Energy in the Cambridge Norwich Tech Corridor
Putting the power into Norfolk and Suffolk’s economy, the energy sector is key to growth in the region.
With expertise spanning energy generation and storage through to transmission and usage, and with an expansive and interconnected supply chain across innovation, manufacturing and service-related activities, the Tech Corridor is at the heart of this thriving industry.
Renewable sources of energy are playing an increasing role supplying the UK’s national grid, with more than a third of the country’s demand regularly being met by sources such as wind, solar and hydro. The Tech Corridor’s proximity to the ‘Energy Coast’ and existing strengths throughout the energy supply chain means it presents an opportunity to bring together and enhance the talent in the region and become a showcase for clean, smart energy technologies.
Major developments planned for the region include East Anglia ONE, a windfarm comprising 102 turbines which will be located off the coast near Great Yarmouth and Lowestoft. It is due to be up and running by 2020, and forms part of a £2.5bn investment by energy provider ScottishPower Renewables. It is hoped East Anglia ONE will provide enough power for 600,000 homes, and the scheme has the potential to spark more opportunities in this vibrant sector.