Abstract
Introduction
In Europe, times of record economic growth, cheap oil and excess energy
supplies are over. Instead, the energy landscape is one of declining power
supplies and high, volatile fossil fuel prices. These factors - coupled with
increasing energy demand, concerns over climate change, energy import
dependency and security of supply - are coinciding to make the case for
nuclear build much stronger.
Scope of this research
- A review and evaluation of the drivers that are fuelling an increasingly
probable nuclear renaissance across European member states.
- Capacity margin and wind capacity forecasts plus historical power output
data and total emission lifecycle data for the major generation technologies.
- EU power generation cost projections for the major technologies plus a
side by side review of their key respective advantages and limitations.
- A detailed review of the nuclear energy landscape for every relevant
European member state as well as 2030 nuclear capacity forecasts.
Research and analysis highlights
On the road to 2020, Europe will grow overly dependant on gas. New nuclear
generation capacity will be needed to offset ageing nuclear and diminishing
coal and to address increasing energy import dependency. In the face of
increasing environmental legislation, nuclear will also be able to leverage
its strong green credentials.
In Europe, nuclear power generation is competitive and is expected to develop
a greater economic advantage over fossil fuel technologies in the run up to
2030. Nuclear also presents many advantages over other types of power
generation, which all have major downsides and often lack credibility as
sources of clean long-term baseload power.
At present, 14 of Europe' s 27 Member States rely heavily on nuclear power and
that reliance is set to grow. By 2030, net additions of nuclear power capacity
will be highest in the UK, but could be higher still in Germany, where the
planned - albeit improbable - phasing out of nuclear power would result in a
significant energy supply gap.
Key reasons to purchase this research
- Quickly determine the extent to which the different European member
states' are directly dependant on nuclear power generation.
- Understand how energy import dependency, security of supply, and climate
change are coinciding to make a strong case for a new nuclear renaissance.
- Benchmark European member states' likely involvement with new nuclear
power generation in the run up to 2030.
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