Nuclear Power Market in United Kingdom

The nuclear power industry in the United Kingdom generates about sixth of the country’s electricity. As of now, United Kingdom operates 19 nuclear reactors at 10 plants, as well as a nuclear reprocessing plant at Sellafield. Recently, the government has decided to increase the nuclear capacity of the country for civilian nuclear use as the domestic oil and gas reserves are depleting fast. Nuclear power is seen as a form of power with low carbon emissions that is safe and dependable to use. There is no change in the stance taken by the UK on nuclear energy post–Fukushima.

The UK has made it clear that it does not intend bring in any amendments after the events at Fukushima. The Chief Inspector of Nuclear installations highlighted the improbability of seismic activity in the UK and made a further 26 recommendations for the UK on nuclear safety. The UK government also ordered a review of its nuclear policy following Fukushima. A new planning regime was proposed to aid the installation of nuclear reactors as well as other significant new infrastructure projects such as railways, large wind farms, reservoirs, harbors, airports and sewage treatment works.

The UK has a large variety of different intermediate- and high-level radioactive wastes, coming from national programs to develop nuclear weapons and nuclear power. It is a national responsibility to pay for the management of these. In addition, new nuclear power stations could be built, the waste management from which would be the private sector's financial responsibility, although all would be stored in a single facility. Most of the UK's higher-activity radioactive waste is currently held in temporary storage at Sellafield.

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

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

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 United Kingdom 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 UK nuclear power industry through a market profile, industry statistics, installed capacity and generation analysis, the impact of the Fukushima nuclear disaster, nuclear reactor technology, operating and upcoming nuclear reactors in the country, regulatory framework, how favorable the country's nuclear power industry is for doing business, a look at R&D in the industry, and industry competition.

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 the UK is in depth-study of the UK 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 UK nuclear power industry.