The Port of Tyne in north-east England has announced plans for a £150 million redevelopment project aimed at expanding its role in the UK’s clean energy and offshore wind sectors.
The proposal includes constructing a 400-metre deepwater quay and transforming 230 acres of industrial land into a clean energy park. The site is intended to support offshore wind operations and advanced manufacturing, according to a statement released by the port.
An independent economic impact study by consultancy WSP estimates the project could generate up to 12,000 jobs and contribute £5.6 billion to the UK economy.
“The potential for this site is huge,” said Kim McGuinness, North East Mayor. “It could generate thousands of clean energy jobs which will benefit the region in the long-term and further establish a real hub for renewables and offshore sectors on the bank of the Tyne.”
The proposed development lies within an industrial strategy zone that offers tax incentives similar to those available in designated freeports. UK Transport Secretary Heidi Alexander is among the public leaders backing the initiative.
Port of Tyne Chief Executive Matt Beeton said the site’s location near emerging offshore wind farms in the North Sea makes it strategically significant for the sector.
“Located close to emerging North Sea wind arrays, this nationally strategic site offers deep-water access and a major development footprint to enable the creation of world-class infrastructure to support a growing supply chain,” Beeton said.
The port authority said further details, including construction timelines and private sector involvement, would be outlined as the project moves forward.
