Technologically out of the game

The European nuclear power industry is suffering hardship. Industry leaders such as French company Areva faced serious financial losses in 2014. The German withdrawal from the nuclear energy program is one aspect of the current crisis. Michael Kruse, leader of the Arthur D. Little Energy Practice, points out that demolition and disposal are the main future topics of the nuclear industry in Germany. Those fields are still lucrative, as they represent a market volume of more than €120 billion. Experts highlight that German companies are not going to be part of the global nuclear mainstream, and therefore will not benefit much from the challenges ahead. Kruse believes that the German nuclear industry faces two main problems: Over-aging of experts and lack of young nucleonics experts. With those issues it will hardly be possible for local enterprises to play major roles in the global nuclear security business of the future. The leading technological position may soon be lost.

Technologically out of the game

The European nuclear power industry is suffering hardship. Industry leaders such as French company Areva faced serious financial losses in 2014. The German withdrawal from the nuclear energy program is one aspect of the current crisis. Michael Kruse, leader of the Arthur D. Little Energy Practice, points out that demolition and disposal are the main future topics of the nuclear industry in Germany. Those fields are still lucrative, as they represent a market volume of more than €120 billion. Experts highlight that German companies are not going to be part of the global nuclear mainstream, and therefore will not benefit much from the challenges ahead. Kruse believes that the German nuclear industry faces two main problems: Over-aging of experts and lack of young nucleonics experts. With those issues it will hardly be possible for local enterprises to play major roles in the global nuclear security business of the future. The leading technological position may soon be lost.