Competitiveness of companies in the design, engineering and construction of nuclear power plants

Abstract

Increasing electricity consumption in the modern world makes the unique nuclear power market. It provides growing secured demand, specific external development factors. However, only four companies involved in the design, engineering, and construction of nuclear power plants (NPPs). The competitiveness of those companies included into M. Porter’s theory framework, but has its own characteristics. The purpose of the study is to determine the specifics of companies competitiveness engaged in the design, engineering, and construction of nuclear power plants, and assess the factors and prospects for their development. Besides, we define the theoretical base of international competitiveness with regard to the specific features of this economic sector, characterise the companies operating on the market, and build a model of the competitiveness formation of four representatives under the domestic factors of development. In conclusion, we will present the prospects for ROSATOM development in an internationally competitive environment. The models of competitiveness formation show the positive impact of investments in human capital, ESG agenda implementation, and long-term prospects of R&D projects. The research provides information for developing the theory of competitiveness and improving the company’s activities in this economic sector.