Energy

North East England Works for Energy

Home to the UK’s fastest growing energy sector, North East England has a worldwide reputation for excellence in oil and gas, subsea technology, marine engineering and offshore renewables.

Why energy firms choose to invest in North East England

  • A booming business and supply chain cluster, registering a 60% growth in the number of energy-related companies over the past four years
  • Outstanding access to market – we’re connected to the rest of the world via numerous international shipping channels served by the Ports of Blyth, Sunderland and Tyne
  • Our region is served by an international airport and an exceptional national rail network, allowing executive and workforce movement throughout the UK
  • North East England is around 140km from the UK’s largest planned offshore wind farm at Dogger Bank
  • A superb portfolio of high quality industrial development sites, all with easy access to deep water ports and many with Enterprise Zone benefits such as enhanced capital allowances for investment in plant and machinery
  • Highly skilled, available workforce – half of our region’s employment in the energy sector is in engineering and technical consulting
  • A fantastic array of world-class R+D and testing facilities such as the National Offshore Renewable Energy Catapult Testing facility, and the National Centre for Subsea and Offshore Engineering
  • Low cost base – our region’s labour costs for an engineer are nearly 15% lower than in Aberdeen and an energy R&D centre based here can make £2.5m in annual cost savings, compared to London (Financial Times Benchmarking Study)
World class investment location for leading industry names

Siemens Energy, EDF Energy Renewables, BEL Valves, GE Oil and Gas, SMD and Technip Umbilicals are just some of the world renowned companies based in our region.

Technip, for example, opened the world’s largest and most capable steel tube umbilical assembly plant in Newcastle in 2014, whilst SMD, one of the world’s leading manufacturers of remote intervention equipment has product manufactured on the Tyne  working in every ocean.

There are over 5,000 energy-related businesses in North East England, excelling in subsea and offshore technology, pipeline and trenching services, topside and subsea fabrication and decommissioning work and offshore wind capabilities.

The Government has officially recognised this, designating North East England a National Centre for Offshore Renewable Energy (CORE) for our exceptional port infrastructure, skills, supply chain and public sector support underpinning rapid sector growth.

Since 2005, £150m has been invested in delivering integrated research and testing facilities for the offshore renewables energy and marine industries.

Hundreds of acres of development land, much with Enterprise Zone status, are ready to welcome investors now, boasting superb road, rail and deep water berth access.

Sites include the Neptune Energy Park on the River Tyne, with enterprise zone designated development land available for energy firms and home to an existing cluster of specialist companies such as GE Oil and Gas and Bridon International.

Our superb deep water port facilities at the Port of Blyth, Port of Tyne and Port of Sunderland all offer state-of-the-art logistics solutions for the energy sector.

North East England has a highly skilled labour force to meet investor needs, and an impressive loyalty from students to their region and its businesses. This loyalty is achieved through a joint commitment between education and business, to mold work-ready graduates by giving them ‘real world’ experiences to guide them into their chosen field of expertise.

In 2014, 65% of North East students opted to stay and study here, making it much easier to recruit and retain local staff beyond graduation.

Our region also has one of the UK’s lowest labour turnover rates and offers exceptional specialist training facilities for investors to access.

Newcastle College’s Energy Academy offers qualifications up to degree level in energy technology, manufacturing, maintenance and apprenticeships.

Our four universities work hand-in-hand with our energy companies to drive forward cutting-edge sector research.

Durham Energy Institute, for example, has strong links with energy firms including Maersk, the world renowned energy giants. It provides academic expertise and access to data and funding in research areas such as renewables generation and carbon capture and storage.

A well-established network of sector support organisations offer a soft landing in our region for investors. NOF Energy, Subsea North East and Energi Coast support investors through networking events, industry intelligence, marketing and sector introductions.

Six reasons why...