The Port of Tyne is embarking on an ambitious project with the proposed development of the Tyne Clean Energy Park, a new terminal focused on green energy that is projected to create up to 12,000 jobs. This initiative is set to transform a substantial 230-acre site in the regions of North and South Shields into a major hub for offshore renewables, clean energy, and advanced manufacturing, with an investment of £150 million.
CEO Matt Beeton emphasized the importance of advancing these sectors, labeling it a “national priority” that requires immediate action. The development plan involves significant redevelopment on both banks of the port, accentuated by the construction of a 400-meter deep-water quayside, which will enhance the infrastructure necessary for the expansion of a burgeoning supply chain catered to green energy.
Located strategically near the North Sea wind arrays, the Tyne Clean Energy Park is expected to offer “world-class infrastructure” that supports the evolving clean energy landscape. Furthermore, this park will operate under an Industrial Strategy Zone, which mirrors benefits akin to freeports, including business rate reliefs and enhanced capital allowances designed to stimulate economic growth.
The port has already made headway in its redevelopment by investing £6 million in the initial phase, which featured the creation of a dedicated berth and a sizable warehouse at Howdon Quay. North East Mayor Kim McGuinness expressed optimism regarding the port’s expansion, referring to it as a pivotal moment for establishing northeast England as a leader in the green energy sector. She anticipates that the site will not only generate thousands of jobs but will also solidify the region’s reputation as a hub for renewable and offshore energy sectors along the Tyne.
As the project progresses, local communities and stakeholders are encouraged to engage with updates via BBC North East’s social media platforms.
