Yorkshire and Humber plc 2013 - (Page 11)

Humber facts THE HULL AND HUMBER REGION COVERS MORE THAN 3,500 SQ KM AND IS HOME TO 921,200 PEOPLE THE REGION IS HOME TO THE LARGEST PORTS COMPLEX IN EUROPE, HANDLING 16 PER CENT OF ALL UK TRADE THE HUMBER’S CHEMICAL CLUSTER, WHICH INCLUDES BP IS THE SEC, OND LARGEST IN THE UK BUSINESSES IN THE REGION DELIVER ANNUAL TURNOVER OF MORE THAN £12BN THE HUMBER BRIDGE IS THE WORLD’S FIFTHLONGEST SINGLE-SPAN SUSPENSION BRIDGE, WITH ENOUGH WIRE IN THE MAIN CABLE TO STRETCH ONE AND A HALF TIMES AROUND THE WORLD Hull and the Humber Hull and the Humber was highlighted as one of the worst affected areas following the government’s austerity cuts. Serious concerns were raised about the ‘out on a limb’ region’s ability to cope with public sector cuts and rising unemployment. But many traditional industries are, in fact, thriving, and the region stands on the cusp of a renewables revolution. The Humber local enterprise partnership has secured an enterprise zone across a number of key sites on both sides of the river. It covers almost 1,000 acres and encompasses the key renewable energy sites in Hull and Able UK’s Marine Energy Park. The government has also granted enterprise zone status to the British Aerospace site in Brough to help offset the impact of 845 planned job losses. There are also a number of other commercial property developments in the pipeline including Wykeland’s £100m Bridgehead Park, which is a business park on 50 acres of land near to the Humber Bridge. A renewables revolution? The UK’s future energy requirements are vast, and it is likely that renewable sources such as wind and tidal power will have a major role to play. With Siemens planning a £200m wind turbine manufacturing facility in Hull and Able UK’s £470m marine energy and logistics park near Immingham on the South Bank, there is real momentum behind the sector in the region. The investments could create in excess of 10,000 jobs across the supply chain in the coming years as the Humber acts as the anchor for Yorkshire’s bid to become the renewable energy capital of the UK. Alongside wind, businesses in a number of other key renewable sectors are beginning to emerge including biofuels, waste-to-energy, biomass, solar and tidal. With so many next generation turbines being planned just a few miles from the mouth of the river, it is predicted that the wind sector will have the same impact on the Humber as oil had on Aberdeen. 11

Table of Contents for the Digital Edition of Yorkshire and Humber plc 2013

Yorkshire and Humber plc 2013
Economy at a Glance
In Focus… Yorkshire
In Focus… Leeds City Region
In Focus… Sheffield City Region
In Focus… Hull and the Humber
In Focus… York and North Yorkshire
International Trade
Knowledge and Skills
Food and Drink

Yorkshire and Humber plc 2013