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Follow on Google News | Schott OFT Market Research SurveyHigh Capital Costs and Maintaining Public Confidence Cited as Greatest Challenges Facing European Nuclear Power Markets
By: Schott OFT The survey included more than 100 utilities, builders, consultancies, and regulators in Europe and precedes the annual Schott OFT Alternatives Conference. “While most of these challenges are traditional to the industry and likely always will be, they’ll likely be heightened as new units, particularly those using new designs, are built,” said Schott OFT (www.schott- A newer aspect to these challenges, Carol explained, is that reactor vendors and other suppliers competing for new export opportunities are exploring new ways of packaging deals as nuclear power programs are introduced in other countries. Industry supporters and detractors are expected to watch closely the first new nuclear projects in Europe to see how they fare as they encounter those political, financial, and regulatory-safety issues. When asked about the future of nuclear power capacity expansion in Europe, 80% of respondents said that nuclear power would succeed in gaining a larger share of the Continent’s overall power generation mix. “The sector is at a critical juncture, with opportunities for growth, but with key challenges and uncertainties that must be overcome in terms of regulatory structure, human resources, and financing arrangements in the next few years,” said one survey respondent. These and other topics will be discussed in depth at the two-day Schott OFT Alternatives Conference. Schott OFT (www.schott- About Us: Schott OFT (Options and Futures Trading) is proud to provide a full line of services to all commodity, futures and option traders, from currency trading to precious metals.Full- End
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