Key Market Indicators
LONDON — British nuclear power consumption is projected to decline over the next five years, with figures expected to drop from approximately 0.41 exajoules in 2023 to around 0.37 exajoules by 2028. This represents an average annual decrease of about 1.7%. This trend is consistent with a long-term reduction in nuclear energy demand in the UK. Since 1970, the country's demand for nuclear power has decreased by an average of 7% each year. The ongoing decline in nuclear power consumption raises questions about the future of the UK's energy strategy and its implications for energy security and environmental goals.
