"Plant Life Extension (PLEX) and Plant Life Management (PLIM) for Nuclear Reactors - Global Market Size, Competitive Landscape and Key Country Analysis to 2025", is the latest report from GlobalData. The report covers the global Plant Life Extension (PLEX) market, and key drivers and restraints of the PLEX and Plant Life Management (PLIM) approaches. It provides a detailed study of the PLEX process and comprehensive information on the size of the PLEX markets worldwide. Key players and developments in the PLEX market are also covered, as well as the estimated market value for nuclear PLEXs in various countries.
The key drivers for PLEXs are the increasing demand for energy coupled with a need to avert huge capital costs associated with nuclear new-builds. North America has the biggest PLEX market, followed by Europe. Compared to other countries in the world, the US has seen the highest number of PLEXs. In Europe, although many PLEXs were planned, the Fukushima disaster has led to a significant number of cancellations. Some countries, including Germany, Belgium, and Switzerland, are now planning to phase out nuclear power altogether.