Report Code: A16098 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Nuclear Feedwater Heater Market
Request Now !Nuclear feed water heater is a crucial part of a power plant as it is used to pre-heat water before it is sent to the boiler. The preheating of water improves the efficiency of the power plant by lowering the overall energy required in the boiler to convert water to steam. Depending on the objective efficiency requirements, the plant may have a number of nuclear feed water heaters installed. However, nuclear feed water heaters are expensive, and the choice to invest is based solely on the savings obtained by reducing fuel use for water heating. Nuclear power generation is both efficient and competitive with coal-fired generation in terms of cost per unit and power supply dependability. Some of the most efficient nuclear power stations have been found to operate at higher load factors than coal-fired units.
Market Scope and Structure Analysis
Description
A feed water heater is a piece of equipment used in nuclear plants to prepare boiler feed water. Preheating increases the system’s thermodynamic efficiency, which is the major advantage of feedwater heaters. Feedwater absorbs the internal energies by steam expansion and uses it to warm the condensate feedwater. It lowers the cost of running the facility. When the feedwater is reintroduced into the steam cycle, it further helps to decrease thermal shocks to the boiler metal. These heater tubing corrodes with time, thus the components must be fixed or replaced at some point to guarantee long-term efficiency.
COVID-19 Impact analysis
Top Impacting Factors
The impact of the Fukushima tragedy has caused some serious concern in public perceptions of nuclear power. Following the accident, a wave of plant closures occurred all around the world. Plants built before the 1970s are unlikely to stay operational for long, resulting in a need for newer and more resilient plants. These new nuclear reactors are expected to have substantially improved efficiency and dependability. Feed water heaters are anticipated to be a critical component of these future nuclear facilities as they strive for great efficiency. Pre-heated water is likely to continue generation at high loads.
With the expansion of power generation processes, the need for feedwater heaters is expanding. Since the last few years, the number of nuclear power stations has grown in number in countries such as India and China. For instance, in December 2020, the 200-megawatt unit 1 reactor in Shidao Bay, operated by China Huaneng Group Co., is currently supplying power to the grid in Shandong province, according to China Nuclear Energy Association. In addition, the second reactor is currently being tested and is expected to be connected and commissioned by mid-next year.
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Nuclear Feedwater Heater Market Report Highlights
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