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Mining Blue Gold: The Impact of Sea Industries on Europe

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Mining Blue Gold: The Impact of Sea Industries on Europe

Mining Blue Gold: The Impact of Sea Industries on Europe

There is always money to be made on the new frontier. Sometimes it may feel like the Wild West, but that’s where the opportunity is. That’s why there are about a dozen private space companies vying for domination outside the Earth’s atmosphere. It’s also the reason that there is a rising tide on the deep blue sea, where billions are being made each year.

This infographic focuses on Europe in particular, where the United Kingdom is nautical miles ahead of anyone else in terms of developing sea-related industries. In fact, just the UK’s offshore oil and gas industry is larger than the total coastal output of any other EU country. At a staggering €36 billion per year, it is over 60% bigger than Greece’s entire coastal output of €22 billion.

Offshore oil and gas, as a whole, is the second biggest industry relating to Europe’s coasts. It generates 80% of Europe’s oil in total, but is expected to half by 2030. The biggest industry is transport for cargo and passengers at a total of €55 billion and 40% of costs go towards fuel.

Coastal tourism is the third biggest industry as a whole at €49 billion and employs about 1.6 million Europeans. It’s the biggest industry on the coasts of places like Italy and Spain.

Original graphic from: Technologist

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Energy

The World’s Biggest Nuclear Energy Producers

China has grown its nuclear capacity over the last decade, now ranking second on the list of top nuclear energy producers.

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A cropped chart breaking down the biggest nuclear energy producers, by country, in 2022.

The World’s Biggest Nuclear Energy Producers

This was originally posted on our Voronoi app. Download the app for free on Apple or Android and discover incredible data-driven charts from a variety of trusted sources.

Scientists in South Korea recently broke a record in a nuclear fusion experiment. For 48 seconds, they sustained a temperature seven times that of the sun’s core.

But generating commercially viable energy from nuclear fusion still remains more science fiction than reality. Meanwhile, its more reliable sibling, nuclear fission, has been powering our world for many decades.

In this graphic, we visualized the top producers of nuclear energy by their share of the global total, measured in terawatt hours (TWh). Data for this was sourced from the Nuclear Energy Institute, last updated in August 2022.

 

 

Which Country Generates the Most Nuclear Energy?

Nuclear energy production in the U.S. is more than twice the amount produced by China (ranked second) and France (ranked third) put together. In total, the U.S. accounts for nearly 30% of global nuclear energy output.

However, nuclear power only accounts for one-fifth of America’s electricity supply. This is in contrast to France, which generates 60% of its electricity from nuclear plants.

RankCountryNuclear Energy
Produced (TWh)
% of Total
1🇺🇸 U.S.77229%
2🇨🇳 China38314%
3🇫🇷 France36314%
4🇷🇺 Russia2088%
5🇰🇷 South Korea1506%
6🇨🇦 Canada873%
7🇺🇦 Ukraine813%
8🇩🇪 Germany652%
9🇯🇵 Japan612%
10🇪🇸 Spain542%
11🇸🇪 Sweden512%
12🇧🇪 Belgium482%
13🇬🇧 UK422%
14🇮🇳 India402%
15🇨🇿 Czech Republic291%
N/A🌐 Other2198%
N/A🌍 Total2,653100%

Another highlight is how China has rapidly grown its nuclear energy capabilities in the last decade. Between 2016 and 2021, for example, it increased its share of global nuclear energy output from less than 10% to more than 14%, overtaking France for second place.

On the opposite end, the UK’s share has slipped to 2% over the same time period.

Meanwhile, Ukraine has heavily relied on nuclear energy to power its grid. In March 2022, it lost access to its key Zaporizhzhia Nuclear Power Station after Russian forces wrested control of the facility. With six 1,000 MW reactors, the plant is one of the largest in Europe. It is currently not producing any power, and has been the site of recent drone attacks.

 

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