Product category:
Power Industry Process News
News Release from: Renewables Northwest | Subject: Wind Energy Supply Chain Directory
Edited by the Processingtalk Editorial
Team on 11 January 2005
Power prospects for the UK green energy
sector
It's time for the Northwest UK to grab a bigger slice of the multi-billion, global green energy market, according to Renewables Northwest, the region's renewable energy champion
It's time for the Northwest to grab a bigger slice of the multi-billion, global green energy market, according to Renewables Northwest (RNW), the region's renewable energy champion And to help that industry to win a greater share of what is a fast-growing and dynamic market, RNW has produced a newly-expanded guide to the 184 companies in the Northwest that are perfectly placed to supply the big players in on- and off-shore wind power
This article was originally published on Processingtalk on 1 Aug 2003 at 8.00am (UK)
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Of the 184 companies featured in the 'Wind Energy Supply Chain Directory', 65 are already supplying parts, components and services to the wind industry, and together employ 5,000 people in the Northwest.
Globally, the wind energy market is growing by a staggering 25 per cent each year.
In the Northwest, the region's offshore wind farms alone account for £3 billion of investment.
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With one of the windiest coastlines in Europe, this is a healthy market that the region should attempt to dominate, according to RNW.
Said Helen Seagrave, Business Development Manager for RNW: "There really is an impressive level of growth in the renewable energy industry, and that's reflected in our need to bring out a second edition of our supply chain directory in just six months.
We've added dozens of new companies and expanded the guide considerably.
" The directory provides information on the growing range of products and the number of organisations in the Northwest that currently supply or are potential suppliers to the industry.
"Demand for the directory has easily outstripped supply, that's why we're producing a new guide so quickly." A supporter of RNW since 2003, John Crane (UK ), based at Trafford Park in Manchester, is not surprised at the agency's success.
The company manufactures lubricants and high-speed couplings, which connect a turbine gearbox to a turbine generator.
Peter Carlisle, Production Manager at John Crane (UK ) said: "We have no doubt at all that entering the wind energy market increases a company's sales revenues and provides financial stability - our predicted forecast for annual sales currently stands at three to four million pounds.
Since we joined RNW, sales enquiries have increased significantly.
We have met with at least seven potential national and international customers these are opportunities that would have been very difficult and expensive had we not joined." PPG Industries (UK) based in Wigan has been a supporter of RNW since 2002.
According to John Kettle, UK, Scandinavia and Ireland Sales Manager for PPG Industries (UK) : Fibre Glass Division, the promotional work of RNW has been of great value: "As the UK's only glass fibre manufacture supplying the raw materials for blades and turbines housings for the wind energy sector, we recognised the importance of RNW's work to promote the excellence of this specialised industry both nationally and global.
By working in partnership with RNW the region is forging ahead to become a centre of wind energy excellence that is unlocking new opportunities for the company and we forecast at least an eight per cent growth from this sector." The recently-ratified Kyoto Protocol will turn up the heat on green energy and energy-efficiency, with the UK having a tough target of cutting its emissions of carbon dioxide by 20 per cent before 2010 - a target that even environment minister Margaret Beckett has said will be tough to hit if we don't get serious about renewables.
The World Energy Council predicts that renewable energy will be worth £400bn between 2000 and 2010.
According to a government study released in January 2004, up to 35,000 jobs could be sustained by the renewable energy industry in the UK by 2020.
The study also showed that for every new megawatt of green energy produced, ten full time jobs would be created.
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