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Generation mPower’s SMR Technology - Offering a Potential for Nuclear Power Resurgence

 
Generation mPower’s SMR Technology - Offering a Potential for Nuclear Power Resurgence

Generation mPower’s SMR Technology - Offering a Potential for Nuclear Power Resurgence

Summary

In the wake of recent nuclear disaster in Japan, the global nuclear power industry witnessed a complete stand-still until a recent development which saw Tennessee Valley Authority (TVA) and Generation mPower sign a letter of intent defining the project plans and the associated conditions for building up to six mPower reactors. The mPower reactor technology was developed by a formal alliance of Babcock and Wilcox (B&W) with Betchel. Despite the prevalent negative sentiments regarding the use of nuclear energy for power generation, the distinct advantages offered by the small modular design of mPower reactor for easing safety and security concerns has provided the impetus to TVA to go ahead with its deployment. B&W claims the design of mPower as a passively safe Advanced Light Water Reactor with a below-ground containment structure. Apart from these design advantages associated with the mPower reactor, using nuclear power provides low-cost clean energy. The overall advantages of mPower reactor technology has not only stimulated TVA to go ahead with its deployment plans but is expected to play an important role in the resurgence of nuclear power due to its ability of potentially reducing the risk of accidents, terrorist attacks and proliferation.

Scope

- Market prospects of nuclear power with mPower reactor technology
- Key issues influencing the growth of nuclear power due to safety and security concerns
- Future and current market potential offered by Generation mPower SMR technology
- mPower deployment offering potential to meet the electricity demand of TVA customers

Reasons to buy

- Identify the key growth and investment opportunities with mPower reactor technology
- Gain insights on the growth potential of mPower reactor technology offered by increased safety and security features
- Developing strategies for scaling-up nuclear power generation
- Facilitate decision-making based on the future demand of TVA customers in south-east US to scale-up nuclear power generation

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Jun 2011
GlobalData
8 pages

Global Market Research
ASDR-18723

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