Nuclear industry pivots to Asia – Opportunities in key Asian markets

//Nuclear industry pivots to Asia – Opportunities in key Asian markets

Asia is one of the regions where nuclear power is “high on the agenda” and could be one of the drivers for global nuclear power deployment, according to the International Atomic Energy Agency.

“This Asia-Pacific region has one of the fastest economic and growth rates in the world. Hence, it follows that the demand for affordable and sustainable energy sources is expected to rise.” – Mikhail Chudakov, Deputy Director-General, IAEA

The nuclear industry is pivoting towards Asia with key export markets transitioning from the traditional and mature markets of North America and Western Europe to emerging markets in Asia.

China has kept its place as the fastest growing market for nuclear energy. The country currently has 30 units in operation, 24 under construction, 40 planned and dozens more proposed. China also announced plans to export its reactor technology.

While China is undoubtedly providing massive business opportunities for the nuclear industry, other key Asian countries like India, Vietnam, Japan and South Korea are providing opportunities such as:

  • Legal services for NPPs
  • Consulting services for NPPs
  • Advisory services for decommissioning
  • Project management services
  • Gen III nuclear equipment imports

With this in mind, the 5th edition of Asia Nuclear Business Platform(ANBP), developed by an international Advisory Board, will provide a perfect platform for nuclear solution providers looking for new business opportunities and forge strategic business relationships in the Asian markets which is worth billions of dollars. Key Asian stakeholders from governments, utilities and NEPIOs will provide participants with insights on business prospects in their respective markets.

Ps: Keen to gain more insights on specific nuclear opportunities in each of the key Asian countries? Email [email protected]

By |2019-01-11T16:52:45+08:00November 2nd, 2016|nuclear-industry|0 Comments