Nuclear Energy Index decreased 2.51 USD or 9.38% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Nuclear Energy Index.

Nuclear electricity generated in the United States cost 30.92 U.S. dollars per megawatt-hour in 2022. Production costs were highest in 2012, when they came to 51.22 U.S. dollars in 2022 prices, but have decreased ever since. Some 775 terawatt-hours of electricity is generated by U.S. nuclear plants every year. Capacity factor of nuclear power Among all the U.S. energy sources, nuclear power has by far the highest capacity factor and is dependable and efficient. In 2023, nuclear power reactors generated more than 93% of the electrical energy that could have been produced at continuous full power operation in 2023. Outage patterns and maintenance of nuclear plants Despite having a high capacity factor, nuclear plants experienced peak average daily outages of nearly 22 gigawatts in April and October of the last few years. These outages, planned for low-demand periods, reflect necessary refueling and maintenance. As of October 2023, the average duration of these refueling outages was 35 days, illustrating the balance between high operational efficiency and periodic maintenance required to sustain reliable performance.

Get the latest insights on price movement and trend analysis of Nuclear Energy in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Prices for Nuclear Energy Index - Lagerpris including live quotes, historical charts and news. Nuclear Energy Index - Lagerpris was last updated by Trading Economics this March 22 of 2025.

Nuclear energy remains the most capital-intensive energy source in the United States, with estimated costs ranging from 8,765 to 14,400 U.S. dollars per kilowatt in 2024. This high investment requirement reflects the complex infrastructure and safety measures needed for nuclear power plants. Despite the high costs, nuclear energy plays a significant role in the U.S. energy sector, accounting for around 20 percent of the country’s electricity generation in 2023. Cost comparison of U.S. energy sources While nuclear energy tops the list in capital costs, other energy sources present varying levels of investment. Offshore wind power, for instance, requires substantial upfront capital, with estimates ranging from 3,750 to 5,750 U.S. dollars per kilowatt. In contrast, utility-scale solar photovoltaic (PV) systems offer more affordable options, with capital costs between 850 and 1,400 U.S. dollars per kilowatt. These differences in capital costs contribute to the overall levelized cost of electricity (LCOE), which factors in lifetime expenses and energy production. Onshore wind energy and utility-scale solar PV boasted the lowest unsubsidized LCOE in the U.S. in 2024. Renewable energy trends in the United States The U.S. energy landscape is evolving, and renewable energy supply has grown significantly owing to federal policies that have made it more affordable. The Biden administration has bolstered clean energy projects, resulting in solar PV accounting for 66 percent of the total electricity capacity additions in 2024. The funds of the Inflation Reduction Act (2022) have also heavily boosted the domestic onshore and offshore wind sector. However, the renewable energy sector is projected to face challenges under President Trump, who has called for revoking IRA investments and slowing the growth in the country’s wind generation capacity.

Design certifications for nuclear power plants in the United States have one of the highest costs amongst the different types of nuclear licenses that are required in the country. As of 2023, nuclear power plant design certifications in the U.S. ranged in cost from 45 to 68 million U.S. dollars. This type of license also has the longest licensing duration on average.

According to Cognitive Market Research, the global Nuclear Energy market size is USD 33581.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 2.50% from 2024 to 2031.

North America holds the major market of more than 40% of the global revenue with a market size of USD 13432.48 million in 2024 and will develop at a compound annual growth rate (CAGR) of 0.7% from 2024 to 2031.
Europe accounts for a share of over 30% of the global market size of USD 10074.36 million.
Asia Pacific holds the market of around 23% of the global revenue with a market size of USD 7723.68 million in 2024 and will develop at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031.
Latin America market holds more than 5% of the global revenue with a market size of USD 1679.06 million in 2024 and will develop at a compound annual growth rate (CAGR) of 1.9% from 2024 to 2031.
Middle East and Africa holds the major market of around 2% of the global revenue with a market size of USD 671.62 million in 2024 and will develop at a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031.
The category with the most traction is electricity power generation. Nuclear power plants significantly contribute to electricity security since stable power networks are necessary to provide a consistent supply of energy.

Market Dynamics of Nuclear Energy Market

Key Drivers for Nuclear Energy Market

Rising Demand for Nuclear Energy and its Versatility will Fuel the Market Growth

One major element driving the expansion of the nuclear energy industry is the increasing demand for nuclear energy. Many nuclear power plants will be established in numerous nations throughout the projection period with the goal of lowering reliance on fossil fuel generation and carbon dioxide emissions. The shift to a cleaner environment and a more robust global economy may be made possible by nuclear energy's adaptability. Clean energy sources have seen tremendous innovation and cost reductions in recent decades. Over the past ten years, there has been a rapid technological and commercial development in the fields of concentrated solar power, photovoltaic, wind, hydro, portable geothermal, biomass, and solar power. Integrated systems that are more powerful than the sum of their parts may result from the synergistic fusion of nuclear energy with a variety of other energy sources.

Rising Technological Development Boosting the Market Growth

The need for energy has recently increased due to technological advancements used in daily activities. The increasing demand for clean electricity and the depletion of fossil fuel supplies are predicted to be the main causes of energy-related issues. Energy businesses and governments are encouraged to participate in the nuclear energy sector due to these concerns. The quickly rising need for energy, which might meet the need caused by the expanding infrastructure without negatively harming the environment, is predicted to fuel the industry's rapid growth. The market for nuclear energy is anticipated to rise as a result of the growing development of energy-related laws and rising public awareness of energy conservation.

Restraint Factor for the Nuclear Energy Market

High Cost of Nuclear Energy and Increasing Incidents May Restrain the Market Growth

Costs associated with nuclear power are frequently split into capital and operating expenses. Capital costs include those associated with site preparation, design, building, fabrication, commissioning, and finance. Operating costs include fuel, decommissioning, maintenance, and waste disposal. Compared to other energy sources like coal and natural gas, nuclear power stations have substantially higher start-up costs. Additionally, their yearly break-even costs are significantly greater than their annual operating expenses. Direct investment is declining due to fierce competition from renewable energy sources, and market expansion is anticipated to be slowed in some areas by nuclear power investments.

Covid-19's effects on the Nuclear Energy Market

Due to supply chain interruptions and the stoppage of numerous industrial processes, COVID-19 has had an impact on several industries. Most of the businesses shut down as a result of staff reductions. However, as a result of COVID-19, the market for nuclear power plants and equipment is gradually declining in the equipment segment. Both the supply and ...

Uranium decreased 8.70 USD/LBS or 11.92% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Uranium - values, historical data, forecasts and news - updated on March of 2025.

Graph and download economic data for Import Price Index (Harmonized System): Nuclear Reactors, Boilers, Machinery and Mechanical Appliances; Parts Thereof (IP84) from Dec 1992 to Feb 2025 about mechanical, appliances, parts, harmonized, imports, machinery, price index, indexes, price, and USA.

The global natural uranium market is experiencing robust growth, driven by the increasing demand for nuclear energy as a low-carbon power source and the ongoing expansion of nuclear power plants worldwide. While precise figures for market size and CAGR are not provided, considering industry reports and the influence of factors like government policies promoting nuclear energy and technological advancements in reactor design, a reasonable estimation places the 2025 market size at approximately $10 billion USD. This market is projected to exhibit a Compound Annual Growth Rate (CAGR) of around 5% from 2025 to 2033, reaching an estimated value exceeding $14 billion by 2033. Key drivers include the ongoing need for reliable baseload power, growing concerns about climate change and the resulting shift towards cleaner energy sources, and advancements in nuclear reactor technology leading to improved safety and efficiency. However, restraints such as fluctuating uranium prices, stringent regulatory requirements, and potential public opposition to nuclear power pose challenges to market growth. The market is segmented by uranium isotope (U-238, U-235, U-234) and application (military, nuclear power plants, others), with nuclear power plants currently representing the dominant application segment. Leading players like Kazatomprom, Cameco, Orano, and Uranium One are shaping market dynamics through their production capabilities and strategic partnerships. The regional distribution of the natural uranium market reflects the geographical concentration of nuclear power plants and uranium resources. North America, Europe, and Asia Pacific are significant market regions, with North America and Asia Pacific showing strong growth potential. The ongoing expansion of nuclear power infrastructure in several Asian countries, particularly in China and India, is a primary contributor to the expected market expansion. Competition among major players, coupled with technological advancements and government policies, will continue to shape the natural uranium market's trajectory over the forecast period. Further diversification of uranium supply sources and exploration efforts may alleviate supply-side constraints and stabilize prices in the long term.

The levelized capital costs of advanced nuclear energy generation in the United States are expected to stand at 60.71 U.S. dollars per megawatt-hour in 2027 and slightly decrease to 57.31 U.S. dollars per megawatt-hour in 2040. Operation and maintenance costs, and transmission costs are expected to remain almost the same in that time period. Total system levelized cost are forecast to amount to 85.3 U.S. dollars in 2040.

United States - Import Price Index (Harmonized System): Nuclear Reactors, Boilers, Machinery and Mechanical Appliances; Parts Thereof was 90.00000 Index 2000=100 in February of 2025, according to the United States Federal Reserve. Historically, United States - Import Price Index (Harmonized System): Nuclear Reactors, Boilers, Machinery and Mechanical Appliances; Parts Thereof reached a record high of 126.00000 in July of 1995 and a record low of 83.90000 in January of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Import Price Index (Harmonized System): Nuclear Reactors, Boilers, Machinery and Mechanical Appliances; Parts Thereof - last updated from the United States Federal Reserve on March of 2025.

China Producer Price Index: Mfg Good: Petroleum, Coking & Nuclear Fuel data was reported at 95.700 Prev Year=100 in 2024. This records an increase from the previous number of 91.700 Prev Year=100 for 2023. China Producer Price Index: Mfg Good: Petroleum, Coking & Nuclear Fuel data is updated yearly, averaging 105.000 Prev Year=100 from Dec 2002 (Median) to 2024, with 23 observations. The data reached an all-time high of 128.200 Prev Year=100 in 2021 and a record low of 78.468 Prev Year=100 in 2015. China Producer Price Index: Mfg Good: Petroleum, Coking & Nuclear Fuel data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IE: Producer Price Index.

China Nuclear Power: Selling and Distribution Cost: Year to Date data was reported at 0.061 RMB bn in Oct 2015. This records an increase from the previous number of 0.056 RMB bn for Sep 2015. China Nuclear Power: Selling and Distribution Cost: Year to Date data is updated monthly, averaging 0.035 RMB bn from Dec 2004 (Median) to Oct 2015, with 96 observations. The data reached an all-time high of 0.113 RMB bn in Dec 2012 and a record low of 0.003 RMB bn in Feb 2010. China Nuclear Power: Selling and Distribution Cost: Year to Date data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Utility Sector – Table CN.RCB: Financial Data: Electricity Production: Nuclear Power.

According to Cognitive Market Research, the global Nuclear Power Plant Equipment market size is USD 16.9 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031. Market Dynamics of Nuclear Power Plant Equipment Market

Key Drivers for Nuclear Power Plant Equipment Market

The demand for renewable energy is on the rise- A more dependable method of generating electricity on a large scale is nuclear energy, which is classified as pure energy. The transition to a purified world and a stronger global economy could be facilitated by the versatile character of nuclear energy. Rapid advances and cost reductions have been observed in renewable energy sources in recent decades. In the past decade, there have been significant technological and economic advancements in the fields of solar photovoltaic, wind power, hydropower, transportable geothermal (both deep and superficial), biomass, and concentrating solar power. Nuclear energy has the spirit to be synergistically combined with a variety of other energy sources, potentially resulting in integrated systems that are greater than the sum of their elements. The energy is generated through fission, which involves the separation of uranium atoms to liberate energy.
Increasing demand for energy security is anticipated to drive the Nuclear Power Plant Equipment market's expansion in the years ahead.

Key Restraints for Nuclear Power Plant Equipment Market

Long construction duration and elevated construction expenses poses a serious threat to the Nuclear Power Plant Equipment industry.
The market also faces significant difficulties related to increased expenses associated with the storage, transportation, and disposal of used petroleum.

Introduction of the Nuclear Power Plant Equipment Market

Various components and systems are employed in a nuclear power plant to generate electricity via nuclear reactions, which is referred to as nuclear power plant apparatus. Nuclear fission, a process that involves the fragmentation of an atom's nucleus, generates an immense quantity of energy that is turned into usable electricity by these power stations. The fuel rods and control systems are contained in the reactor, which is the principal piece of equipment in a nuclear power plant. The reactor is the primary component of a power facility and is the location of nuclear fission reactions. The fuel elements in the core are composed of fissile material, such as plutonium-239 or uranium-235. The controlled fission reactions generate heat. Materials that are capable of absorbing neutrons are used to construct control rods, which are responsible for regulating the rate of fission reactions in the reactor's core.

Graph and download economic data for Export Price Index (Harmonized System): Nuclear Reactors, Boilers, Machinery and Mechanical Appliances; Parts Thereof (ID84) from Dec 1992 to Feb 2025 about mechanical, appliances, parts, harmonized, machinery, exports, price index, indexes, price, and USA.

Over 75 percent of the total projected costs for nuclear electricity production in Europe between 2030 and 2040 were levelized costs of electricity (LCOE). LCOE for nuclear technology include the construction, operation, maintenance, and decommissioning of nuclear units. The climate costs was forecast to amount to only six euros per megawatt-hour of electricity produced, and health and accident costs were estimated to be marginal.

Societatea Nationala Nuclearelectrica stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

Indonesia Wholesale Price Index: Exports: Nuclear Reactor, Boilers, Machinery & Mechanical Appliances, Computers data was reported at 141.000 2010=100 in May 2019. This stayed constant from the previous number of 141.000 2010=100 for Apr 2019. Indonesia Wholesale Price Index: Exports: Nuclear Reactor, Boilers, Machinery & Mechanical Appliances, Computers data is updated monthly, averaging 124.940 2010=100 from Jan 2013 (Median) to May 2019, with 77 observations. The data reached an all-time high of 141.000 2010=100 in May 2019 and a record low of 105.050 2010=100 in May 2013. Indonesia Wholesale Price Index: Exports: Nuclear Reactor, Boilers, Machinery & Mechanical Appliances, Computers data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Inflation – Table ID.IB006: Wholesale Price Index: by Sector: Exports.

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Nuclear Reactor Construction Market Size 2024-2028

The nuclear reactor construction market size is forecast to increase by USD 9 billion at a CAGR of 3.2% between 2023 and 2028.

The market is experiencing significant growth due to several key trends. The increasing focus on clean energy technologies is driving the demand for nuclear power as a low-carbon energy source. Technological advances in nuclear reactor designs, such as small modular reactors and advanced pressurized water reactors, are making nuclear power more efficient and cost-effective. However, competition from other energy sources, such as wind and solar, and public perception issues related to safety concerns continue to pose challenges to the market. To stay competitive, market participants are investing in research and development to improve the safety and efficiency of nuclear reactors.
Overall, the market is expected to grow steadily In the coming years, driven by these trends and the need for reliable, low-carbon energy sources.

What will be the Nuclear Reactor Construction Market Size During the Forecast Period?

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The market is experiencing significant activity as aging infrastructure necessitates upgrades and potential replacements in numerous countries worldwide. Evolving safety standards and a focus on efficiency drive investments in this sector, which contributes substantially to global electricity production. With carbon emissions becoming a pressing concern, nuclear power remains a key player in low-carbon electricity generation. KEPCO Engineering & Construction and SKODA JS A are among the notable players in this market, executing new power reactor construction projects in over 30 countries. As energy demands continue to rise, the nuclear power programmes' importance In the global electricity mix is underscored. This information library provides insights into market dynamics, trends, and the role of nuclear power In the energy transition landscape.

How is this Nuclear Reactor Construction Industry segmented and which is the largest segment?

The nuclear reactor construction industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  PWR
  Others


Service

  Equipment
  Installation


Geography

  APAC

    China
    Japan


  Europe

    France


  North America

    US


  Middle East and Africa



  South America

By Type Insights

The pwr segment is estimated to witness significant growth during the forecast period.

The market is driven by the aging infrastructure requiring upgrades and potential replacements, as well as the increasing demand for low-carbon energy sources to meet rising energy demands and sustainability objectives. Advanced reactor technologies, innovative designs, and next-generation nuclear projects are attracting significant financial resources from investors. Evolving safety standards, efficiency improvements, and carbon emissions reduction are key factors influencing the market. The construction of new nuclear power reactors is a critical component of the world's electricity production, with over 30 countries having nuclear power programs. PWRs, which use separate circulation systems for the turbine and reactor, remaIn the dominant technology.

However, digitalization, automation, and enhanced project management are transforming the industry through the use of digital tools, precise planning, monitoring, resource allocation, and project timelines to minimize errors and ensure reliable operation. Despite the high initial cost and licensing challenges, nuclear power remains a dependable baseload generation source for many countries, particularly those experiencing rapid urbanization and government support. However, the financial risk and uncertainty associated with nuclear projects, as well as the widespread adoption of renewable energy sources, present challenges to the market's growth.

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The PWR segment was valued at USD 42.70 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 58% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The APAC region leads The market, driven by China, India, and South Korea's significant investments in nuclear power to meet escalating energy demands and decrease carbon emissions. China, the world's largest market, aims to expand its nuclear power capacit