Existing Nuclear Plants
Japan once derived 30% of its electricity from nuclear energy. That is before the Fukushima accident. After the tsunami and earthquake the reactors at Fukushima Daiichi were destroyed. Many of Japan’s reactors were even closed down. It is still believed that only 35 of the 50-something reactors will be up and running again within 5 years. This is hard to imagine since there was a point in time when the country was completely without nuclear power.
Advantages of using newly designed reactors include a more efficient use of fuel and a reduction in waste. This happens due to the fact that several new designs for fast reactors exist in which fuel is being recycled and a material other than water is being used as a moderator and or a coolant. There are three such technologies that French industry leader EDF (national electric utility company) has been in pursuit of creating. These include a gas-cooled fast reactor, a sodium-cooled fast reactor, and a very high temperature reactor. Not only is France developing new technology, but so is the United States and Russia. Russia is planning for four fast neutron reactors. The US is developing a reactor based in a high-temperature gas-cooled. India is also hoping for a similar plan and has a working plan toward using thorium as fuel.
See here our previous article about Industrial Valves and Actuators Market Analysis.