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High Profile Events Driving Security Requirement
The number of nuclear new build projects is higher now than the last two decades. Although Asia is leading in numbers, the US has approved its first new build since 1970, and the United Kingdom, France, Finland and Poland are planning to build or are building new units creating continued opportunity for industry. With this overall rise in nuclear power use, comes the increased need for nuclear security. In short, the global nuclear security market is becoming increasingly important and a priority asset to warrant investment to ensure protection.
Aim and Scope of the Market Insight
The aim of this market insight is to assess the current state of the global nuclear security market; what it looks like, an overview of some of its key participants, and the key trends that are appearing in the market. In addition, any regulations and specific technology requirements will be assessed.
The scope of the insight is primarily the security of nuclear power generation sites and storage, although some key competitors engage in securing the safe transportation of nuclear material. Due to the nature and sensitivity of nuclear weapons facilities which largely fall under control of the military, involving important state functions as law enforcement and strict access control regarding information, they will not feature in this market insight.
Overview of Nuclear Security and Today's Nuclear Usage
'Nuclear Security' refers to the security of nuclear operations, nuclear maintenance and nuclear upgrades. It also covers contingency plans in the event of a nuclear or radiological attack. Protection of nuclear sites and materials remains a top priority for governments. The threat levels of a nuclear incident can have global repercussions as the aftermath of the Fukushima nuclear disaster shows. Highest levels of security and safety are required throughout the lifecycle of nuclear material—from transportation, storage, enrichment to commissioning and decommissioning sites. These present a range of opportunities throughout the value chain to the security industry.
Growing energy needs, in addition to fears over environmental degradation and reliance on overseas supplies of fossil fuels are bolstering the argument for increased use of nuclear power. The growing nuclear energy infrastructure will drive security requirements.
• China is proposing a huge increase in nuclear capacity toX– gigawatt-electric (GWe) by 2020; India's target is to add X to X new reactors by 2020.
• Communities in Finland and Sweden have agreed to the local construction of permanent removal sites for nuclear waste.
• International collaboration and trade in the field of nuclear science and technology is on the rise.
• A WNA (World Nuclear Association) projection shows at least 1100 GWe of nuclear capacity by 2060, and possibly up to XGWe, compared with X GWe today.
• The majority of this rise in nuclear power usage (more than X%) will be in countries which already employ nuclear power.
Rising Energy Demand and Continued Threat Levels
There has been increased debate regarding an impending nuclear resurgence. Ostensibly, the main focus of nuclear security will be power and energy for the foreseeable future. Rising population levels worldwide, combined with industrial expansion, will result in twice as much electricity consumption between 2007 and 2030.
Nuclear material used to provide clean energy remains an attractive prospect for many countries. In 2008, the IAEA projected nuclear power to remain at a % to % share of the world's electricity production through 2030. This is in part due to increasing global energy demands (with an expanding middle class) and rising fossil fuel prices, and in part due to the damaging environmental effects of carbon emissions from fossil fuels. With this increasing demand for cleaner nuclear energy comes an increasing demand for nuclear security, since technologies created to enhance everyday life can be used instead as mechanisms of aggression.
The shift from western demand driving most of the nuclear industry towards eastern demand has been perceptible for some time, however, the level of dependence on western companies to manufacture, although decreasing slightly, continues to be pivotal.
Countries are increasingly attracted to investments in civilian nuclear infrastructure, due to their long-term benefits where carbon-free energy is concerned. However, this increased interest in nuclear energy leads to an increased number of threats regarding nuclear security, including:
• A physical breach—access control a key issue
• A cyber security breach—globally, an increasing threat
• Anti-nuclear protests and activism—disrupts a facility's day-to-day operations
• Decommissioning— Theft of nuclear material is more likely during decommissioning
• Financial loss due to plants' loss of function
• Theft of nuclear material—to be used for criminal intent, i.e., in weapons
• Forced nuclear meltdown by restricting the facility's access to the electrical grid, thereby inhibiting the cooling towers' efficiency
• Forced facility shutdown—plants' rapid shutdown capabilities versus long delays in their re-starting
• Loss of power—whole cities' access to power being compromised
• Economic loss and negative reputation to country and site officer
In short, the global nuclear security market is becoming increasingly important and a priority asset of CNI to warrant investment to ensure protection. With increased market growth, more opportunities are created for the nuclear security industry.
Table of Contents
Aim and Scope of the Market Insight 3
Overview of Nuclear Security and Today's Nuclear Usage 3
Rising Energy Demand and Continued Threat Levels 4
Global Nuclear Security Market Scope 6
The National Nuclear Security Policy of the UK—Its Policy and Industry Action 10
Key Future Trends—Key Legislation and Policy 10
Commissioning of Protection and Security for Existing Facilities 13
Decommissioning of Protection and Security for Existing Facilities 14
Key Participants in the UK and US Industries 17
Cyber Security and Susceptibility of Nuclear Plants to Attack 17
Concluding Remarks—The Schism Between 'Safety' and 'Security' 18
Legal Disclaimer 20
The Frost & Sullivan Story 21
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