THE Port of Tyne is aiming to win more work from the lucrative renewables sector at the industry’s biggest event being held this week in Scotland.
Around 300 organisations and 5,000 delegates working in the generation and supply of renewable fuels are at the three-day Renewable UK event in Glasgow, the biggest conference and exhibition of its kind in the world.
Steven Harrison, Port of Tyne chief operating officer, said: “The renewables sector is the focus of growth for the Port of Tyne and could be the key to bringing wider economic benefits to the whole of the North East region.
“We are building on our successes to date in renewable energies with a view to ensuring we have the infrastructure in place to meet the needs of potential new customers and investors.
“The location, connectivity, manufacturing skills base and immediate access to a mature logistics infrastructure means we have a very valuable and attractive proposition to offer.”
The port is already a big player in the offshore wind and wood pellet markets.
Harrison said: “At this stage we are talking to various potential customers and investors in both the wood pellet and offshore sectors.
“These are ambitious plans which involve significant investment in the port site and could result in the creation of hundreds of new jobs with even more created in the supply chain and indirectly in other businesses across the region.
“Being at this key event is one of the ways we will make sure that message gets across.” The Port of Tyne’s wood pellet handling facilities in South Tyneside are considered the most advanced in Europe and it is the UK’s top wood pellet importer.
The port is also aiming to become a hub for the emerging offshore wind farm industry.
In partnership with North and South Tyneside Councils and the North East Local Enterprise Partnership, it has created a major site for offshore wind turbine manufacturing, taking up 39 hectares of the North East Enterprise Zone.
Last year, the port doubled its profits to £9m and increased revenues by a third to £60m after seeing a 66% rise in the volume of cargo.
More than 450 people work for the port and its site, which stretches across more than 600 acres on both of the river, is home to more than 60 businesses.