As a world leader in its sector, and the flagship company of the French nuclear power industry, Areva must defend certain commitments that allow it to remain competitive. However, it must also preserve its public image in the sensitive field of nuclear energy. It is also led, like most large groups, to maxizing of capital. Although it is still largely public, and thus shielded from private investors, the news in recent months bodes well for a significant change in the structure and funding of the leading French energy producer. The reorganization of nuclear power is on course to be a landmark achievement of the new Cabinet.
Government policies and the willingness of states to increase their energy independence (especially in relation to fossil fuels) are important drivers of global nuclear industry: last year, the number of construction projects regarding nuclear reactors has doubled from the previous year. However, some nations want to disengage from civil nuclear policy as may be the case of Germany, Sweden and Italy. These decisions are the result of a strong work influence of Green politics in these countries; this is particularly true for Germany with its powerful environmentalist political party "The Greens"!
The tax policies of certain countries for renewable energy can cause large-scale form of competition to nuclear energy. The IAEA is opposed to the military use of nuclear energy, but overwhelmingly supports the civilian use of nuclear power plants. Its goal is to develop nuclear energy for electricity generation in all member countries (currently 139 countries).
Currently, the world economy can no longer do without nuclear power.
Socio-cultural forces: Public opinion is largely opposed to nuclear power historically, whether for military or civil purposes: indeed, civil energy is a victim of the skewed image one has of nuclear power: danger linked to radiation and the harmful effects observed following accidents (Three Mile Island in the United States and Chernobyl in Ukraine). Moreover, nuclear power for military purposes has suffered from a negative image after Hiroshima.
Awareness by the international public regarding the harm caused to the environment, health and climate due to the massive consumption of fossil fuels is a strong element in boosting nuclear energy for the future. Although civil society considers nuclear energy useful, it remains cautious and reserved about the technology.
Tags: Nuclear Energy, Renewable Energy, Areva
[...] What are their respective influences on the sector? Potential new entrants to the nuclear market is a priori the Chinese state, through the transfer of technology he got from his supplier Westinghouse, and the Chinese can make their own future nuclear power plants. However, technological progress and recent progress in the construction of power plants, consider leaving behind China in the coming years . Note that some companies, anticipating the depletion of oil resources, are also ready to invest in nuclear power as is the case of Total. [...]
[...] but also to preserve its public image in the sensitive field of energy nuclear power. It is also required, as most of the major groups, know-recall in its capital. Although it is still widely public and therefore protected from private investors, the news in recent months bodes a significant change in the structure and financing of the French energy leader: reorganizing the nuclear industry is poised to be a construction of the new government. Analysis of economic forces affecting the industry (based on the model PESTLE): What factors influence the nuclear power industry worldwide? [...]
[...] Competitive Rivalry: Competitive intensity is even more strengthened in the field of nuclear energy as it moves towards the merger, the companies buy each other and are less numerous. On the other hand, there is a certain lack of product differentiation: a nuclear power reactor is a nuclear power reactor. The key success factors of success in this sector are: Research and development to stay at the cutting edge of technology; - Control of the entire value chain for cost control and risk management; - Reconciliation with some of its competitors to benefit from its own competitive / innovations benefits; - The freedom to make large investments in the short term and strategic alliances with private firms. [...]
[...] With nuclear power, France has reduced by 70% its emissions of polluting gases; it degrades the atmosphere less than other developed countries: tons of carbon gases emitted by people, against 11 tons for Germany and a European average of 8.15 tons. Furthermore, precautions surrounding the nuclear power are ten times more stringent than that surrounding oil production. Nuclear power is particularly controlled by state agencies but also international organizations such as IAEA, the International Atomic Energy Agency. Within the nuclear industry, what are the actors who influence Areva NP and its competitors? The French state has a direct influence on Areva NP because it has the status of public company. [...]
[...] Forces Socioculturelles : Public opinion is mostly historically opposed to nuclear power, whether in civilian or military purpose: collective memory and images attached to it are very hard against nuclear power. Indeed, the civil power is the victim of a corrupted image: dangerousness linked to radiation and harmful observed following accidents (Three Mile Island in the United States and Chernobyl in Ukraine). Moreover, the nuclear weapons also suffers from a negative image after Hiroshima. Awareness by international public opinion to be harmful to the environment, health and climate of the massive consumption of fossil fuels is a source of nuclear energy decisive for the future. [...]
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