Key Market Indicators
India's nuclear power consumption is expected to reach almost half an exajoule by 2026. This is up from 0.4 exajoules in 2021, growing at an average rate of 2.1% year on year. Since 1974, demand for nuclear power in India has increased by an average of 2.6% each year.
India Nuclear Power Market Data and Forecasts
How much will India Nuclear Power Market grow to 2026?
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Nuclear Fuel Industry: A Comprehensive Insight into Spent Fuel and Waste Management
The nuclear fuel industry cycle incorporates a wide range of activities, right from mining uranium to the disposing of spent waste. Raw nuclear fuel undergoes numerous enriching processes before being loaded into a nuclear reactor. Following several years of energy production, the spent fuel is then removed. But this is...
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Decommissioning Trends Transforming the Global Offshore Oil and Gas Market Landscape
Globally, the oil and gas sector is witnessing an overarching trend of decommissioning - the process of safely retiring and dismantling operating assets. Advances in technology and the socio-economic efficiencies it presents are driving operators toward this significant transformation. While typically motivated by the natural ageing of assets or reservoir...
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Nuclear Decommissioning: Unraveling the Prospects, Trends and Challenges in the Global Market
The global market for nuclear decommissioning is forecasted to experience significant growth in the coming years, primarily driven by the increasing number of aging nuclear reactors requiring dismantling and rising public and regulatory pressure for the decommissioning of outdated nuclear facilities. The trend towards adopting renewable sources of energy is...
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Reactor Market Spectrum: Diverse Types, Applications, and Growth Potential Unveiled
The reactor market, which covers a broad range of reactor types and applications, is primarily led by the nuclear, chemical, and pharmaceutical sectors. Nuclear reactors serve a critical role in power generation, while chemical reactors are vital for the diverse processes within chemical engineering. Pharmaceutical reactors, on the other hand,...
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Power Plant Industry: A Comprehensive Guide on Control Systems and Maintenance Trends
Control systems are integral in keeping power plants functioning efficiently and reliably. They permit centralized regulation and supervision connected with plant performance, ensuring optimized operations. At the core of these systems are advanced software applications enabling activities such as predictive modelling, data management, surveillance and control. Implementing autonomous control systems...
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