This website uses cookies primarily for visitor analytics. Certain pages will ask you to fill in contact details to receive additional information. On these pages you have the option of having the site log your details for future visits. Indicating you want the site to remember your details will place a cookie on your device. To view our full cookie policy, please click here. You can also view it at any time by going to our Contact Us page.

Baseefa Ltd

Record number of nuclear plant closures in Europe

13 September 2012

Europe expects to decommission almost 150 of its nuclear power plants by 2030, the largest number of closures in any region of the world, according to a recent report. Research by Globaldata shows that more than 200 nuclear power stations across the world are expected to be closed by 2030, almost half of the number that are currently in operation.

Following the Fukushima nuclear disaster, Germany has permanently shut down eight of its reactors and pledged to close the rest by 2022, including this one at Grohnde in Lower Saxony
Following the Fukushima nuclear disaster, Germany has permanently shut down eight of its reactors and pledged to close the rest by 2022, including this one at Grohnde in Lower Saxony

The report shows that the figure for Europe accounts for nearly 69% of the total global number of expected nuclear power reactor closures by 2030, the largest amount for any region. Barring any changes, the European commercial nuclear decommissioning market value stands at $81,484m.

As of January 2012, France, the UK and Russia have the highest decommissioning market values in Europe, with market values of $21,494m, $18,717m, and $13,446m, respectively.

The Asia-Pacific region represents the second highest market value at $20,317m, while North America offers the smallest amount at a relatively small $8,175m.

Following the 2011 disaster at Fukushima several European countries decided to phase out the nuclear power, with both Germany and Belgium aiming to end production by 2030 and Switzerland by 2034.

The US however remains undeterred and has announced plans to extend the lives of 71 of its nuclear reactors by 20 years, with further life extensions expected in the future. Only five reactors in the US are due to undergo the decommissioning process between 2012 and 2030, while Canada will shut down 17.


Contact Details and Archive...

Print this page | E-mail this page

CSA Sira Test