Wednesday, February 27, 2008

100 GW of New Nuclear from AREVA by 2030?

That's what they're aiming for:

Areva aims to build more than 100 gigawatts of new nuclear power capacity by 2030, one third of the 344 GW that the company expects to be developed around the world by that date, a spokeswoman said.
AREVA's Evolutionary Power Reactor is 1.6 GW therefore 100 GW would equate to 63 new EPRs. Is that doable? Well, if we look back over the past 50 years, the world built more than 120 GW of nuclear capacity in the '70s and more than 200 GW in the '80s. So yes, their goal is definitely doable. Hopefully they will build more than that.

3 comments:

Anonymous said...

So Japan Steel Works identified themselves as the bottleneck on new nuke construction. They claim to be the only ones with forging capacity. See earlier post here.

They claim about 12 GW per year by 2010. Between 2010 and 2030 is twenty years. That would suggest that Areva is targeting ~40% global market share barring another forging supplier entering the market.

Are my assumptions wrong? Is there no one in Europe to handling the necessary sizes and qualities we need?

Joe Somsel

Anonymous said...

B&W is expanding their faciliies in Indiana and the Russians and Chinese are doing the same there.

David Bradish said...

Joe, Your assumptions are correct. Right now JSW is the only large-scale forging supplier in the world. If we build the number of nuclear plants we say we want to build, then more facilities will be needed. Building nuke plants in the US would help revitalize its manufacturing base instead of having to rely on overseas suppliers. It's supply and demand - if you build the plants, manufacturers will come.