SPONSORS OF REGIONAL FOCUS
Earlier in the year, Iain Wright spoke of the Chain Reaction Group, saying: “Offshore wind energy generation aims to deliver a quarter of the UK electricity needs by 2020. I think this industry will provide the main source of employment and prosperity for Teesside, and Hartlepool in particular, for the next fifty years, but we have to grasp the challenges and opportunities now. We can only achieve this goal through collaboration with private industry and public bodies and I therefore welcome the economic benefits and potential for new jobs that the Chain Reaction cluster could bring to our area.”
Paul Barker, development director, bulks and ports at PD Ports, commented: “Chain Reaction is an important collective voice, with members acknowledging that we need to work together to make our goal a reality. Teesside has the ideal skills, infrastructure and heritage to make this a success, as well as a deep sea port so critical to the huge scale engineering required for the offshore wind developments.”
TEES VALLEY ENTERPRISE ZONES In August PD Ports’ plans to develop a centre of excellence in the renewable energy sector at Hartlepool received a welcomed boost as the UK Government announced the creation of Tees Valley Enterprise Zones (TVEZ). Hartlepool is one of two sites for which PD Ports can apply to receive financial assistance for capital investments made by March 2015.
This is a very important step in creating real, long term investment and growth opportunities in the region, not to mention much needed jobs. Most recently, PD Ports has announced its application for regional growth funding has been accepted. The port operator will now need to go through a due diligence process to receive the funding to upgrade the port of Hartlepool in order to increase the prospect of attracting a major manufacturer in the offshore energy sector.
BOAT TRIP
Earlier in 2011 selected leaders in the wind energy industry were invited on a very interesting and informative boat trip which was arranged for promotional purposes. This was hosted by Paul Barker who gave us a rare insight into the workings of the port.
With the renewable energy requirements growing significantly in the UK, PD Ports is committed to ensuring it delivers a first class ports and logistics service in the renewable energy sector.
PD Ports
www.pdports.co.uk
www.windenergynetwork.co.uk
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