Industry Analysis & Industry Trends
Growth for the Nuclear Power industry will slow as concerns regarding the safety of nuclear power plants continue. In the coming years, the Nuclear Power industry is anticipated to slowly recover as power generation and power consumption rises. In the coming years, the Nuclear Power industry is anticipated to slowly recover as power generation and power consumption rises... 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 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 reduced somewhat 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 plant, 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