Will the Japan Disaster Threatens Nuclear Industry?
The explosion at the reactor first, second, and third at the Fukushima Daiichi nuclear complex, Japan, has brought back attention to the viability of nuclear power. The explosion that triggered the failure of the cooling system caused by the earthquake and tsunami that has caused investor anxiety and the perpetrators of the nuclear industry. No exception, the countries that are planning development.
The Japanese government has assured its people that the health hazards posed by the release of radioactive steam was very low. Thick retaining wall reactor seems to be in good condition, so it is not clear impact on health, environment, and the future of the industry.
For decades, Japan’s nuclear power safety record no doubt. In fact, nuclear power proponents often refer to Japan – which is located in the Pacific ring of fire, where earthquakes frequently occur.
Japan considered to have been able to develop a series of good strong nuclear utilization of designing, manufacturing, construction, operation, to maintenance.
Impact on the Nuclear Industry
Concerns over global warming and energy demand in recent years has brought about a nuclear revival. A total of 56 nuclear reactors built in 2010, where the Asia Pacific region including China, India, Korea, and Taiwan has more than half of these projects.
Several other countries in the oil-rich Middle East, the developing countries in South Asia and Asia Pacific, as well as developed countries in North America and Europe have developed a serious plan of building nuclear plants.
This shows the future of some players such as nuclear giant Areva, GE-Hitachi, and Toshiba-Westinghouse looks very bright. Other global players including Doosan of Korea, Russia’s Rosatom hopes to reach an agreement with local authorities.