Exclusive extracts from this 65-page-long report:
- Who are the key players?
Leading players of the global nuclear power industry can be classified into three categories: energy utilities which mostly focus on reactor design and plant operation; diversified power equipment groups which provide designs, equipment and solutions for several power systems; and nuclear power pure players which focus on one or several activities of the nuclear power value chain. [...]
Groups analysed in this report include: EDF, KEPCO, GE-Hitachi Nuclear, Mitsubishi Heavy Industries, Rosatom, China General Nuclear Power Group (CGN), China National Nuclear Power Co. (CNNC), Cameco, Toshiba, and Kazatomprom.
- What are the players' strategies?
Challenged by high fixed costs, major cost overruns, and strong competition from alternative energy sources, nuclear power companies are focusing on efficiency gains, diversification, and partnerships to create synergies for specific projects or markets. GE-Hitachi for example is expanding the range of its nuclear services to tap opportunities in reactor decommissioning in mature markets. Meanwhile, Russia's Rosatom became the leading operator by number of reactors currently under construction by offering turnkey contracts including extensive financing solutions and services in all steps of the nuclear value chain. […]
- What are the players' key growth and profitability drivers?
Operators from mature economies have been coping with poor performances in recent years due to various reactor shutdowns, a fall in the number of construction projects, stronger competition from renewables, as well as major cost overruns from delayed projects. Conversely, emerging economies' nuclear power operators reported sound growth and profitability on the back of buoyant local demand, increasing diversification, greater cost-competitiveness, as well as their growing foothold in international markets. [...]