Report Code: A14854 | Pages: NA | Mar 2023 | 1221 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Nuclear Spent Fuel Market
Request Now !The back end of the nuclear fuel cycle is spent fuel management, which includes the management of spent fuel generated by nuclear power stations until it is disposed of. The nuclear fuel cycle must come to a close with the safe, secure, and long-term disposal of spent fuel. Governments all across the world have enacted legislation to ensure that nuclear-spent fuel is managed efficiently. Regulations establish the requirements, procedures, and criteria for receiving, transferring, and possessing nuclear power reactor spent fuel, nuclear power reactor-related Greater than Class C waste, and other radioactive materials associated with spent fuel storage in an independent spent fuel storage installation.
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COVID-19 Impact Analysis
Top Impacting Factors
When compared to fossil fuels, nuclear power plants can create electricity with reduced carbon emissions. Even though nuclear power generates very little waste in comparison to other thermal electricity generation methods, adequate and safe management of nuclear waste is critical for nuclear power plant operators. Furthermore, the global spent fuel and nuclear waste management market is growing, owing to an increase in nuclear power plant decommissioning projects beginning in 2020. However, the worldwide spent fuel and nuclear waste management market is expected to be hampered by high initial costs and a long payback period over the projected period. Some of the primary drivers for this market are several ongoing and planned nuclear power plant clean-up activities around the world, as well as numerous nuclear power reactor decommissioning activities.
Market Trends
Key Benefits of the Report
Nuclear Spent Fuel Market Report Highlights
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Key Market Players | AECOM, Babcock International Group Plc, BHI Energy, Bechtel Corp., Ecology Services Inc., Mitsubishi Heavy Industries Ltd.,, OCL Corp, Orano SA, SKODA JS AS, VEOLIA ENVIRONNEMENT SA |
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