please visit the company’s website at www.L-3com.com/MAPPS.

 

Spent nuclear fuel (SNF) dry storage casks – things to watch out by 2019

A surge of shutdowns may be observed in the future for most of the ageing nuclear reactors in the world. These reactors which have supplied power to millions of homes in the past have always faced hurdles in terms of public acceptance. With most nuclear plant owners unwilling to dish out extra millions for renovation of their old plants, gradual shutdowns are imminent. With the Fukishima disaster in Japan involving an old boiling water reactor built in the 70’s, the public sentiment towards the old nuclear plants is likely to deteriorate. The major issue closely linked with decommissioning these old nuclear power plants is the efficient and safe disposal of nuclear waste. Decommissioning costs of nuclear plants are extremely high, going up to nearly a billion dollars for larger plants. Efficient storage of nuclear waste will occupy a majority portion of these costs. Radioactive half-life of wastes ranges up to 16 million years while they remain hazardous for much longer. Storage of such nuclear spent fuel (NSF) will ultimately spark the demand for dry storage casks.

Dry storage casks are generally the most viable method of storing high level nuclear waste which has been cooled down to manageable levels. Cooling of spent fuel requires over a year and sometimes nearly 8 years bringing down to manageable temperatures. Concrete or steel are the major materials used for making these casks, which are able to withstand the harshest of temperature and weather conditions without damage. Not only do inert gases surround and insulate the spent fuel rods in these containers, concrete layers are also present to provide additional radiation shielding to waste handling personnel.

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These NSF dry storage casks should be transportable as well, a feature which is incorporated into them during manufacturing. With a majority of the old nuclear power reactors going for decommissioning, thus approaching their wet pool storage limit for NSF, dry cask demand is likely to increase significantly in the future.

The market for these NSF dry cask storages is likely to be driven by certain countries. Japan with its decision to decommission existing nuclear reactors and move towards a renewable oriented generation mix can be a potential market. While other countries have not decided yet to walk on Japan’s path, long lasting effects of the Fukishima disaster are imminent. Decommissioning of old reactors might be the general public and regulatory sentiment in many countries, to be replaced by newer and more efficient power plants. A major requirement of such dry storage casks may be observed from the North American region, with both the U.S. and Canada deciding to shut down and replace a number of their old reactors.

In the European market, Germany and Russia are likely to be strong demand drivers for such dry storage casks. Strong R&D is likely to be required by the manufacturers of these casks to ensure leak free storage of such wastes in nuclear storage repositories. As the requirement for newer and safer repositories increase to dispose of the nuclear wastes, quality improvements in the casks will become necessary. Major emerging markets are likely to be observed in the North American and Asia Pacific regions. Some of the market players involved in the business of manufacturing SNF dry storage casks are Skoda JS A.S., NAC International, Holtec International and Areva among others.

Research Report: http://www.transparencymarketresearch.com/snf-dry-storage-casks.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

Contacts

Transparency Market Research
Mr. Sudip S, +1-518-618-1030
USA-Canada Toll Free: 866-552-3453
sales@transparencymarketresearch.com
http://www.transparencymarketresearch.com/

Nuclear power equipment market to be driven by rising demand for cleaner energy sources

The global market for nuclear power plant equipment is the focus of study of a new market research report by Transparency Market Research. The report presents pin-point analysis of the major factors that will drive demand from and restrain growth of the market and the major trends that define consumer preferences, and projects the impact of these factors on the market’s future growth prospects.

The report is titled “Nuclear Power Plant Equipments Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast 2015 – 2023.”

The report states that factors such as the continuously rising global demand for energy and the rising preference for switching to cleaner sources of power will prove to be major driving forces for the global nuclear power plant equipment market over the report’s forecast period. As the popularity of nuclear power generation increases, nuclear power is expected to gain a much stronger position in the global energy mix in the near future. The nuclear power generation market is expected to see the addition of significant new nuclear power generation capacities, leading to an increased demand for a variety of nuclear power plant equipment over the report’s forecast period.

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Nearly 20 countries across the globe currently harness nuclear power, with about 10 of these aggressively pursuing nuclear power generation as an integral part of their energy mix.

The market for nuclear power equipment is projected to face uncertainties in terms of demand from certain countries over the report’s forecast period. This is the result of the recent nuclear power plant disaster in Fukushima, Japan. On one hand, events like this can trigger negative sentiments about the technology and can lead to a slowdown in the commissioning of power plants. But on the other hand, the event could also lead to the decommissioning of outdated nuclear power plants and the installation of new plants with multiple safety backups and advanced technologies.

Redevelopment of old plants can provide a significant boost to the global demand for nuclear power equipment over the report’s forecast period.

The report also presents a comprehensive overview of the competitive landscape of the global nuclear power equipment market with the help of detailed business profiles, SWOT analysis, and data about recent developments in technology, Porter’s five forces analysis, inputs from industry experts, and other details pertaining to some of the major vendors in the market. Major vendors in the market profiled in the report include Larsen & Toubro Ltd., Dongfang Electric Corporation Ltd., Mitsubishi Heavy Industries Ltd., and Alstom SA.

Research Report: http://www.transparencymarketresearch.com/nuclear-power-plant-equipments.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

Contacts

Transparency Market Research

Mr. Sudip S, +1-518-618-1030

USA-Canada Toll Free: 866-552-3453

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http://www.transparencymarketresearch.com/

Nuclear reactor construction – global markets, opportunities and forecasts 2023

Nuclear reactor is utilized for generating electricity in power plants. The energy produced from the continuous fission of atoms in nuclear reactor is harnessed as heat and is further utilized to produce steam. The steam is utilized to drive the turbines which then generate electricity. Power produced through nuclear reactors accounts for a reasonable share of the total electricity produced across the globe. In nuclear power plants, no combustion of any material takes place and no harmful gas is produced such as carbon dioxide or carbon monoxide, which pollutes the environment.

Currently, there are more than 400 nuclear power reactors operating in the world. In the year 2012 they contributed around 2600 billion kWh, about 12% of the total electricity produced in the world. At present, more than 70 power reactors are being constructed in numerous countries such as Russia, China and South Korea. Each year, the International Energy Agency sets out the target for carbon reduction. After the Fukushima accident, the World Energy Outlook 2011 has laid down certain policies to increase nuclear capacity by 2035. Although the prospects for nuclear power are weaker in certain regions than projected, nuclear power continues to play a key role in providing base-load electricity. Numerous OECD and non-OECD countries are expected to install extra nuclear power plants, though there may be some delays in terms of safety standards as existing and new power plants are reviewed. Worldwide, nuclear power capacity is estimated to rise in the new policy scenario. In the current scenario, IEA projects the share of coal in total electricity to decrease from 40% to 30% by 2035.

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It is notable that in the last decade, more than 200 power reactors started up with an average of one in every 20 days. These included 45 in the U.S., 40 in France and 20 in Japan. However, with India and China getting up to speed its nuclear energy, world energy demand is expected to double by 2020. Increase in nuclear capacity in various countries is resulting from the up gradation of its existing nuclear plants. This is a highly cost effective way of increasing its capacity. Numerous power reactors in countries such as Belgium, Germany and Sweden have increased their generating capacity.

On an average, nuclear power plants had a life of 20 to 30 years, but some assessments have established that they can operate for many more years. In U.S, more than 60 reactors have been granted license to extend their operating lives from 30 out to 50 years. The economic and technical feasibility of replacing important reactor components, such as steam generators and pressure tubes in heavy water reactors has been demonstrated successfully.

On the other side, regulatory, political and economic considerations have led to the closure of some power reactors before their life span, especially in the U.S, where reactor numbers have decreased from 125 to 1117. Growing population and emerging economies are some of the key drivers of the nuclear reactor market. However, difficulty in procuring raw material for generating nuclear energy can hamper the growth of the market. Large amount of opportunities are there for nuclear reactor market as demand for electricity is increasing at a rapid rate in Asia Pacific countries such as India and China.

Some of the key companies in the business of Nuclear Reactor Construction are The Babcock & Wilcox Company, Southern Company, Westinghouse Electric Company LLC, TerraPower LLC, AREVA Group, Florida Power & Light Company among others.

Research Report: http://www.transparencymarketresearch.com/nuclear-reactor-construction-market.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

Contacts

Transparency Market Research
Mr. Sudip S, +1-518-618-1030
USA-Canada Toll Free: 866-552-3453
sales@transparencymarketresearch.com
http://www.transparencymarketresearch.com/

United States: AREVA Awarded two contracts to supply used fuel storage solutions

AREVA TN, an AREVA subsidiary, has recently signed two long-term contracts worth more than $200 million (approximately 184 million euros) with U.S. utilities for the supply of used fuel storage solutions.

Under these agreements, AREVA will supply its NUHOMS® dry-shielded canisters, designed to store fuel assemblies from pressurized water reactors, including high-burnup, short-cooled fuel. The company will also supply the NUHOMS® horizontal storage system which will house the canisters on the customers’ sites.

The system’s robust design offers industry-best earthquake resistance thanks to its side-by-side concrete structures. “AREVA has built long-term customer relationships based on the strong performance and the safety track-record of our technologies,” said Benoît Fichefeux, Director of AREVA TN. “We continue to develop innovative and costeffective solutions for our customers while maintaining the highest level of safety in our operations.”

Present in over 30 countries, AREVA TN is a market leader in transportation and used fuel storage solutions. In the United States, nearly 1,000 used fuel canisters are currently loaded at over 30 sites, more than any other supplier in the country

For more information please visit: www.areva.com

Membrane bioreactor (MBR) systems market driven by demand for clean and fresh water

The market research report, titled ‘Membrane Bioreactor (MBR) Systems Market – Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2012 – 2019’, published by Transparency Market Research identifies the market drivers as well as the restraining factors acting on the membrane bioreactor (MBR) systems market. Through effective value chain analysis of MBR systems, the research data in the report is presented to analyze and forecast the market revenue of MBR systems in the global market. According to the publication, the global membrane bioreactor systems market is growing at a CAGR of 14.5% from 2013 to 2019. The market stood at US$963.8 million in 2012 and is further expected to grow and reach a value of US$2,506.1 million by the end of 2019.

The growing demand for clean water is the primary growth driver as described in the study report. MBRs are typically employed for large-scale water purification systems. Stringent government regulations regarding the quality and purity of water are rapidly growing in prominence to become an important factor for growth of the MBR systems market. In addition, growing concerns about the quality of drinking water and growing regulatory restrictions on affluent discharge from all commercial areas and industries are majorly driving the demand for MBR systems across the globe. TMR analysts explain that the rising concern for the declining global reserves of fresh water is also highlighting the need for membrane bioreactor systems.  Membrane bioreactors (MBR) are a new yet rapidly maturing technology in the area of wastewater treatment. MBR systems have gradually replaced the conventional activated sludge (CAS) systems in the global market. MBR systems are effective in settling the activated sludge used in secondary clarifiers and thus their demand is significant in industrial and commercial areas of applications.

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The report elucidates the bioreactor systems market with an analysis of various market opportunities, trends, and application segments. The two largest application segments of the global MBR systems market are municipal wastewater treatment and industrial treatment. Municipal wastewater treatment was the dominant segment in the market. Growth of this market segment is expected to continue throughout the forecast period. It will register a CAGR of 21.7% in terms of volume. The study report also covers some of the major trends in the MBR systems market. One of the main methods is the automation technique, which directly increases the operational efficiency of the process. Another factor propelling the MBR systems market is the steady rise in prices due to rapid adoption of MBR systems for generating clean water in various countries.  According to the report’s geographical analysis, Asia Pacific is anticipated to have the highest demand for MBR systems in the global market. The region accounted for 39% of the market in 2012, followed by Europe’s 19% share in the MBR systems market. TMR analysts also predict that Brazil and China are expected to show the fastest growth rates in the MBR systems market in the coming years.

MBR Systems Market: Application Analysis

  • Municipal Wastewater Treatment
  • Industrial Wastewater Treatment

MBR Systems Market: Product Segment Analysis

  • Hollow Fiber
  • Flat Sheet
  • Multi-tubular

MBR Systems Market: Configuration Analysis

  • Submerged
  • Side Stream

MBR Systems Market: Regional Analysis

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • RoW (Rest of the World)
  • Middle East
  • Brazil

Research PR: http://www.transparencymarketresearch.com/pressrelease/membrane-bioreactor-mbr-market.htm

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

Contacts

Transparency Market Research

Mr. Sudip S, +1-518-618-1030

USA-Canada Toll Free: 866-552-3453

sales@transparencymarketresearch.com

http://www.transparencymarketresearch.com/

Industrial boilers market in the U.S. to reach US$515.22 million in revenue by 2023: TMR

Transparency Market Research has released a new, market report titled Industrial Boilers Market – U.S Industry Analysis, Size, Share, Growth Trends, and Forecast 2015 – 2023”. According to this report, the U.S. industrial boilers market revenue stood at US$382.37 million in 2014 and is projected to reach US$515.22 million by 2023 at a CAGR of 3.35% from 2015 to 2023.

Boilers are closed vessels used for generation of steam by supplying heat energy to water. Various kinds of energy sources such as fossil fuels, nuclear fuel, biomass, and solar energy are used to generate steam. Industrial boilers are widely used in the processing, mining, manufacturing, refining, and other industries to provide hot water, steam, and/or electricity. Deaerators, packaging, safety valves, Superheater, and water treaters are some of the features and accessories to be considered before opting for an industrial boiler. Industrial boilers are used for generation of high pressure steam for industrial processes. For example, they are used in the chemical, paper, petroleum products, food, and metal industries. Electric utility boilers are not included in industrial boilers as these do not provide the same service. The primary function of electric utility boilers is to produce electricity at the generating station, with capacity of more than 25 MW.  There is no regulatory definition or definite size requirement for industrial boilers in the U.S. The size of installed boilers in various industries ranges from less than 10 MM BTU (million British thermal units) to more than 250 MM BTU. The Environmental Protection Agency (EPA) regulates the emission norms for industrial boilers.

The U.S. industrial boilers market has been segmented, by region, into South Atlantic, West North Central, West South Central, Pacific States, Mountain States, North East, East North Central, and East South Central. The U.S. industrial boilers market is further segment by capacity into 0-300 BHP and 301-600 BHP.

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East North Central was the largest market for industrial boilers in the U.S., accounting for 37.94% of the market in 2014. Michigan was the leader in terms of revenue realization from industrial boilers, followed by Illinois and Wisconsin in 2014. West South Central was the second-largest market for industrial boilers in 2014. Texas spearheads the industrial boilers market in West South Central with growth in manufacturing output, well-structured policies, and large funding for market development. South Atlantic was the third-largest market for industrial boilers, in terms of market share, in 2014. North Carolina and South Carolina were the leading states with highest revenue realization from industrial boilers in 2014. The market in North East and West North Central is expected to witness significant growth in the near future, with increase in manufacturing output and upcoming industries.

Some of the key manufacturers of utility and industrial boilers are Johnston Boiler Company, Fulton Boiler Works, Inc., Columbia Boiler Company, Clayton Industries Inc., Hurst Boiler & Welding Company, Inc., P.M. Lattner Manufacturing Company, Le Groupe Simoneau Inc., Williams & Davis Boilers, Inc., Calderas Powermaster, PARKER BOILER COMPANY, Sioux Corporation, Acme Engineering Prod. Ltd., Easco Boiler Corp., Cleaver-Brooks, Inc., Superior Boiler Works, Inc., Unilux Advanced Manufacturing LLC, Bryan Steam LLC, York-Shipley Global, and Vapor Power International, LLC.

The U.S. industrial boilers market has been segmented as follows:

U.S Industrial Boilers Market: By Region

  • South Atlantic
  • West North Central
  • West South Central
  • Pacific States
  • Mountain States
  • North East
  • East North Central
  • East South Central

U.S Industrial Boilers Market: By Capacity

  • Up to 300 BHP
  • 10-150 BHP
  • 151-300 BHP
  • 300–600 BHP

Research PR: http://www.transparencymarketresearch.com/pressrelease/us-industrial-boilers-market.htm

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