Companies in this industry operate nuclear power generation plants that provide electricity to transmission and distribution systems. Major companies include US utilities Entergy, Exelon, and STP Nuclear, as well as AREVA and Electricité de France (both based in France).
Demand is driven by commercial, government, and residential needs for electricity, which are influenced by economic conditions and population growth. The profitability of individual companies depends on managing costs related to regulations and fuel. Large companies have economies of scale in purchasing and administration. Smaller companies can compete effectively by serving areas with high demand. The US industry is highly concentrated: the top eight companies account for about 80% of revenue.
PRODUCTS, OPERATIONS & TECHNOLOGY
Nuclear fission is used to generate electricity. The US has about 60 nuclear plants, consisting of some 100 reactors, that generate about 20% of the nation's power. The average plant generates about 12 billion kilowatt hours (kWh) per year.