Latest Breaking News On - Nuclear facilities entails severe disruptions - Page 1 : comparemela.com

Share this article Share this article ResearchAndMarkets.com s offering. Over 319 Reactors Worldwide Are Aged Over 30 Years. The Higher Maintenance Load Sends Nuclear Decommissioning Services on an Accelerated Path to Growth at 5.9% The global market for Nuclear Decommissioning Services is projected to reach US$7.9 billion by the year 2027, trailing a post COVID-19 CAGR of 5.9%, over the analysis period 2020 through2027. The world can never put behind the 2011 Fukushima nuclear disaster. A dangerous mix of challenges currently confronts the nuclear power industry. Stiff competition from low-cost natural gas; increased focus on cost cutting; reduced emphasis on safety, represent a lethal cocktail of trends in the industry. To ensure continued operation, reactor owners now need to take proactive measures in preventing aging-related failures. Intensive monitoring and preventive maintenance needed by aging reactors is expected to push up demand for nuclear decommissioning services.

United statesUnited kingdomSouth africaSaudi arabiaSoutheast asiaLaura woodImpact on nuclear decommissioning services marketContractors ltdHigher maintenance load sends nuclear decommissioning servicesNuclear facilities for radiological safetyNuclear decommissioning service marketDominating service type in nuclear decommissioning marketSafe energy sourceBabcock international groupHigh capital intensiveness of nuclear power plantsWestinghouse electric corporation