Nuclear/ Oil and Gas

Nuclear

Nuclear power, or nuclear energy, is the use of exothermic nuclear processes, to generate useful heat and electricity. The term includes nuclear fission, nuclear decay and nuclear fusion. Presently the nuclear fission of elements in the actinideseries of the periodic table produce the vast majority of nuclear energy in the direct service of humankind, with nuclear decay processes, primarily in the form of geothermal energy, and radioisotope thermoelectric generators, in niche uses making up the rest. Nuclear (fission) power stations, excluding the contribution from naval nuclear fission reactors, provided about 5.7% of the world's energy and 13% of the world's electricity The IAEA report that there are 437 operational nuclear power reactors in 31 countries, although not every reactor is producing electricity. In addition, there are approximately 140 naval vessels using nuclear propulsion in operation, powered by some 180 reactors, attaining a net energy gain from sustained nuclear fusion reactions, excluding natural fusion power sources such as the Sun, remains an ongoing area of international physics and engineering research. More than 60 years after the first attempts, commercial fusion power production remains unlikely before 2050.

Oil and Gas

Some 450,000 jobs throughout the United Kingdom were supported by the servicing of activity on the UKCS and in the export of oil and gas related goods and services around the world. The exploration for and extraction of oil and gas from the UKCS accounted for around 350,000 of these; this comprised 34,000 directly employed by oil and gas companies and their major contractors, plus 230,000 within the wider supply chain. Another 89,000 jobs were supported by the economic activity induced by employees’ spending. In addition, a thriving exports business is estimated to support a further 100,000 jobs. Industry predicted that over 50,000 new jobs would be created as new technology makes marginal fields more viable.
Whilst the oil and gas industry provides work across the whole of the UK, Scotland benefits the most, with around 195,000 jobs, or 44% of the total. 21% of the workforce is from South East England, 15% from the North of England, and 12% from the East of England . Each £billion spent on the UKCS supports approximately 20,000 jobs