Product
Nuclear Energy Price Trend and Forecast
Nuclear Energy Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Nuclear Energy in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the First Half of 2022
Nuclear power remains an expensive, conflict-prone, and hazardous form of energy that still doesn’t fit in the classic system of renewables. However, the soaring fuel prices and need for clean energy have caused governments around the world to look at nuclear energy programs in a new light.
The global energy supply crunch caused by the Russian limiting its supply to Europe, unprecedented crude oil prices, port congestions and export restrictions have caused the price trends for nuclear energy to swell.
The prices in the market inclined due to the constant threat and safety issues at the Russian-occupied Zaporizhzhia nuclear plant and around 32 reactors in France were shut down due to corrosion issues. Hence, these supply shortages reverberated throughout the world. The trade disruptions caused the costs of material, activity, and engineering to rise, thereby causing the price of nuclear energy to the expensive side.
Procurement Resource provides latest prices of Nuclear Energy. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Nuclear energy refers to the utilisation of nuclear reactions that release nuclear energy to generate heat. Heat generated in the process is further utilised in steam turbines in order to generate electricity in a nuclear power plant. Presently, most of the electricity from nuclear power is generated by nuclear fission of uranium and plutonium.
Product Details
| Report Features | Details |
| Product Name | Nuclear Energy |
| Synonyms | Nuclear Power |
| Industrial Uses | Radioactive fuel, Powerplants, Generating electricity |
| Supplier Database | The Hanbit Nuclear Power Plant, Bruce Power, Zaporizhzhya Nuclear power plant, Korea Hydro & Nuclear Power Co. Ltd (KHNP) |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Process
- Production of Nuclear Energy via Fission of Uranium and Plutonium
Nuclear energy originates from the splitting of uranium atoms. This process is widely known as nuclear fission. This generates heat to produce steam, that is utilised by a turbine generator to generate electricity.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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