Nuclear Power Market, By Reactor Type (Pressurized Water Reactor and Pressurized Heavy Water Reactor, Boiling Water Reactor, High-temperature Gas-cooled Reactor, Liquid Metal Fast Breeder Reactor, and Other Reactor Types), By Application (Energy , Defence, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : May 2024

Code : CMI5063

Pages :135

Formats :

Excel and PDF

Industry : Energy

Market Concentration and Competitive Landscape

Nuclear Power Market Concentration By Players

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Environmental Concerns and Climate Change Goals

Around the world, more countries are prioritizing climate change mitigation and setting ambitious renewable energy targets. Nuclear power produces zero direct carbon emissions and can be an important tool for lowering the carbon footprint of power sectors. The scientific consensus is clear that ust rapidly reduce global greenhouse gas emissions to avoid the worst impacts of climate change. Many analyses show that deep decarbonization goals will be extremely difficult to achieve without continued use and expansion of nuclear energy. Advanced economies in Europe and North America have pledged to become carbon neutral by 2050, which will require electrifying services like transportation, heating, and industries currently powered by fossil fuels. The massive amounts of low-carbon electricity needed can be generated through scaling up nuclear alongside renewable sources. Younger generations are also increasingly environmentally conscious and recognizing nuclear's benefits for slowing climate change. More policymakers and the public may grow to accept nuclear power as critical for transitioning to sustainable energy systems that protect the planet for future generations.

Key Players Insights