China’s power consumption will increase by around 6% in 2023 (after an estimated 3.6% increase in 2022) and that the country will instal around 250 GW of new capacity during the year.

China’s National Energy administration (NEA) has announced that the country’s installed capacity increased by nearly 8% 2022.

The United Arab Emirates (UAE) also decided to invest $30bn in South Korea's industries, South Korea's presidential office said.

The lower throughput came as China's GDP expanded 3% in 2022, NBS data showed, lower than the government's annual target of about 5.5%.

With India becoming the largest buyer of Russian crude in late 2022 and China posting close to double-digit growth in Russian inflows over January-November, refiners in South Korea, Japan and Thailand are finding it easier to procure term and spot crude supplies from Middle Eastern producers,

China's natural gas imports also fell, by 9.9% to 109.25 Mt in 2022 (121.26 Mt in 2021). LNG imports dropped by 19% to 64.13 Mt in 2022 (79.3 Mt in 2021). Similarly, China’s coal imports fell 9.2% to 293.2 Mt in 2022 (335 Mt in 2021).

That would take consumption to an all-time high of about 16 million barrels a day, the survey showed.

China's LPG imports over January-November 2022 rose 7% on the year to 24.2 million mt, led by supply from the US, the UAE, Oman, Qatar and Saudi Arabia, customs data showed.

In July, the government laid out a new energy policy which aims to maintain nuclear's share of the country's energy mix at a minimum of 30% by 2030.

LNG deliveries to Europe have helped ease an energy crisis this winter after Russian piped supply slumped.

DOE noted the significance of the Government of Japan’s announcement of its “Draft Future Nuclear Energy Direction and Action Guidelines” in December 2022.

Seaborg's design is for modular CMSR power barges that can produce between 200 MW and 800 MW of electricity, with an operational life of 24 years.

Under the new policy - which describes nuclear power as "a power source that contributes to energy security and has a high decarbonisation effect" - Japan will maximise the use of existing reactors by restarting as many of them as possible and prolonging the operating life of aging ones beyond the current 60-year limit.

The deals come as Japan’s government is reevaluating how it can enhance energy security in the face of a fuel crunch at home. Global LNG supply is slated to remain tight for years, which threatens to increase import costs and add to rising inflation.

По оценкам МАГАТЭ, к 2050 г. установленная мощность АЭС во всем мире вырастет до 873 ГВт, что на 10 % больше, чем агентство ожидало в прошлогоднем прогнозе. По данным МЭА, к 2030 г. выработка АЭС в мире вырастет на 16–22 % и на 38–65 % к 2050 г.