Published on 5 Jan 2023 on Insider Monkey via Yahoo Finance
In this article, we will discuss the 15 Biggest Nuclear Energy and Reactor Companies in the World. You can skip our industry overview and go directly to the 5 Biggest Nuclear Energy and Reactor Companies in the World.
Nuclear energy has been in the conversation lately partly due to its ability to provide clean energy as the world transitions to zero emissions but also in part due to the rising geopolitical tensions around the world. The conflict between Russia and Ukraine has increased concerns around geographic sovereignty, with countries like Belgium and Japan declaring to prolong the lifetime of their nuclear plants.
Although the use of nuclear weapons in war situations is certainly an issue of concern for the world, the use of nuclear energy for the production of energy is a more refreshing concept. Nuclear power facilities emit almost no greenhouse gases, and in the last five decades, around 70 gigatonnes of carbon dioxide emissions have been avoided by using nuclear power. The amount of carbon dioxide emission per unit of electricity through nuclear power plants is equivalent to one-third compared to solar power. In support of the struggle for a zero-carbon world, more than 200 countries vowed to a phasing down of coal for energy use at the CoP26 climate summit in 2021, and as the transition occurs, nuclear power will continue to get further traction among climate activists.