5th

Jun

LEP unveils plans for new Humber industrial strategy

Energy icon Energy

LEP unveils plans for new Humber industrial strategy feature image

The Humber Local Enterprise Partnership (LEP) is today launching ambitious plans to step up the region’s economic transformation at its Annual Business Summit.

 

LEP unveils plans for new Humber industrial strategy feature image

The LEP is seeking to agree an industrial strategy with ministers, setting out joint commitments between Government and local leaders to develop the Humber economy. The LEP has been tasked with developing the plan on behalf of the region.

Today the LEP published a prospectus for the industrial strategy, signalling that it was ready to start formal engagement with Government on its proposals and inviting local people, businesses and other organisations to give their views on the priorities.

The LEP also announced that the Government has agreed to accelerate the production of the Humber industrial strategy by six months, meaning that it will now be in place by the end of September. Engagement is set to take place across Whitehall over the summer. All LEP areas are due to have industrial strategies in place by the end of March 2020.

The proposals include:

  • A new ambition to reduce the Humber’s net CO2 emissions to zero by 2040, protecting strategically important industries and maximising benefits for local communities and businesses.
  • Making the Humber Energy Estuary a global leader in clean energy.
  • Delivering additional value from the Humber ports and increasing growth from engineering and assembly activities

Consultation on the prospectus will run until the end of July, with details available on the LEP’s website at humberlep.org/industrialstrategy

Lord Haskins, chairman of the Humber LEP, said:“The Humber’s transformation over recent years has been remarkable, but continuing that momentum will be hard. Our proposals are designed to achieve that. This is a bold plan which has been shaped by business, supported by our local authority partners, and I hope it will be well received.

“It is a distinctive approach, playing to the Humber’s strengths and looking at where we have the biggest opportunities for growth, but also a realistic one recognising that we cannot be the best at everything. At the heart of it is competitiveness – of individual businesses, places and the Humber as a whole.

“The decarbonisation agenda could be transformational for the Humber. We have clean energy, which we can generate a lot more of, an industrial cluster with sectors like steel, oil refining and chemicals that are vital to the UK’s strategic interests, and a geographical advantage. We also have the highest emissions in the country, which will need to be tackled for the UK to meet its international obligations. Bring all that together and we have a big opportunity to make what we have more competitive, attract new investment and create local business and community benefits. It can only be done in collaboration, across sectors and boundaries, and we will need Government to get behind it too.

“I hope businesses and other organisations in the Humber will take a look at these proposals and I look forward to hearing their thoughts over the coming weeks.”

Simon Bird, ABP Humber director, said: “The Humber Ports have for many years been at the forefront of driving growth in the regional economy as the gateway to trade. Our future industrial strategy is a fantastic opportunity to set out the Humber’s offer to the Government and other stakeholders about future growth, carving out our role in energy, ports and logistics and decarbonisation.”

Emma Toulson, lead stakeholder relations advisor at Ørsted, and heavily involved in highlighting the Humber’s leadership in offshore wind as part of the industry’s Sector Deal, said: “The Humber is in a global spotlight as we host many delegations coming to understand the transformational impact offshore wind is having in the region. From the Humber, we’re building the biggest offshore wind farms in the world, and have developed state-of-the-art facilities, technology and vessels to support this in Grimsby. Delegations from as far as America, Taiwan and Japan are interested to see a blueprint of how this clean-tech, growing industry can bring wider opportunities to the local area.

“The recently announced Sector Deal promises a healthy future for the industry, with enough capacity planned to generate a third of the UK’s electricity from offshore wind by 2030. We believe the Humber has a large role to play in this delivery and will benefit from opportunities both in direct jobs and in the supply chain.

“As a company with a vision to create a world that runs entirely on green energy we support the LEP’s ambitious plans to deliver a Low Carbon Humber Energy Estuary. It’s an exciting time and we look forward to being a part of realising this vision.”

latest print issue image

Enterprising Spirit

In this issue:

  • Back to 'school' with the innovative owners of Hotham's Gin
  • It's great to be back in the region, says Siemens's Finbarr Dowling
  • How Gateway Procurement could transform your business
  • Airkool's Rich Dawson on the aircon boom

Read issue 6 - free online

Advertise today - click here