Other Prominent Vendors in the market are: Atomic Energy of Canada, Electrobras Electronulcear, GE Hitachi, Mitsubishi, and Rosatom.
Commenting on the report, an analyst said: “Post the Fukushima disaster, safety measures are a major concern for countries. The nuclear reactors are regularly examined to ensure maximum safety. The reactors that are being developed are technologically advanced, and emphasize on simpler device and fuel efficiency. Apart from this, these reactors would enable the plant to survive potential accidents with minimum human intervention.”
According to the report, deployment of renewable energy such as the wind and solar is suitable for generating clean power with no depletion of fossil fuel reserves. Subsidies and government incentives have made these technologies affordable than before. However, harnessing these sources cannot be a reliable option to meet the growing power demand. Both solar and wind energy are intermittent in nature and are not suited for meeting large-scale and continuous power demand.
Further, the report states that development of safe and protected storage facilities and procedures is a major difficulty facing the nuclear power market in the BRIC countries.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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Source: ASDReports - Market Research
Date: Oct 27, 2015