Between now and 2022, India plans to build 39 reactors for a total of 45 Gwe. U.S. firms may wind up building about 10-12 GWe of the market in that timeframe as part of India’s massive new build.
The market will be divided up between U.S. firms, Areva, Russia’s Rosatom, and India’s drive to technology self-sufficiency with a 700-MW PHWR. Also, India claims it will start work in 2013 on two 500-MW fast reactors.
There are conflicting reports that India’s targets by 2022 have been reduced to as little as 14 Gwe. The economy is slowing down. India’s bureaucratic government, endemic corruption, and localized opposition could present huge frustrations, and costs, to American firms. Whether the market share they seek will be worth the price remains to be seen.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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