The Fukushima nuclear disaster has set a new precedent for nuclear safety across the world, leading to the increased demand for condensate and feed water pumps, a new report by power intelligence specialists GlobalData has found.
The new report* indicates that, despite increased safety concerns, the growing demand for electricity and new emission abatement targets will continue to fuel the expansion of nuclear infrastructure and focus will instead shift to ensuring greater plant security.
Social acceptance for nuclear power has fallen dramatically since the Fukushima disaster in countries such as Germany, which announced a complete phase out of all its nuclear generation capacity by 2022. The Swiss cabinet ministry has also called for the decommissioning of the country’s five nuclear reactors and intends to replace them with new energy sources.
However, other countries have said that they have learned from the accidents in Japan and other such as Chernobyl, realizing the need to improve the design, construction, operation and maintenance of existing and future nuclear plants to avoid any future radiation leakage.
As a result, high demand from new and existing operational nuclear power stations is set to drive the growth of the condensate and feed water pump market. There are approximately 164 new nuclear reactors requiring condensate and feed water pumps scheduled to start commercial operation between now and 2020. Moreover, there are over 150 reactors whose condensate or feed water pumps will reach the end of their 30-35 year lifespan during this time, which will also lead to significant demand for replacement pumps.
Condensate pumps are designed to pump the condensate accumulated in the condenser to low-pressure feed water heaters, increasing the pressure of the condensate from vacuum levels to around 350 pounds per square inch (psi). The condensate is further passed to the feed water pump by way of increasing the pressure to the required level.
Nuclear feed water pumps transport feed water to a steam generator and are designed to increase the pressure of the condensate from 350 psi to approximately 1,200 psi. During large power uprates, the feed water pumps are re-rated or replaced, which results in increased power output from nuclear units.
NOTES TO EDITORS Nuclear Condensate and Feed Water Pumps - Global Market Size, Pricing, Regional Analysis and Competitive Landscape to 2020
The report covers the development and growth trajectory of the global nuclear power industry, as well as the demand for condensate and feed water pump equipment. It provides comprehensive information on the size of the markets for condensate and feed water pumps used in nuclear power generation facilities worldwide. Demand and revenue forecasts for condensate and feed water pump units used in commercial nuclear power facilities across the world are also given.
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