While extending the life of existing reactors (LTO) is a powerful strategy, decommissioning (DECOM) is emerging as an equally significant market for nuclear innovation and investment. By the 2050s, over 300 reactors worldwide are projected to be retired. Europe alone has a backlog, with 60% of shuttered reactors awaiting decommissioning. This scenario presents a growing, $6–10 billion annual market for specialized companies that can tackle the complexities of dismantling and waste management.
Investment Hotspots in Decommissioning:
- Project Management and Digital Tools – Advanced solutions like PLM and AI-driven planning tools to streamline timelines and reduce DECOM project costs.
- Safety and Waste Handling – Innovative safety technology and transport solutions for radioactive waste, ensuring safe handling at every stage.
- Precision Dismantling Equipment – From cutting-edge drones and robotics to non-destructive testing, these tools can enhance safety, optimize costs, and reduce operational risks.
With a steady increase in reactors reaching retirement age, the DECOM market is set to be a mainstay in the nuclear sector. For those with a focus on tech-driven solutions, now is the time to capitalize on the world’s pressing need for safe, efficient, and cost-effective nuclear decommissioning. 🌍💡