nuclear reactor decommissioning industry - global market ... · nuclear reactor decommissioning...

GDNE0063MAR / Published JUN 2012 Nuclear Reactor Decommissioning Industry - Global Market Size

and Competitive Landscape Analysis to 2030 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form

Nuclear Reactor Decommissioning Industry - Global Market Size and Competitive Landscape Analysis to 2030

Reference Code: GDNE0063MAR Publication Date: June 2012

The Global Nuclear Decommissioning Industry is Expected to Witness Significant Plant Shut Downs by 2030

Globally, more than 200 nuclear reactors, which comprise about half of the world’s currently operating nuclear reactors, are expected to be shut down by 2030, presuming that no further life extensions are granted. This will create a significant market for the commercial nuclear reactor decommissioning industry over the course of the years ahead. The year 2019 is expected to see the highest number of reactor units being shut down, with XX reactors, followed by 2025 and 2016, with XX and XX nuclear reactors respectively, scheduled to be shut down (shown in below mentioned Figure). The decommissioning market’s total value between 2012 and 2030 is expected to be $XXm.

In light of the Fukushima disaster, many countries have become cautious about extending the lives of their nuclear reactors for reasons of safety and security. Moreover, the incident has led to changes in nuclear policies in countries such as Italy, Belgium, Germany, and Switzerland. Germany, Belgium, and Switzerland have decided to remove nuclear energy from their energy mix, while in Italy’s case, reintroducing nuclear power has been completely banned.

Nuclear Reactors Expected to be Shutdown, (Units), Global, 2012-2030

2012 2020 2030Expected Shutdown Year

Num

ber o

f Rea

ctor

s E

xpec

ted

to b

e Sh

utdo

wn(

Uni

ts)

Source: GlobalData

Europe is the Biggest Decommissioning Market for Commercial Nuclear Reactors

Of all the global regions, the European region is the biggest decommissioning market for nuclear reactors, accounting for nearly XX% of the global market in terms of the number of reactors to be decommissioned. There are more than XX reactors expected to go through the decommissioning process between 2012 and 2030, with the total decommissioning market value for these reactors standing at $XXm. This figure is due to the large number of reactors to be shut down either due to them having reached the end of their life spans or because of forced/prior shut down plans. France, the UK, and Russia have the highest decommissioning market, as of January 2012, with market values of $XXm, $XXm, and $XXm, respectively. In light of the Fukushima disaster, countries such as Germany, Belgium, and Switzerland have decided to phase out nuclear power. Nuclear power will come to an end in both Germany and Belgium by 2030, while Switzerland is expected to be nuclear free by 2034.

Asia-Pacific has the second highest nuclear decommissioning market in the world, with a market value of $XXm. The countries that are expected to witness decommissioning between 2012 and 2030 are Japan, South Korea and India. The North American region, meanwhile, has the smallest decommissioning market, with a market value of $XXm. Canada and the US are the only two countries where decommissioning is expected in the region, with XX and XX nuclear reactors, respectively. In the US, XX nuclear reactors were granted life extensions of 20 years and further extensions are expected in the future, due to which there are only XX nuclear reactors due to undergo decommissioning between 2012 and 2030.

Regulatory and Technical Challenges are the Major Barriers in the Decommissioning Market

Although the global commercial nuclear reactor decommissioning market presents enormous opportunities to various players in the decommissioning industry, it has high barriers to entry. The stringent regulatory standards and compliances, and the need to deal with high levels of radioactive waste are the key challenges in the industry. The need to formulate cost effective strategies while complying with the regulatory issues is the other critical challenge involved in entering into the decommissioning market.



1 Table of Contents 1 Table of Contents ............................................................................................................................ 2

1.1 List of Tables............................................................................................................................. 4 1.2 List of Figures............................................................................................................................ 5

2 Introduction ..................................................................................................................................... 6 2.1 Nuclear Reactor Decommissioning Activity: Overview................................................................. 6 2.2 GlobalData Report Guidance ..................................................................................................... 7

3 Global Nuclear Reactor Decommissioning Industry........................................................................... 8 3.1 Global Nuclear Reactor Decommissioning Industry, Market Overview ......................................... 8

3.1.1 Nuclear Reactor Decommissioning Market, Global, Reactors Undergoing Decommissioning (Units), 2012..................................................................................................................... 8

3.1.2 Nuclear Reactor Decommissioning Market, Global, Expected Decommissioning Reactors (Units), 2012-2030.......................................................................................................... 10

3.1.3 Nuclear Reactor Decommissioning Market, Global, Expected Decommissioning Market Value ($m), 2012-2030 ................................................................................................... 12

3.2 Nuclear Reactor Decommissioning Policies and Strategies....................................................... 15 3.2.1 Immediate dismantling .................................................................................................... 15 3.2.2 Deferred dismantling....................................................................................................... 15 3.2.3 Entombment................................................................................................................... 15

3.3 Nuclear Reactor Decommissioning Market, Cost Drivers .......................................................... 16 3.3.1 Scope of Decommissioning Projects................................................................................ 16 3.3.2 Regulatory Standards ..................................................................................................... 16 3.3.3 Site Conditions ............................................................................................................... 16 3.3.4 Radioactive Waste Disposal............................................................................................ 16

3.4 Nuclear Reactor Decommissioning Market, Challenges ............................................................ 17 3.4.1 Technical Challenges...................................................................................................... 17 3.4.2 Regulatory Challenges.................................................................................................... 17 3.4.3 Operational Challenges................................................................................................... 18 3.4.4 Financial Challenges....................................................................................................... 18

3.5 Nuclear Reactor Decommissioning Market, Past Experiences................................................... 18 3.5.1 Decommissioning Experience in Germany....................................................................... 18 3.5.2 Decommissioning Experience in the US .......................................................................... 19 3.5.3 Decommissioning Experience in the UK .......................................................................... 19 3.5.4 Decommissioning Experience in the France .................................................................... 20

4 Key Countries Analysis - Nuclear Reactor Decommissioning Market to 2030................................... 21 4.1 Nuclear Reactor Decommissioning Market, Asia-Pacific, 2012-2030 ......................................... 21

4.1.1 Nuclear Reactor Decommissioning Market, South Korea, 2012-2030 ............................... 22 4.1.2 Nuclear Reactor Decommissioning Market, Japan, 2012-2030 ......................................... 24 4.1.3 Nuclear Reactor Decommissioning Market, India, 2012-2030........................................... 28 4.1.4 Nuclear Reactor Decommissioning Market, China, 2012-2030 ......................................... 29

4.2 Nuclear Reactor Decommissioning Market, Europe, 2012-2030 ................................................ 31 4.2.1 Nuclear Reactor Decommissioning Market, Belgium, 2012-2030...................................... 32 4.2.2 Nuclear Reactor Decommissioning Market, Finland, 2012-2030 ....................................... 34 4.2.3 Nuclear Reactor Decommissioning Market, France, 2012-2030........................................ 35 4.2.4 Nuclear Reactor Decommissioning Market, Germany 2012-2030 ..................................... 38 4.2.5 Nuclear Reactor Decommissioning Market, Hungary, 2012-2030 ..................................... 42 4.2.6 Nuclear Reactor Decommissioning Market, Italy, 2012-2030............................................ 43 4.2.7 Nuclear Reactor Decommissioning Market, Russia, 2012-2030........................................ 44 4.2.8 Nuclear Reactor Decommissioning Market, Slovakia, 2012-2030 ..................................... 46 4.2.9 Nuclear Reactor Decommissioning Market, Spain, 2012-2030.......................................... 48 4.2.10 Nuclear Reactor Decommissioning Market, Sweden, 2012-2030...................................... 51 4.2.11 Nuclear Reactor Decommissioning Market, Switzerland, 2012-2030................................. 52 4.2.12 Nuclear Reactor Decommissioning Market, Ukraine, 2012-2030 ...................................... 54 4.2.13 Nuclear Reactor Decommissioning Market, the UK, 2012-2030........................................ 56

4.3 Nuclear Decommissioning Market, North America, 2012-2030 .................................................. 60 4.3.1 Nuclear Market Decommissioning Market, Canada, 2012-2030........................................ 61 4.3.2 Nuclear Reactor Decommissioning Market Analysis, the US, 2012-2030 .......................... 63

5 Age Analysis - Global Nuclear Reactors, 2012................................................................................ 66 5.1 Age Analysis, by Reactor Type ................................................................................................ 67 5.2 Age Analysis, by Region.......................................................................................................... 69



5.3 Age Analysis, by Net Capacity ................................................................................................. 71 6 Key Players Analysis - Global Nuclear Decommissioning Industry................................................... 72

6.1 AREVA ................................................................................................................................... 72 6.1.1 AREVA, Company Overview........................................................................................... 72 6.1.2 AREVA’s Decommissioning and Dismantling Contracts ................................................... 72

6.2 Westinghouse ......................................................................................................................... 72 6.2.1 Westinghouse, Company Overview................................................................................. 72 6.2.2 Westinghouse Signs Contract To Dismantle Jose Cabrera Nuclear Power Plant............... 72

6.3 ONET Technologies ................................................................................................................ 73 6.3.1 ONET Technologies, Company Overview........................................................................ 73 6.3.2 ONET Technologies Take Over Bradtec Decon Technologies Ltd. ................................... 73

6.4 Studsvik AB............................................................................................................................. 73 6.4.1 Studsvik AB, Company Overview .................................................................................... 73 6.4.2 Studsvik signs $10.9billion Contract with LLW Repository LTD......................................... 73

6.5 Speedy Hire plc....................................................................................................................... 74 6.5.1 Speedy Hire plc, Company Overview .............................................................................. 74 6.5.2 Contract signed by Speedy Hire and NDA to Supply Lifting Equipment to Nuclear

Processing Sites in the UK.............................................................................................. 74 6.6 Babcock International Group plc .............................................................................................. 74

6.6.1 Babcock International Group plc, Company Overview...................................................... 74 6.6.2 Babcock International Awarded with Intermediate-Level Waste (ILW) Retrieval and

Processing Project.......................................................................................................... 74 6.7 URS Corporation..................................................................................................................... 75

6.7.1 URS Corporation, Company Overview............................................................................. 75 6.7.2 URS Management Partners Consortium Secures Decommissioning Contract................... 75

6.8 Nuvia Ltd................................................................................................................................. 75 6.8.1 Nuvia Ltd., Company Overview ....................................................................................... 75 6.8.2 Nuvia Limited Wins a Framework Contract for De-planting and Demolition at Magnox ...... 75

6.9 EnergySolutions ...................................................................................................................... 76 6.9.1 EnergySolutions, Company Overview.............................................................................. 76 6.9.2 EnergySolutions to be Technology Provider for Damaged Fukushima Dai-ichi Nuclear

Power Plant.................................................................................................................... 76 7 Key Developments in the Global Nuclear Decommissioning Industry............................................... 77

7.1 Dungeness Nuclear Power Plant Completes First Stage of Decommissioning ........................... 77 7.2 Babcock Dounreay Partnership Responsible for UK’s Dounreay Nuclear Site Decommissioning 77 7.3 Peer Review of UK Magnox Decommissioning Program ........................................................... 77 7.4 Nuclear Decommissioning Deal Between Japan and the UK..................................................... 77 7.5 Nuclear Waste Storage Projects to be Funded by Canadian Government.................................. 78 7.6 Contract signed by Parsons Brinckerhoff with NDA for Construction of Disposal Facility for

Radioactive Waste .................................................................................................................. 78 7.7 EC Harris grabs Nuclear Decommissioning Contract from Magnox ........................................... 78 7.8 Magnox Awards $91m Decommissioning Contract to ACTUS for Trawsfynydd Nuclear Site ...... 78 7.9 MEC Wins Two-Year Nuclear Services Contract from Magnox.................................................. 79 7.10 Westinghouse, Bulgarian Energy Holding EAD Sign Agreement on Nuclear Collaboration......... 79 7.11 Permit Agreement Signed by ZionSolutions and City Of Zion for Decommissioning of Zion Nuclear

Station .................................................................................................................................... 79 7.12 New Cost Estimate for Post-shutdown Phase and Dismantling of Muhleberg NPP Announced by

BKW FMB Energy ................................................................................................................... 79 7.13 Swiss Commission Approves Cost Studies on Decommissioning and Waste Disposal............... 80 7.14 Completion of 20-Year Decommissioning Program Announced by Sellafield ............................. 80 7.15 Sellafield Provides Update on Decommissioning of Redundant Fuel Fabrication Facility in

Dounreay ................................................................................................................................ 80 7.16 Decommissioning for Fukushima Daiichi Power Plant ............................................................... 80 7.17 Serco bags Contract for Decommissioning in Italy .................................................................... 81 7.18 Decommissioning Cost Rising in Switzerland ........................................................................... 81

8 Appendix....................................................................................................................................... 82 8.1 Abbreviations .......................................................................................................................... 82 8.2 Bibliography ............................................................................................................................ 84 8.3 Methodology ........................................................................................................................... 84

8.3.1 Coverage ....................................................................................................................... 84 8.3.2 Secondary Research ...................................................................................................... 84 8.3.3 Primary Research........................................................................................................... 84

8.4 Modeling and Forecasting........................................................................................................ 85 8.5 Contact Us .............................................................................................................................. 85



8.6 Disclaimer ............................................................................................................................... 85

1.1 List of Tables Table 1: Nuclear Reactor Decommissioning Market, Global, Reactors Undergoing Decommissioning

(Units), 2012......................................................................................................................... 9 Table 2: Nuclear Reactor Decommissioning Market, Global, Expected Decommissioning Reactors

(Units), 2012-2030.............................................................................................................. 11 Table 3: Nuclear Reactor Decommissioning Market, Global, Expected Reactor Shutdowns (Units),

2012-2030.......................................................................................................................... 14 Table 4: Nuclear Reactor Decommissioning Market, Asia-Pacific, Decommissioning Market Value ($m),

2012-2030.......................................................................................................................... 21 Table 5: Nuclear Reactor Decommissioning Market, South Korea, Decommissioning Market Value ($m),

2012-2030.......................................................................................................................... 23 Table 6: Nuclear Reactor Decommissioning Market, Japan, Reactors Undergoing Decommissioning,

2012................................................................................................................................... 25 Table 7: Nuclear Reactor Decommissioning Market, Japan, Decommissioning Market Value ($m),

2012-2030.......................................................................................................................... 26 Table 8: Nuclear Reactor Decommissioning Market, India, Decommissioning Market Value ($m),

2012-2030.......................................................................................................................... 29 Table 9: Operating Nuclear Reactors, China, 2012............................................................................ 30 Table 10: Nuclear Reactor Decommissioning Market, Europe, Decommissioning Market Value ($m),

2012-2030.......................................................................................................................... 32 Table 11: Nuclear Reactor Decommissioning Market, Belgium, Reactor Undergoing Decommissioning,

2012................................................................................................................................... 33 Table 12: Nuclear Reactor Decommissioning Market, Belgium, Decommissioning Market Value ($m),

2012-2030.......................................................................................................................... 33 Table 13: Nuclear Reactor Decommissioning Market, Finland, Decommissioning Market Value ($m),

2012-2030.......................................................................................................................... 35 Table 14: Nuclear Reactor Decommissioning Market, France, Reactors Undergoing Decommissioning,

2012................................................................................................................................... 36 Table 15: Nuclear Reactor Decommissioning Market, France, Decommissioning Market Value ($m),

2012-2030.......................................................................................................................... 37 Table 16: Nuclear Reactor Decommissioning Market, Germany, Reactors Undergoing Decommissioning,

2012................................................................................................................................... 39 Table 17: Nuclear Reactor Decommissioning Market, Germany, Decommissioning Market Value ($m),

2012-2030.......................................................................................................................... 41 Table 18: Operating Nuclear Reactors, Hungary, 2012........................................................................ 43 Table 19: Nuclear Reactor Decommissioning Market, Italy, Reactors Undergoing Decommissioning, 2012

.......................................................................................................................................... 44 Table 20: Nuclear Reactor Decommissioning Market, Russia, Under Decommissioning Reactors, 201245 Table 21: Nuclear Reactor Decommissioning Market, Russia, Decommissioning Market Value ($m),

2012-2030.......................................................................................................................... 45 Table 22: Nuclear Reactor Decommissioning Market, Slovakia, Under Decommissioning Reactors, 2012

.......................................................................................................................................... 47 Table 23: Nuclear Reactor Decommissioning Market, Slovakia, Decommissioning Market Value ($m),

2012-2030.......................................................................................................................... 48 Table 24: Nuclear Reactor Decommissioning Market, Spain, Reactors Undergoing Decommissioning,

2012................................................................................................................................... 49 Table 25: Nuclear Reactor Decommissioning Market, Spain, Decommissioning Market Value ($m),

2012-2030.......................................................................................................................... 50 Table 26: Nuclear Reactor Decommissioning Market, Sweden, Reactors Undergoing Decommissioning,

2012................................................................................................................................... 51 Table 27: Nuclear Reactor Decommissioning Market, Sweden, Decommissioning Market Value ($m),

2012-2030.......................................................................................................................... 52 Table 28: Nuclear Reactor Decommissioning Market, Switzerland, Decommissioning Market Value ($m),

2012-2030.......................................................................................................................... 53 Table 29: Nuclear Reactor Decommissioning Market, Ukraine, Under Decommissioning Reactors, 2012

.......................................................................................................................................... 54 Table 30: Nuclear Reactor Decommissioning Market, Ukraine, Decommissioning Market Value ($m),

2012-2030.......................................................................................................................... 55



Table 31: Nuclear Reactor Decommissioning Market, the UK, Reactors Undergoing Decommissioning, 2012................................................................................................................................... 57

Table 32: Nuclear Reactor Decommissioning Market, the UK, Decommissioning Market Value ($m), 2012-2030.......................................................................................................................... 59

Table 33: Nuclear Reactor Decommissioning Market, North America, Decommissioning Market Value ($m), 2012-2030 ................................................................................................................. 60

Table 34: Nuclear Reactor Decommissioning Market, Canada, Reactors Undergoing Decommissioning, 2012................................................................................................................................... 61

Table 35: Nuclear Reactor Decommissioning Market, Canada, Decommissioning Market Value ($m), 2012-2030.......................................................................................................................... 62

Table 36: Nuclear Reactor Decommissioning Market, the US, Reactors Undergoing Decommissioning, 2012................................................................................................................................... 64

Table 37: Nuclear Reactor Decommissioning Market, the US, Decommissioning Market Value ($m), 2012-2030.......................................................................................................................... 65

Table 38: Currently Operating Reactors (Units), Global, by Type, 2012................................................ 67 Table 39: Age Analysis of Currently Operating Reactors (Units), Global, by Type, 2012 ....................... 68 Table 40: Currently Operating Reactors (Units), Global, by Region, 2012 ............................................ 69 Table 41: Age Analysis of Currently Operating Reactors (Units), Global, by Region, 2012 .................... 70 Table 42: Age Analysis of Currently Operating Reactors (Units), Global, by Capacity (MW), 2012 ........ 71 Table 43: Abbreviations...................................................................................................................... 82

1.2 List of Figures Figure 1: Nuclear Reactor Decommissioning Market, Global, Reactors Undergoing Decommissioning

(Units), 2012......................................................................................................................... 8 Figure 2: Nuclear Reactor Decommissioning Market, Global, Expected Decommissioning Reactors

(Units), 2012-2030.............................................................................................................. 10 Figure 3: Nuclear Reactor Decommissioning Market, Global, Expected Decommissioning Market Value

($m), 2012-2030 ................................................................................................................. 12 Figure 4: Nuclear Reactor Decommissioning Market, Global, Expected Reactor Shutdowns (Units),

2012-2030.......................................................................................................................... 13 Figure 5: Nuclear Reactor Decommissioning Market, Asia-Pacific, Decommissioning Market Value ($m),

2012-2030.......................................................................................................................... 21 Figure 6: Nuclear Reactor Decommissioning Market, Europe, Decommissioning Market Value ($m),

2012-2030.......................................................................................................................... 31 Figure 7: Nuclear Reactor Decommissioning Market, North America, Decommissioning Market Value

($m), 2012-2030 ................................................................................................................. 60 Figure 8: Age Analysis, Global, Age of Currently Operational Reactors (Years), 2012.......................... 66 Figure 9: Currently Operating Reactors (Units), Global, by Type, 2012................................................ 67 Figure 10: Age Analysis of Currently Operating Reactors (Units), Global, by Type, 2012 ....................... 68 Figure 11: Currently Operating Reactors (Units), Global, by Region, 2012 ............................................ 69 Figure 12: Age Analysis of Currently Operating Reactors (Units), Global, by Region, 2012 .................... 70 Figure 13: Age Analysis of Currently Operating Reactors (Units), Global, by Capacity (MW), 2012 ........ 71



2 Introduction

2.1 Nuclear Reactor Decommissioning Activity: Overview Decommissioning of a nuclear facility can be defined as the termination of operations and taking the facility out of service - a process which involves several administrative and technical procedures. The administrative procedures include preparation of decommissioning plans, regulatory approvals and free release certificates for the facility and the site. The technical procedures, meanwhile, cover decontamination of the site and equipment, dismantling and waste management.

Nuclear reactors are designed to operate for 30-40 years. Generally, their operational life is decided based on safety and economic aspects. Assuming that all reactors will last 30 years, most reactors will be shutdown by 2015. By conducting proper refurbishment processes and upgrading the equipment of the facility, the operations of the nuclear reactors could be extended. After a period of time, it becomes important to retire the facility from operation due to safety and economic reasons. Decommissioning normally occurs after the end of the operating life of the reactor, although it can occur because of an accident, or due to political or economic reasons.

Decommissioning plans are prepared by the operator of the facility. There are different strategies followed by plant operators in the decommissioning of a nuclear facility. The strategy varies from plant to plant, depending upon the plant’s characteristics, nuclear regulatory policy, environmental protection and radioactive waste management, amongst other considerations. The strategies that are followed are immediate dismantling, deferred dismantling and entombment. In immediate dismantling, equipment, structures and components of the facility which contain radioactive material are removed soon after the shutdown, so that the facility can be discharged for unrestricted use. In the case of deferred dismantling, final dismantling is delayed and the facility is kept in long-term storage, where it is maintained safely. In entombment, radioactive contaminants are permanently encased and monitored properly until the radioactivity decays, thus obtaining regulatory clearance. The regulatory bodies play a critical role in decommissioning activity, as they have to authorize the activities while considering the safety principles. They also need to inspect whether the decommissioning activities are performed in adherence to the set conditions.

Environmental safety is a very important aspect in decommissioning activity, as it is the prime concern to safeguard the heath of workers and to protect the environment. The operators need to make considerable efforts to keep the exposure as low as possible, as decommissioning activity generates a lot of radioactive waste. Depending upon the radionuclide content, heat generation rates and treatment methods, the waste generated is classified as low-level, intermediate-level or high-level waste. The waste produced at most of the nuclear reactors is low-level waste, although some intermediate and high-level waste is produced. The handling, treatment, storage, transportation and disposal of radioactive waste are very important aspects of the decommissioning process.

Another important aspect of decommissioning activity is understanding the cost involved and making provisions for it. It is the prime responsibility of the plant owner to make financial provisions sufficient to cover the cost of all aspects of decommissioning. Decommissioning cost estimates range from $XXm to $XXm, depending upon various parameters such as location, regulations, infrastructure and the characteristics of the reactor. The estimated decommissioning market values provided in this report are undiscounted as an overnight capital cost as of Jan 2012. It has been assumed that the decommissioning cost estimate does not depend on the timing of decommissioning activities; it is independent of the time at which the expenses will occur.

GlobalData’s “Nuclear Reactor Decommissioning Industry: Global Market Size and Competitive Landscape Analysis to 2030” analyses the market for commercial nuclear reactor decommissioning. The report provides in-depth analysis of the decommissioning market’s size by value and volume split by region and country. The report also provides details of key challenges and market entry barriers, as well as key player analysis and recent industry developments, including the key contracts awarded for decommissioning and dismantling.



2.2 GlobalData Report Guidance This report focuses on the global nuclear decommissioning market of commercial nuclear reactors. Geographical market analysis is achieved by dividing the global market into three major regions, namely Asia-Pacific, Europe, and North America. The market volume provides the number of reactors expected to undergo decommissioning between 2012 and 2030, while the market value provides the estimated funds required for decommissioning as an overnight capital cost as of January 2012.

The report starts with an executive summary that provides a snapshot of the market size of the nuclear reactor decommissioning industry in different regions of the world.

Chapter two, “Introduction”, covers the introduction of the report. It provides an overview of decommissioning activity and guidance as to the contents of the report.

Chapter three, “Global Nuclear Reactor Decommissioning Industry”, provides an overview of the global nuclear reactor decommissioning market, decommissioning strategies, cost drivers and market challenges. It also provides information about past experiences of decommissioning in different countries.

Chapter four, “Key Countries Analysis: Nuclear Reactor Decommissioning Market to 2030”, provides analysis of the decommissioning market by value and volume for the key countries across the world.

Chapter five, “Age Analysis: Global Nuclear Reactors, 2012”, focuses on analysis of the age of existing operational reactors by type, region and capacity.

Chapter six, “Key Players Analysis: Global Nuclear Decommissioning Industry”, provides details of the key players in the decommissioning market.

Chapter seven, “Key Developments in the Global Nuclear Decommissioning Industry”, provides information on the key industry developments in the decommissioning market.

Chapter eight contains the appendix of the report.



3 Global Nuclear Reactor Decommissioning Industry

3.1 Global Nuclear Reactor Decommissioning Industry, Market Overview 3.1.1 Nuclear Reactor Decommissioning Market, Global, Reactors Undergoing

Decommissioning (Units), 2012 Globally, XX nuclear reactors have been shut down permanently, of which XX are undergoing decommissioning. These reactors have reached the end of their operating lifespan or have faced accidents or forced closures. Europe has experienced the greatest number of decommissioning projects, followed by North America and Asia-Pacific. In the European region, the UK, Germany, and France have the greatest number of nuclear reactors undergoing decommissioning, with XX, XX, and XX reactors, respectively. In North America, the US has the majority of the reactors that are undergoing decommissioning, with XX units to date. In Asia-Pacific, meanwhile, Japan has XX nuclear reactors and Kazakhstan has one reactor undergoing decommissioning.

The figure below shows the nuclear reactors which are undergoing decommissioning, by region:

Figure 1: Nuclear Reactor Decommissioning Market, Global, Reactors Undergoing Decommissioning (Units), 2012

Europe

North America

Asia-Pacific

Source: GlobalData

GDNE0063MAR / Published JUN 2012 Page 21 Nuclear Reactor Decommissioning Industry - Global Market Size


4 Key Countries Analysis - Nuclear Reactor Decommissioning Market to 2030

4.1 Nuclear Reactor Decommissioning Market, Asia-Pacific, 2012-2030 The estimated market value for the decommissioning of commercial nuclear reactors in the Asia-Pacific region is approximately $XXm for the period between 2012 and 2030. The decommissioning market in Japan is the highest, with an estimated value of $XXm for the same period. South Korea and India are the only countries apart from Japan which have reactors that are due to be decommissioned in future, with market values of $XXm and $XXm, respectively. The figure below shows the nuclear decommissioning market in the Asia-Pacific region between 2012 and 2030:

Figure 5: Nuclear Reactor Decommissioning Market, Asia-Pacific, Decommissioning Market Value ($m), 2012-2030

Japan Republic of Korea India

Estim

ated

Dec

omm

issi

onin

g M

arke

t, $m

Source: GlobalData

The table below gives the estimated decommissioning market value of the countries in the Asia-Pacific region between 2012 and 2030:

Table 4: Nuclear Reactor Decommissioning Market, Asia-Pacific, Decommissioning Market Value ($m), 2012-2030

Country Estimated Decommissioning Market Value, $m

Japan

South Korea

India

Source: GlobalData



8 Appendix

8.1 Abbreviations

Table 43: Abbreviations Abbreviation Full Form

ABWR Advanced Boiling Water Reactor

AECL Atomic Energy of Canada Limited

AEMC Alternative Emergency Management Centre

AERB . Atomic Energy Regulatory Board

AGR Advanced Gas cooled Reactors

ALPS Advanced Liquid Processing System

ASN Auto rite de Surety Nucléaire

BDBE Beyond Design Basis Events

BDP Babcock Dounreay Partnership

BEH EAD Bulgarian Energy Holding EAD

BfS Federal Office for Radiation Protection

BMU Federal Ministry of Environment, Nature Conservation and Nuclear Safety

BWR Boiling Water Reactors

CAGR Compound Annual Growth Rate

CEA Commissariat a l'Energie Atomique

CEA Central Electricity Authority

CNNF Central Nuclear Financial Fund

CNSC Canadian Nuclear Safety Commission

CSN Consejo de Seguridad Nuclear

DSRL Dounreay Site Restoration Ltd

EBA Korean Electricity Business Act

EDF Electricite de France S.A.

ENSI Swiss Federal Nuclear Safety Inspectorate

ENSREG European Nuclear Safety Regulators Group

ESC Emergency Support Centre

FAEA Federal Atomic Energy Agency for Nuclear

FANC Federal Agency for Nuclear Control

FBR Fast Breeder Reactor

FED Fuel Element Debris

GCR Gas Cooled Reactors

HAEA Hungarian Atomic Energy Authority

HTGR High Temperature Gas Reactor

IAEA International Atomic Energy Agency

ILW Intermediate Level Waste

JAEA Japan Atomic Energy Agency

JAERI Japan Atomic Energy Research Institute

JPDR Japan Power Demonstration Reactor

KINS Korea Institute of Nuclear Safety

LWGCR Light Water Gas Cooled Reactor

METI Ministry of Economy, Trade and Industry



MW Mega Watt

NDA Nuclear Decommissioning Authority

NEA Nuclear Energy Agency

NEA National Energy Administration

NFWA Nuclear Fuel Waste Act

NISA Nuclear and Industrial Safety Agency

NNSA National Nuclear Safety Administration

NPP Nuclear Power Plant

NRC Nuclear Regulatory Commission

NSSC Nuclear Safety and Security Commission

OECD Organization for Economic Co-operation and Development

ONFA Ontario Nuclear Funds Agreement

PDP Preliminary Decommissioning Plan

PHWR Pressurized Heavy Water Reactor

PLEX Plant Life Extension

PSA Probabilistic Safety Assessment

PWR Pressurized Water Reactors

RBMK Reaktor Bolshoy Moshchnosti Kanalniy

RSK Reactor Safety Commission

SAM Severe Accident Management

SAMG Severe Accident Management Guideline

SBO Station Black Out

SPF Spent Pool Fuel

STUK Radiation and Nuclear Safety Authority

TEPCO Tokyo Electric Power Company

UK United Kingdom

UKAEA United Kingdom Atomic Energy Authority

US United States

VVER Voda-Vodyanoi Energetichesky Reaktor

WAGR Windscale's Advanced Gas cooled Reactors

WENRA Western European Nuclear Regulators Association

Source: GlobalData



8.2 Bibliography IAEA (2011), Decommissioning Strategies: Status, Trends and Issues. Available from:

http://www.iaea.org/About/Policy/GC/GC54/GC54InfDocuments/English/gc54inf-3-att4_en.pdf [Accessed on April, 3, 2012]

NEI (2010) Decommissioning Status for Shutdown U.S. Nuclear Power Reactors. Available from: http://www.nei.org/resourcesandstats/documentlibrary/reliableandaffordableenergy/graphicsandcharts/decommissioningstatusforshutdownusnuclearpowerreactors/ [Accessed on March, 29, 2012]

OECD (2011), Decommissioning in Germany: Greifswald NPPs. Available from: http://www.oecd-nea.org/rwm/wpdd/10/documents/11_Decomm_Story_Greifswald_Rehs.pdf [Accessed on April, 19, 2012]

PRIS (2011), Nuclear Power Reactors in the World. Available from: http://www-pub.iaea.org/mtcd/publications/pdf/rds2-27_web.pdf [Accessed on March, 28, 2012]

8.3 Methodology GlobalData’s dedicated research and analysis teams consist of experienced professionals with marketing, market research and consulting backgrounds in the energy industry, and advanced statistical expertise.

GlobalData adheres to the codes of practice of the Market Research Society (www.mrs.org.uk) and Strategic Competitive Intelligence Professionals (www.scip.org).

All GlobalData databases are continuously updated and revised. The following research methodology is followed for all databases and reports.

8.3.1 Coverage The objective of updating GlobalData’s coverage is to ensure that it represents the most up to date vision of the industry. We track hundreds of Nuclear energy news sources on a daily basis. Using this news flow and regular interaction with industry experts, GlobalData identifies the key trends witnessed by the industry. These can be market opportunities, industry consolidation, technological breakthroughs, and policy updates. Our articles and reports investigate these trends in detail and evaluate the market implication of these trends.

8.3.2 Secondary Research The research process begins with exhaustive secondary research of internal and external sources to provide qualitative and quantitative information relating to each market. The secondary research sources that are typically referred to include, but are not limited to:

Company websites, annual reports, financial reports, broker reports, investor presentations and US Securities and Exchanges Commission (SEC) filings

Industry trade journals and other literature

Internal and external proprietary databases

National government documents, statistical databases and market reports

News articles, press releases and web-casts specific to the companies operating in the market.

8.3.3 Primary Research Primary research efforts further substantiate findings and information captured through desk research. This aspect of the research program serves both as a means of obtaining updates regarding issues such as changes in policy frameworks, nuclear sector development, and as a quality control mechanism.

GlobalData conducts many primary interviews a year with industry participants and commentators in order to validate its data and analysis. A typical research interview fulfills the following functions:

Provides first-hand information on the market size, market trends, growth trends, competitive landscape and future outlook

Helps in validating and strengthening the secondary research findings



Further develops the analysis team’s expertise and market understanding

Primary research involves telephone and email interviews as well as face-to-face interviews for each market category, segment and sub-segment across geographies.

The participants who typically take part in such a process include, but are not limited to:

Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers

Outside experts: investment bankers, valuation experts, research analysts and key opinion leaders specializing in the nuclear energy industry

8.4 Modeling and Forecasting In case of data gaps and especially while forecasting markets, GlobalData uses in-house models to forecast the data. Historic data and the analysis of trends within it form the basis of all forecasting methodology. Various qualitative and quantitative factors are usually taken into account for estimating future growth. The forecast data is validated through various industry experts and a back-of-envelope test.

8.6 Disclaimer All Rights Reserved.

No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of the publisher, GlobalData.

This report is a licensed product and should not to be reproduced without prior permission.

The information in this document has been extracted from Nuclear eTrack by a registered user.

GlobalData holds no responsibility for the loss of original context and for any changes made to information following its extraction.

All information was current at the time of extraction, although the original content may have been subsequently updated.