Record number of nuclear closures in Europe

Europe expects to decommission almost 150 of its nuclear power plants by 2030, the largest number of closures in any region of the world, according to a new report.

The figure for Europe accounts for nearly 69 per cent of the total global number of expected reactor closures in the next 18 years and, barring any changes, the European commercial nuclear decommissioning market value stands at $81,484 m.

The report, by consultants GlobalData, found that as of January 2012, France, the UK and Russia have the highest decommissioning market values in Europe, at $21,494m, $18,717m, and $13,446m respectively.

The Asia-Pacific region represents the second highest market value at $20,317m, while North America offers the smallest amount at a relatively small $8,175m. The US has granted life extensions to 71 reactors and chosen to close only five.

GlobalData’s study shows that more than 200 nuclear power stations across the world are expected to be closed by 2030, almost half of the number that are currently in operation.

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