Rolls-Royce PWR

Nuclear Waste Management Market to Reach $5.7 Billion, Globally, by 2032 at 1.9% CAGR: Allied Market Research

Retrieved on: 
Thursday, August 3, 2023
International, Radioactive decay, Table, ILW, Waste management, Radioactive waste, Power plant engineering, Multilateralism, Rolls-Royce PWR, Organization, IAEA, Pressurized water reactor, International Atomic Energy Agency, La Crosse Boiling Water Reactor, United Kingdom, HLW, PDF, Health, Environment, Uranium mining

PORTLAND, Ore., Aug. 3, 2023 /PRNewswire/ -- Allied Market Research published a report titled, "Nuclear Waste Management Market by Waste Type (Low-Level Waste, Intermediate-Level Waste, and High-Level Waste), Reactor Type (Pressurized Water Reactor, Boiling Water Reactor, Gas Cooled Reactor, and Pressurized Heavy Water Reactor), and by Disposal Method (Incineration, Storage, Deep Geological Disposal, and Others): Global Opportunity Analysis and Industry Forecast, 2023-2032." According to the report, the global nuclear waste management industry generated $4.8 billion in 2022 and is estimated to reach $5.7 billion by 2032, exhibiting a CAGR of 1.9% from 2023 to 2032. 

Key Points: 
  • High-level nuclear waste (HLW) refers to highly radioactive materials that are produced as a result of nuclear fuel reprocessing or spent fuel from nuclear power plants.
  • The management of nuclear waste generated from PWRs involves several key steps and considerations.
  • International cooperation and knowledge sharing play an important role in nuclear waste management in the Asia-Pacific region.
  • Nuclear waste management in Europe involves the handling, storage, treatment, and disposal of radioactive waste generated from nuclear power plants, research facilities, medical institutions, and other sources of nuclear technology.

Nuclear Waste Management Market to Reach $5.7 Billion, Globally, by 2032 at 1.9% CAGR: Allied Market Research

Retrieved on: 
Thursday, August 3, 2023
International, Radioactive decay, Table, ILW, Waste management, Radioactive waste, Power plant engineering, Multilateralism, Rolls-Royce PWR, Organization, IAEA, Pressurized water reactor, International Atomic Energy Agency, La Crosse Boiling Water Reactor, United Kingdom, HLW, PDF, Health, Environment, Uranium mining

PORTLAND, Ore., Aug. 3, 2023 /PRNewswire/ -- Allied Market Research published a report titled, "Nuclear Waste Management Market by Waste Type (Low-Level Waste, Intermediate-Level Waste, and High-Level Waste), Reactor Type (Pressurized Water Reactor, Boiling Water Reactor, Gas Cooled Reactor, and Pressurized Heavy Water Reactor), and by Disposal Method (Incineration, Storage, Deep Geological Disposal, and Others): Global Opportunity Analysis and Industry Forecast, 2023-2032." According to the report, the global nuclear waste management industry generated $4.8 billion in 2022 and is estimated to reach $5.7 billion by 2032, exhibiting a CAGR of 1.9% from 2023 to 2032. 

Key Points: 
  • High-level nuclear waste (HLW) refers to highly radioactive materials that are produced as a result of nuclear fuel reprocessing or spent fuel from nuclear power plants.
  • The management of nuclear waste generated from PWRs involves several key steps and considerations.
  • International cooperation and knowledge sharing play an important role in nuclear waste management in the Asia-Pacific region.
  • Nuclear waste management in Europe involves the handling, storage, treatment, and disposal of radioactive waste generated from nuclear power plants, research facilities, medical institutions, and other sources of nuclear technology.

The Future of Nuclear SMRs: IDTechEx Asks If Start-ups Will Disrupt Established Players

Retrieved on: 
Thursday, May 25, 2023
MSR, Terrestrial Energy, NuScale Power, GE Hitachi Nuclear Energy, Temperature, Rolls-Royce PWR, Organization, Nuclear energy, Rolls-Royce SMR, Microsoft, Risk, Westinghouse Electric Company, SMR, PWR, Void coefficient, Tom Pappalardo, Safety, Dissection, Renewable energy, Uranium mining, Lithium

BOSTON, May 25, 2023 /PRNewswire/ -- Nuclear Small Modular Reactors (SMRs) aim to disrupt the nuclear industry, slashing the cost of nuclear energy to competitiveness with renewables + storage and making new decarbonization-enabling uses of nuclear power possible.

Key Points: 
  • BOSTON, May 25, 2023 /PRNewswire/ -- Nuclear Small Modular Reactors (SMRs) aim to disrupt the nuclear industry, slashing the cost of nuclear energy to competitiveness with renewables + storage and making new decarbonization-enabling uses of nuclear power possible.
  • Still, the question remains: in the emerging SMR market, will the agility of new players beat the embedded positions of the nuclear industry's existing giants?
  • IDTechEx's new report, " Nuclear Small Modular Reactors (SMRs) 2023-2043 ," predicts that 25% of nuclear-sourced electricity will come from SMRs in 2043, compared to a negligible percentage today.
  • The diversity of designs this rapid scaleup would breed is likely to involve a wide variety of organizations: IDTechEx surveyed 83 SMR projects from many different players.

The Future of Nuclear SMRs: IDTechEx Asks If Start-ups Will Disrupt Established Players

Retrieved on: 
Thursday, May 25, 2023
MSR, Terrestrial Energy, NuScale Power, GE Hitachi Nuclear Energy, Temperature, Rolls-Royce PWR, Organization, Nuclear energy, Rolls-Royce SMR, Microsoft, Risk, Westinghouse Electric Company, SMR, PWR, Void coefficient, Tom Pappalardo, Safety, Dissection, Renewable energy, Uranium mining, Lithium

BOSTON, May 25, 2023 /PRNewswire/ -- Nuclear Small Modular Reactors (SMRs) aim to disrupt the nuclear industry, slashing the cost of nuclear energy to competitiveness with renewables + storage and making new decarbonization-enabling uses of nuclear power possible.

Key Points: 
  • BOSTON, May 25, 2023 /PRNewswire/ -- Nuclear Small Modular Reactors (SMRs) aim to disrupt the nuclear industry, slashing the cost of nuclear energy to competitiveness with renewables + storage and making new decarbonization-enabling uses of nuclear power possible.
  • Still, the question remains: in the emerging SMR market, will the agility of new players beat the embedded positions of the nuclear industry's existing giants?
  • IDTechEx's new report, " Nuclear Small Modular Reactors (SMRs) 2023-2043 ," predicts that 25% of nuclear-sourced electricity will come from SMRs in 2043, compared to a negligible percentage today.
  • The diversity of designs this rapid scaleup would breed is likely to involve a wide variety of organizations: IDTechEx surveyed 83 SMR projects from many different players.

Accident Tolerant Fuel: Westinghouse ADOPT™ Fuel Achieves Regulatory Approval, Moves Closer to U.S. Deployment

Retrieved on: 
Tuesday, March 14, 2023
Nuclear, Energy, Other Energy, Westinghouse, U.S. Department of Defense Strategy for Operating in Cyberspace, ATF, U.S. Department of Energy, Office of Inspector General, The Electric Company, NRC, Rolls-Royce PWR, Economics, HALEU, Multimedia, ACRS, Safety, Uranium, Nuclear fuel, Westinghouse Electric Company, Uranium mining

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    With funding from the U.S. Department of Energy, Westinghouse further developed its advanced pellet technology to increase the accident tolerance of conventional uranium dioxide fuel pellets.
  • Through its increased uranium density, ADOPT fuel also enables U.S. customers to improve fuel cycle economics and extend their operating cycles.
  • “With this important milestone, ADOPT fuel becomes the first product within Westinghouse’s EnCore® Accident Tolerant Fuel (ATF) Program that is licensed for U.S. PWRs,” said Tarik Choho, Westinghouse President of Nuclear Fuel.
  • “ADOPT fuel is the result of two decades of in-reactor experience and provides our customers with improved fuel cycle economics and safety margins.

MHI Group Presents "Best Innovation 2022" Awards for Activities that Contribute to Mitigating Impacts on the Global Environment

Retrieved on: 
Thursday, February 16, 2023
Carbon, Quality control system for paper, board and tissue machines, Mitsubishi Heavy Industries, Safety, Transport, Chemical engineering, GTCC, Noise, EVOL, Collection, DSL, Maintenance, Rolls-Royce PWR, Engineering, Mitsubishi Electric, MPF, PWR, Boeing, Incineration, SSF, BWR, Kansai Electric Power Company, Steel, Temperature, NPP, Carbon-fiber-reinforced polymers, Vibration, MHI, Engineering Division, Lead, NOx, CO2, Primetals Technologies, Power plant engineering, Water, Network, Sandy, Renewable energy, Uranium mining, Automotive industry

Through this in-house program, the Company aims to raise environmental awareness and encourage further innovation among its Groupwide employees.

Key Points: 
  • Through this in-house program, the Company aims to raise environmental awareness and encourage further innovation among its Groupwide employees.
  • Of this year's 20 award-winning recipients, here we introduce 10 innovations related to the Company's strategic growth areas that will contribute to reduction of environmental impacts.
  • Demonstration testing has already been conducted at a waste incineration facility (waste-to-energy plant), a cement plant and gas engine application.
  • Their outstanding quality and high reliability have contributed significantly to enhance market recognition of MHI Thermal Systems in the global market.

Nuclear Decommissioning Services Market Report 2022: Worldwide Shutdown of Older Reactors, High Cost of Decommissioning - ResearchAndMarkets.com

Retrieved on: 
Monday, August 8, 2022
Nuclear, Energy, Rolls-Royce PWR, PHWR, Westinghouse Electric Company, Research, BWR, Government, PWR, CAGR, GCR, COVID-19, Power plant engineering, USD, Renewable energy, Lithium, Gundremmingen

The global nuclear decommissioning services market size is expected to be valued at USD 9.42 billion by 2030, exhibiting a 5.1% CAGR during the forecast period.

Key Points: 
  • The global nuclear decommissioning services market size is expected to be valued at USD 9.42 billion by 2030, exhibiting a 5.1% CAGR during the forecast period.
  • Global nuclear phase-out and rising support from government's post-nuclear accidents are among the major factors expected to fuel market growth in upcoming years.
  • The rise in public safety concerns due to hazardous consequences of nuclear accidents is set to actuate market demand in the coming years.
  • The transitioning trend toward renewable energy, owing to various government initiatives and regulations is also projected to promote nuclear decommissioning services throughout the forecast period.