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Top Markets Report: Civil Nuclear

Abstract: 
The U.S. and global civil nuclear energy industry remains a growing market with unique challenges and opportunities. This section explores the current state of nuclear energy in the U.S. and globally and identifies barriers to competitive U.S. export competitiveness. A number of important developments marked growth in the global nuclear energy market in 2015. The December 2015 Paris Climate Conference recognized the importance of nuclear energy to meet global carbon reduction goals. The Convention for Supplementary Compensation for Nuclear Damage (CSC) nuclear liability regime entered into force in April 2015. China kept its place as the fastest growing market for nuclear energy. China brought eight reactors online in 2015, bringing its total to 30 operating reactors; China also announced plans to export its reactor technology. Meanwhile, India and the United States achieved a breakthrough in bilateral civil nuclear cooperation, including understandings reached on issues of civil nuclear liability.
Author: 
International Trade Administration
Institution: 
US Department of Commerce
Year: 
2016
Input By: 
Jarod Wilson
Affiliation: 
MIT
Region(s): 
Industry Focus: 
Energy
Datatype(s): 
Bibliographies & Reports