BROWSE THROUGH OUR TRADE FAIRS IN UK FOR ENERGY INDUSTRY

The United Kingdom or UK is among the leading and central countries of the global energy industry. This is because the country features a comprehensive and high-value energy sector. It comprises more than 2 300 enterprises that represent the entire value chain. This includes upstream, midstream and downstream sections. It also includes sub-sectors such as nuclear, wind, smart grids, and energy storage. Such sections are often the result of the industry producing energy from diverse types of power generation sources. For example, in recent years, the country’s electricity was generated by 38.4% gas, 28.8% wind and solar, 14.7% nuclear, 12.7 other renewables, 1.7% coals and 3.7% other. This results in the employment of around 734 000 specialists throughout the energy industry of the UK. It also results in significant contributions to the country’s economy. For example, in recent years, the sector has reached turnover values of 190 000 000 000 USD (149 000 000 000 GBP). This totals 2.5% of the state’s GVA (Gross Value Added). The energy industry of the UK is also a sector with a chief focus on research and development. This is due to the significance of adapting the segment to the latest demands and challenges. As a result, the energy of the UK is a sector that often receives significant investments. For example, in recent years, it has received 7% of the country’s total expenditures. This totals 17 000 000 000 USD (13 000 000 000 GBP). It is also expected to receive more than 125 000 000 000 USD (over 100 000 000 000 GBP) in the upcoming years. Often, the industry displays its latest innovations during biannual trade expos. Such events attract tens of thousands of attendees.