Powering the UK economy
The East of England Energy Zone – centred on Great Yarmouth and Lowestoft – is a globally important cluster of expertise in clean and renewable energy. It helps produce around 20% of the UK’s energy, predominantly from nuclear (Sizewell), North Sea gas (the Bacton terminal handles a third of the UK’s gas supply) and offshore wind. There is also a growing skills base specialising in solar and biomass.
Great Yarmouth has the world’s largest concentration of offshore wind projects within 100 miles. This has helped it become England’s number one port for offshore operations and maintenance support (and second only to Aberdeen in the UK). Its deep-water outer harbour, managed by Peel Ports, has more than 1km of quayside, which can accept vessels up to 220m long with up to 10.5m draught at all states of tide.
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The East of England energy sector has been a major employer of highly skilled technicians for 50 years and now generates £3.6bn a year of turnover. This supports a diverse and dynamic supply chain, including specialist decommissioning services for oil and gas installations and state of the art operations and maintenance facilities for the offshore wind sector. Four major offshore helicopter operators fly from Norwich International Airport, carrying over 100,000 people a year to Southern North Sea installations.
A strong collaborative culture between project owners, suppliers and contractors helps deliver flexible and cost effective services. The East of England Energy Group (EEEGR) now has more than 300 members, including development, installation, operations and maintenance businesses. It has worked with the University of East Anglia to create a specialist degree in Energy Engineering with Environmental Management. It is also supporting the proposed East Coast Institute of Technology for Energy Skills.
Great Yarmouth and Lowestoft both have Enterprise Zones that offer business rates relief, simplified planning and superfast broadband. Companies looking to invest in the region can seek financial support from the New Anglia LEP, including grants of up to £500k from its Growing Business Fund.
For advice on suitable property and locations in the region, please contact Locate Norfolk.