Nuclear Power Market in Turkey

Turkey currently has no nuclear plant and is very keen on having one soon. Recent developments have seen Russia take a leading role in offering to finance and build 4800 MWe of nuclear capacity. Application has been made for construction and operating licenses for the first plant, at Akkuyu.

With the rise in demand for electricity, the Turkish government said that it planned to have three nuclear power plants of total 4500 MWe operating by 2012-15. Discussions had been under way with Atomic Energy of Canada Ltd regarding two 750 MWe CANDU units as an initial investment. These and the PWR type were apparently preferred. The first units of some 5000 MWe total were to be built at Akkuyu, since the site was already licensed, but licensing was also proceeding for Sinop. In May 2008 a civil nuclear cooperation agreement with the USA entered into force, and in June 2010 a nuclear cooperation agreement with South Korea was signed.

There are proposals to build further nuclear capacity at another site, as part of 100 GWe required by 2030. Reports suggest that TAEK has identified Igneada on the Black Sea, 12 km from the Bulgarian border, as a third nuclear power plant site. Ankara - with low seismic risk - and Tekirdag on the northwest coast of the Sea of Marmara have also been mentioned as possible sites.

In this industry scenario, Taiyou Research analyzes the Nuclear Power Market in Turkey.

Divided into five chapters, this in-depth research offering from Taiyou Research is a complete analysis of the nuclear power market in Turkey.

The report deals with an overview of the global power market which is consistently rising due to rapid industrialization resulting in ever increasing demand for power. 66% of global power market is dominated by thermal power sources viz. coal and petroleum but stringent emission norms and depletion of sources is driving global attention towards renewable technology and nuclear power with a 7.5% market share is going to play a major role in future.

In spite of the Chernobyl disaster and the more recent Fukushima setback, the global installed nuclear capacity is likely to increase at a CAGR of nearly 4% and nuclear generation at a CAGR of 3.9% during 2011-2020. In comparison to other technologies the nuclear power has a nominal impact on greenhouse gas emission.

Chapter 1: Introduction to Nuclear Power covers the following:

• An industry definition and an overview of nuclear power.
• Present-day use of nuclear power and looking at why we need nuclear power?
• We look at the various reasons why the world needs nuclear power, such as the rising energy demand in the world, the global power situation, environmental impact of nuclear, and many others.
• An in-depth comparison is carried out of nuclear power and other power generating technologies such as gas and coal.

Chapter 2: Analysis of the Global Nuclear Power Industry covers the following:

• An analysis of the global nuclear power industry through a market profile, market statistics, industry value and volume analysis, industry capacity and generation analysis, and much more.
• We carry out region-wise industry segmentation, and also analyze the technological trends in the industry and an industry outlook.
• We carry out an analysis of the global nuclear power industry in a Porter's Five Forces Framework. We look at the global nuclear power industry by taking nuclear energy providers as key market players. The section analyzes the forces driving competition in the industry viz. buyer power, supplier power, new entrants, substitutes and rivalry amongst major players in the industry.
• A brief profile of the emerging nuclear power markets sums up this chapter.

Chapter 3: Nuclear Power in Turkey covers the following:

• An analysis of the nuclear power industry in Europe through a market profile, industry statistics, industry value & volume analysis, industry capacity and generation analysis, and a country-wise segmentation of the industry.
• We analyze the Turkish nuclear power industry through a market profile, industry statistics, the impact of the Fukushima nuclear disaster, nuclear reactor technology, operating and upcoming nuclear reactors in the country, regulatory framework, and a look at R&D in the industry.

Chapter 4: Analysis of Major Global Players is an in-depth study of the major players in the global nuclear power industry with special emphasis on company overview, business analysis and a SWOT analysis of the key players. We include an analysis of nearly 15 players in the industry.

Concluding with Chapter 5, we include an appendix, a glossary of terms, and a research methodology.

Overall, Taiyou Research’s report on the nuclear power market in Turkey is in depth-study of the Turkish nuclear power market.

Taiyou Research’s report makes an intensive study of the installed capacity and generation, nuclear facilities and region, regulatory policies and framework, major players and competitive scenario with business viability of the Turkish nuclear power industry.