Currently, about 15% of Britain's energy needs are met by nuclear power, a drop from 27% in the 1990s as older plants have been decommissioned and new ones are taking time to build.

Brent fell 9 cents, or 0.1%, to $78.47 a barrel, WTI inched up 11 cents to $73.52 a barrel.

The global oil demand growth forecast for 2024 remains unchanged at 2.2 mb/d, with the OECD growing by around 0.3 mb/d and the non-OECD by about 2.0 mb/d. The global oil demand growth in 2025 is expected to see a robust growth of 1.8 mb/d, y-o-y. The OECD is expected to grow by 0.1 mb/d, y-o-y, while demand in the non-OECD is forecast to increase by 1.7 mb/d.

Beijing’s agenda in the South China Sea may also be spurred by energy interests

Betavolt, which was established in April 2021, says its battery "combines nickel-63 nuclear isotope decay technology and China's first diamond semiconductor (4th generation semiconductor) module to successfully realise the miniaturisation of atomic energy batteries".

Globally uranium demand is expected to rise by 28% by 2030 and to double by 2040.

At the meeting of the Standing Committee of the State Council, chaired by Chinese Premier Li Qiang, approval was granted for units 3 and 4 at China General Nuclear's (CGN's) existing Taipingling nuclear power plant in Guangdong province, as well as units 1 and 2 at China National Nuclear Corporation's (CNNC's) new Jinqimen nuclear power plant in Zhejiang province.

The joint plans of Rosatom and the region include projects for the development of energy infrastructure and the construction of a shift village, landing strip, roads and sea pier, as well as the construction of the world's first low-power nuclear power plant with a Shelf-M reactor of up to 10 MWe.

По состоянию на 1 января 2024 г. объем ФНБ составил 133 407,3 млн долл. США.

Brent gained 28 cents to $78.16 a barrel , WTI rose 34 cents at $72.90.