Industry Analysis & Industry Trends
The Nuclear Power industry has steadily contracted over the past five years due to falling nuclear power generation and stagnant electricity price growth, as well as idle operations due to the recession. However, companies in the industry are poised to benefit from favorable market conditions over the next five years. In the midst of a growing economy, electricity demand is expected to rise as industry operators and consumers use more energy... purchase to read more
Industry Report - Starting a New Business Chapter
Prospective entrants to the Nuclear Power industry must obtain an operator's license from the US Nuclear Regulatory Commission before they can operate a nuclear power station; however, gaining a license is extremely difficult. Prospective entrants must also have large amounts of capital and considerable expertise.
Barriers to entry were somewhat reduced by the easing of regulations governing electricity generators and the move to a more competitive electricity market from the second half of the 1990s onward. Electricity utilities divested themselves of generating plants, either due to state government requirements that their market power be reduced, or voluntarily in order to focus on transmission operations, which remain regulated... purchase to read more