Nuclear Power in the US
The Nuclear Power industry has contracted due to lack luster electricity demand and slow electricity price growth. Electricity is a necessity for consumers and businesses, resulting in stable demand for industry operators; however, nuclear power generation has grown sluggishly due to growing public concerns regarding nuclear safety. Public concerns regarding nuclear safety have grown over the past several years, mostly due to the 2011 Fukushima Daiichi disaster in Japan. Therefore, nuclear capacity additions slowed and facilities steadily closed. Over the five years to 2022, the Nuclear Power industry is anticipated to grow slowly as electric power consumption rises alongside electricity prices. Industrial production is also projected to increase. Nevertheless, nuclear power generation is expected to fall, as the Electric Power Transmission industry increasingly looks to different fuels to source electricity.
This industry consists of companies that operate nuclear-powered, electricity generation plants. The power plants use nuclear fuel to generate steam, which in turn is used to power turbines that generate electric power. The electricity reaches end users via transmission or distribution systems. This industry excludes government-owned nuclear facilities.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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