The global nuclear energy market is expected to grow over the next years, with the nuclear generation segment expected to reach 300 billion U.S. dollars by 2030.
Global nuclear power generation has risen steadily over the last decades, however, the risks and benefits of using nuclear energy has long been debated. In the light of climate change, advocates often point to a reliable and emission-free electricity as an alternative to fossil fuel sources. Using nuclear energy can be considered a clean energy source with an extremely high-energy density source, uranium. Advocates also state that it is the only viable energy option for energy dependence and to reach climate goals. On the other hand, skeptics point to nuclear accidents, such as the Chernobyl, Fukushima, and Three Mile Island disasters, as well as potential targets for global terrorism. Environmental and health risks may also be cited, including accidents and environmental damage from the uranium mining process. The uncertainty behind the current methods used to store radioactive nuclear waste is also of concern.
Estimated size of the global nuclear energy market in 2011 and 2030, by segment
(in billion U.S. dollars)
Characteristic
2011
2030
Nuclear generation
133
300
Radiation management
69
267
Nuclear power plant construction
31
53
Service
18
22
Front end of fuel cycle
17
26
Spent nuclear fuel reprocessing and secondary fuel
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Rosatom. (June 30, 2012). Estimated size of the global nuclear energy market in 2011 and 2030, by segment (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/238835/estimated-size-of-the-global-nuclear-energy-market-by-segment/
Rosatom. "Estimated size of the global nuclear energy market in 2011 and 2030, by segment (in billion U.S. dollars)." Chart. June 30, 2012. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/238835/estimated-size-of-the-global-nuclear-energy-market-by-segment/
Rosatom. (2012). Estimated size of the global nuclear energy market in 2011 and 2030, by segment (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/238835/estimated-size-of-the-global-nuclear-energy-market-by-segment/
Rosatom. "Estimated Size of The Global Nuclear Energy Market in 2011 and 2030, by Segment (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Jun 2012, https://www.statista.com/statistics/238835/estimated-size-of-the-global-nuclear-energy-market-by-segment/
Rosatom, Estimated size of the global nuclear energy market in 2011 and 2030, by segment (in billion U.S. dollars) Statista, https://www.statista.com/statistics/238835/estimated-size-of-the-global-nuclear-energy-market-by-segment/ (last visited November 22, 2024)
Estimated size of the global nuclear energy market in 2011 and 2030, by segment (in billion U.S. dollars) [Graph], Rosatom, June 30, 2012. [Online]. Available: https://www.statista.com/statistics/238835/estimated-size-of-the-global-nuclear-energy-market-by-segment/