Posts tagged North East England

Train4TradeSkills News: The UK Geothermal Could Generate as Much Electricity as 9 Nuclear Power Stations

A new independent report published by Sinclair Knight Merz claims deep geothermal resources could produce 20% of UK’s electricity and the heat for millions of homes.  

Although, deep geothermal power is new technology in the UK, the sector has been growing internationally. In Germany, the deep geothermal industry employs 6,000 people and has attracted €4 billion of investment.

The new report shows that the recourse is widely spread around the UK and has the potential to provide 9.5GW of renewable electricity which is an equivalent to nearly nine nuclear power stations, the Renewable Energy Association (REA) said.

It has been forecast that in the UK, former mining regions like Cornwall, Yorkshire and the North East of England, including Northern Ireland and Scotland, could support valuable commercial projects*.

Ryan Law, Chair of the REA Deep Geothermal Group, emphasised the importance of geothermal investment for the UK industry and outlined significant benefits and commercial rewards for the geothermal sector.

Mr Law said: “We don’t want to be left out of a global industry which is estimated to be worth £30 billion by 2020. We could be at the forefront of this industry given the strength of British engineering skills. If the UK wants to seize a share of this booming global market we must prove our competence at home. Clearly investment at home could also go a long way to meeting our future energy needs cleanly and safely.”

What is your reaction on the widely spread geothermal energy resources across the UK? What the government could do better to accelerate those projects?  Share your thoughts by leaving a comment here or raising your voice on our Facebook page

*The resource set out in the report has been summarised as:

Cornwall and the South West

HEAT: 13,000 MWth – 6.5 million homes annual heat demand

POWER: 4,000 MWe (equivalent to 3.3 nuclear power plants)

 

The North East

HEAT: 9,000 MWth – 4.5 million homes annual heat demand

POWER: 4,000 MWe (equivalent to 3.3 nuclear power plants)

 

The Lake District

HEAT: 8,000 MWth 4 million homes

POWER: 2,300 MWe (equivalent to 1.9 nuclear power plants)

 

Wessex Basin

HEAT: 33,000 MWth 16.5 million homes

 

Cheshire Basin

HEAT: 14,000 MWth 7 million homes

 

East of England

HEAT: 12,000 MWth 6 million homes

 

Worcester Basin

HEAT:  6,700 MWth 3.35 million homes

 

Larne Basin

HEAT: 1,000 MWth 500,000 homes

The Building Sector Grows as Plans for the Largest Housing Scheme in the North East are Approved

Planning permission has been granted to the biggest North East housing redevelopment on the banks of the Tyne which will create hundreds of jobs in the building construction industry.

The project is part of the government’s scheme to build 16, 000 new homes across England to deal with the current shortage of affordable houses as well as to help first time buyers with lower interest rates.

The government has recently argued that making homes more affordable for first time buyers will increase demand in the housing market and will help the building industry to generate more revenue.

The North East housing redevelopment will bring more jobs to the region as more than 1,800 homes will be built over the next 15 years in the Scotswood area of Newcastle.

Key developers and house builders involved in the project include Barratt, Keepmoat and Yuill; they expect to start building work on the first 400 homes this summer.   The housing development will comply with Level 4 of the government’s Code for Sustainable Homes, which is higher than the currently required standard.

The government has said it will support first time buyers in their efforts to get on the housing ladder easier which will increase housing demand and generate more money in the building construction sector.

First time buyers will get support and funding from the Homes and Communities Agency’s FirstBuy scheme, which is part of the Government’s wider proposals to boost growth by simultaneously stimulating demand, tackling supply-side barriers and supporting local building priorities.

The New Tyne West Development Company, the private-public partnership formed by the builders and the city council, will be running workshops in coming months to help local firms and builders to bid for work on the development.

Businesses and building companies interested in the bidding process can contact Amanda Senior on 0191 226 7943 or email Amanda.senior@ntwdc.co.uk for further information.

What is your reaction on granting planning permission to the largest housing redevelopment in the North East? Do you think you/your business would benefit from the building construction work which will be done in future? Share your thoughts by leaving a comment below: 

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