Does Nuclear Power Really Resolve Global Energy Demand Challenge?

Nov. 24, 2010 - PRLog -- Phoenix, AZ, – The nuclear power industry is forecast to reach $18 billion by 2013, and is a vital component to meeting global power demand, according to the report, “Global Nuclear Power Outlook and Opportunities.” Despite cost efficiency and safety challenges, nuclear power is also an essential part of a global effort to reduce carbon emissions.

In his recent address to the International Atomic Energy General Conference, U.S. Energy Secretary Steven Chu reinforced American commitment to the peaceful use of nuclear energy, noting that, “A strong and efficient market for nuclear fuel is vital to securing carbon-free energy on a global basis.”

Nuclear power provides 19 percent of electricity consumed in the United States, and 30 percent in the European Union.  Coal remains plentiful and in the United States, is an inexpensive source of power. However, the search for viable carbon-free energy is essential as a means of combatting global warming and reducing emissions.

This report offers a profile of the nuclear power industry, including economic trends, cost efficiency issues, and an analysis of nuclear hedging. In addition, readers will learn the many issues currently facing the nuclear power industry, including health and pollution issues, as well as cost and safety concerns, and regulatory framework. The report also details how nuclear energy plays out in the demand for keeping CO2 emissions to a minimum.

More details about “Global Nuclear Power Outlook and Opportunities” can be found at http://EnergyBusinessReports.com/shop/Global-Nuclear-Powe...

# # #

Energy Business Reports publishes cutting-edge business research and analysis reports in the global energy industry including power, oil and gas, and renewables markets.