Engineer the next generation of nuclear power.

Engineer the Next Generation of Nuclear Power

 

Nuclear power sits at the centre of the global push for secure, low carbon baseload electricity, as countries look to extend the life of existing reactors while building new capacity to meet rising demand and climate targets. The sector spans the full fuel cycle, from uranium mining and enrichment to reactor construction, operation and eventual decommissioning.

This momentum concentrates around a handful of nuclear leaders.

  • The United States operates the world’s largest nuclear fleet, with 94 reactors generating close to 97 gigawatts of capacity, anchoring the country’s low carbon electricity supply.
  • France runs the world’s second largest reactor fleet, with 57 reactors in operation, and has committed to building at least six new generation EPR2 reactors to renew and expand its nuclear capacity.
  • Canada ranks as the world’s second largest uranium producer, supplying 13 to 15% of global output from some of the highest grade uranium deposits on the planet, in the Athabasca Basin.

Wherever they operate, nuclear companies face the same core challenge: extending the life of ageing reactors, building new capacity on time and on budget, and securing the fuel supply chains this transition demands. This is exactly where ABGi operates, helping companies across the nuclear fuel cycle, reactor design and plant operations secure R&D tax credits and innovation funding for their projects.

    Nuclear | ABGi

    Key Strategic and Operational Challenges for the Sector

    NEW BUILD DELIVERY AND COST CONTROL

    Delivering large scale reactor projects on time and on budget amid complex engineering and long construction cycles.

    REACTOR LIFE EXTENSION AND AGEING FLEET MANAGEMENT

    Extending the operating life of existing reactors safely while managing corrosion, component replacement and regulatory approval.

    NUCLEAR FUEL SUPPLY CHAIN SECURITY

    Securing long term access to uranium, enrichment and fuel fabrication capacity amid geopolitical supply concentration.

    SMALL MODULAR REACTOR DEVELOPMENT

    Advancing SMR and next generation reactor technologies from design through licensing to commercial deployment.

    REGULATORY COMPLEXITY AND LICENSING TIMELINES

    Navigating lengthy, rigorous safety approval processes across national and international regulatory frameworks.

    WASTE MANAGEMENT AND DECOMMISSIONING

    Managing spent fuel storage, radioactive waste disposal and the safe decommissioning of ageing nuclear facilities.

    Key figures for the sector 

    420GW

    Global nuclear power capacity at the end of 2025

    10%

    Share of global electricity generated by nuclear power

    78GW

    Nuclear capacity currently under construction worldwide, across 15 countries

    70Gt

    CO2 emissions avoided globally by nuclear power since 1971

    Focus on the 4 Strategic Levers

    Innovation

    • Research and development of small modular reactors and advanced reactor designs, including Generation IV technologies.
    • Development of next generation fuel cycles, including higher burnup fuels and advanced enrichment techniques.
    • Innovation in materials science to improve reactor component durability and radiation resistance.

    Operations & Performance

    • Optimising reactor availability and capacity factors through predictive maintenance and outage planning.
    • Managing complex, long cycle construction projects to reduce delays and cost overruns on new build programmes.
    • Strengthening uranium and fuel supply chain resilience against geopolitical and market concentration risks.

    Technology

    • AI and digital twins to optimise reactor operations, maintenance scheduling and safety monitoring.
    • Advanced simulation and modelling tools to accelerate reactor design, licensing and construction planning.
    • Robotics and automation for inspection, maintenance and decommissioning in high radiation environments.

    ESG & Sustainability

    • Advancing low carbon baseload power generation to support national decarbonisation and energy security goals.
    • Developing safe, long term solutions for spent fuel storage and radioactive waste management.
    • Scaling responsible decommissioning practices for ageing nuclear facilities reaching end of life.

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