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Business & Economy

Port of Tyne invests £10 million to prepare for offshore wind

The Port of Tyne is making further progress to prepare its site for offshore wind manufacturers, investing almost £10 million in reclaiming 30 acres of land to make Tyne Dock Enterprise Park offshore ready.

The investment has been made ahead of round four of the tender process by the Crown Estate, which is responsible for awarding seabed rights for offshore renewable energy projects.

The Tyne Dock Enterprise Park is currently in the third phase of clearance and remediation, hoping to be ready just in time for the completion of the tender process.

The site offers easy access to deep-sea berths and is situated closer than any other port to seven of the world’s biggest offshore wind farms including Dogger Bank, Hornsea, Seagreen and Sofia.

Current works at the Port of Tyne include the demolition of a 2000 sq mtr elevated platform and ancillary work to further clear the site.

Matt Beeton, CEO of Port of Tyne, said: “Offshore Wind is a sector in which the North East has particular strengths and an area of strategic importance for the regional economy, with the potential to build on our already globally important offshore energy and subsea cluster.

“Tyne Dock Enterprise Park offers unrivalled access to the East Coast development sites, direct rail connectivity to Newcastle and an international airport, major road networks and multiple riverside berths.”

The Port of Tyne will be joining over 9,000 wind industry professionals in Copenhagen this November, as it attends the Wind Europe Offshore conference and exhibition