LOW CARBON SECTOR Environmental and new energy technologies are amongst the fastest growing sectors in Liverpool, and the city is uniquely positioned in terms of its strong physical assets and business capabilities to offer significant potential to become a global leader in low carbon energy innovation. The Liverpool City Region is a designated Centre for Offshore Renewable Engineering (CORE) - one of only six such Centres nationally, with proposals being advanced for the development of a National Technology Innovation Centre for off-shore renewable energy within the Region.
What are the Opportunities within the Low Carbon sector? Liverpool City Region’s low carbon economy centres on the four key areas of energy, networks, transport and buildings. Liverpool lies close to the City Region’s greatest growth opportunities including the Port of Liverpool and its developing post panamax facility, two international airports, and easy access to the national motorway networks. Liverpool’s strong physical assets and business capabilities include: •
Deep water port facilities close to offshore wind farm development zones
Over 150 hectares of prime quayside development sites.
Expertise in ship building, fabrication, manufacturing and engineering
Highly developed transport and logistics infrastructure
A large talent pool from one of the UK’s largest catchment populations
A significant scale of pipeline/proposed new development - both residential and commercial, offering a potential high customer base load for district heating and cooling networks.
RES is developing a renewable energy power station fuelled by wood-based biomass at Alexandra Dock, working closely with Peel Ports at the Port of Liverpool.
Liverpool and its City Region is home to around 400 low carbon sector related businesses employing nearly 9,000 staff
High quality, well connected industrial space typically ranges from £2.50 - £4.50 per sq ft before incentives.
KEY INDUSTRY FEATURES Offshore Wind: With 5GW of offshore wind planned for the Irish Sea zone, and existing wind farm operations in Liverpool Bay and the North Wales coast - Burbo Banks, Rhyl Flats, Gwynt y Mor and North Hoyle, Liverpool presents a major industry opportunity for turbine manufacturers, installers, infrastructure development and maintenance companies. Tidal: The Mersey Estuary has the potential to be a flagship scheme in Europe for renewable energy with one of the largest tidal ranges in Europe and a commitment from local private and public sector stakeholders to develop the scheme. Heat Networks: The viability of combined heat and power/ district heating systems is dependent on the density of heat demand and with a development pipeline of over £5.5 billion for Liverpool proposed for the coming years the area offers significant customer demand base of opportunities. Retrofitting: There are a significant number of dwellings in the social rented sector in Liverpool, and whilst efforts have and are being made to improve their energy efficiency, huge opportunities remain in the sector. In addition, there are similar levels of retrofit opportunities to commercial and industrial building stock, centred on insulation, lighting, heating and ventilation, and building controls.
CAN YOU GET THE SKILLED PEOPLE YOU NEED? Access to skilled people is one of the core strengths of Liverpool. With a population of just over 1.5 million people, and a working population of nearly 1 million, companies locating in the city can access a considerable pool of labour. In addition, over 6.2 million people live within an hour’s drive time of the area. It is estimated that there are over 9,000 people already employed in the low carbon sector within Liverpool. The average unemployment level in Liverpool is 5.6%, a little higher than both the North West and UK average. The local unemployment level means that there is a sustainable pool of labour available to new companies locating to the area. The slightly higher unemployment tends to place less pressure on wage rates, skills and potentially may improve staff retention rates.
The Liverpool City Region is home to two University Technical Colleges specialising in developing related low carbon and engineering technology skills. The Liverpool Low Carbon and SuperPort University Technical College will deliver a mix of academic and technical education around engineering and logistics and the skills necessary to drive forward the low carbon economy and growth around the SuperPort. In addition, the Wirral University Technical College will specialise in delivering engineering-related training and skill development.
Can you get the research support you need? The city has world class low carbon research capabilities including: The Stephenson Institute for Renewable Energy (University of Liverpool) - this Institute brings together energy-related research activities from across the University to focus on developing clean and sustainable energy technologies including wind and marine energy, photovoltaics, carbon capture and storage, and energy transport. The National Oceanographic Centre (NOC) at the University of Liverpool which conducts world-class research into a variety of marine science issues, including marine technologies, sea level change, oceans role in climate change. LJM Maritime Academy’s Logistics Offshore and Marine Research Institute has established a worldwide reputation in risk and safety management, decision support systems, and logistics.
HOW COST EFFECTIVE IS A LIVERPOOL BASE? Locating your business in Liverpool will give you an immediate competitive edge: •
UK government data estimates that wages in Liverpool are lower than the national average for low carbon related activity.
In terms of commercial property, Liverpool and the city region has a wide choice of cost effective property options and site investment opportunities for you to choose from. Liverpool currently enjoys the lowest net effective rent of any key UK city location, which will give you a significant rental saving. High quality, well connected industrial space typically ranges from £2.50 £4.50 per sq ft before incentives. Liverpool offers a broad portfolio of incentives to inward investors as well as being a leading location for raising finance. Incentives include business growth grants, training grants, numerous loan and equity funds as well as a comprehensive, free of charge recruitment package. Broadband is key to the continued growth of Liverpool’s thriving economy, and Liverpool has world class connectivity and a reputation for pioneering innovative systems.
Who else has already recognised the opportunity?
How easily can company staff and customers visit LIVERPOOL? •
Wherever your customers are based and no matter which of your offices need to stay connected to Liverpool, the city is easy to reach.
London is 2 hours away by train - and just as importantly there are train services every hour.
Liverpool is also connected to by direct rail services to Manchester, Birmingham, Leeds, Sheffield, Nottingham and others - and of course by motorway the central belt of Scotland, Newcastle, Bristol are all within 4 hours drive time.
For international connections there is a choice of both Liverpool and Manchester airports which are both within 45 minute drive time.
Between the airports there are flights offered to virtually every European country as well as scheduled flights to the US (New York, Chicago, Atlanta, Philadelphia and Orlando); Canada; Middle East and Singapore.
Once here Liverpool can boast the range of hotels, restaurants, nightlife, culture, events, shopping and attractions that you would expect from a major international city.
Liverpool and its City Region is home to around 400 low carbon sector related businesses employing nearly 9000 staff and contributing annual sales of £1 billion and GVA of £435 million. Liverpool’s major strengths include offshore and onshore wind, smart grids, energy and waste management, water and wastewater treatment and environmental consultancy. Energy companies such as Dong, Peel, Veolia, Clarke, and ACAL are located within the region, together with Nanoco Technologies Ltd, ABB Ltd, and RWE Dea, to name but a few. RES, one of the world’s leading independent renewable energy project developers, are due to commence development of a 150MW wood-based bio-mass power station at the Alexandra Dock at the Port of Liverpool. The power station will be 150MW in size with the potential capacity to generate between 750 and 1,000GWh of renewable electricity a year.
APPROXIMATE ROAD JOURNEY TIMES*
APPROXIMATE RAIL JOURNEY TIMES*
Cardiff 3hrs 32min Birmingham 2hrs Bristol 3hrs 11min Edinburgh 4hrs 5min Glasgow 3hrs 40min Hull 2hrs 11min Leeds 1hr 18min London 3hrs 30min Manchester 46min Newcastle 3hrs Nottingham 2hrs 8min Plymouth 5hrs 6min Sheffield 1hr 42min Southampton 4hrs 10min
Cardiff 3hrs 40min Birmingham 1hr 30min Bristol 3hrs 20min Edinburgh 3hrs 24min Glasgow 3hrs 30min Hull 3hours 13min Leeds 1hr 47min London 2hrs 8min Manchester 48min Newcastle 3hrs 23min Nottingham 2hrs 38min Plymouth 5hrs 37min Sheffield 1hr 43min Southampton 4hrs 37min
* Source: AA
* Source: National Rail Enquiries
8 million people, 13% of the UK population live within 50 miles of Liverpool*
20.5 million people, 33% of the UK population live within 100 miles of Liverpool*
* Data source ONS mid year estimates 2010
Can senior staff relocate? •
Liverpool can offer city centre living or a selection of coastal, suburban or countryside residential locations. House prices offer tremendous value - average house prices are half the price of the average for the South East of England. Across Liverpool there is a range of high quality education establishments. The Liverpool Blue Coat School is one of the 50 highest performing state schools in the country and Merchant Taylor’s Liverpool is one of the 100 highest performing independent schools. Of course there are also Further and Higher education establishments notably the University of Liverpool and Liverpool John Moores University.
Outside of all the usual city centre activities, Liverpool is perhaps unusual with the coast offering a range of opportunities for water sports, the Lake District, Snowdonia, Peak District and Yorkshire Dales National Parks all within 2 hours drive.
The city has several theatres, two Premier League football teams and the City Region is unique in England as an area with 2 Open Championship golf courses.
Is there support to help you establish easily? •
By locating to Liverpool, your business can benefit from tailor-made support available free of charge to help enable your operations to be established efficiently and effectively. Liverpool Vision’s role is to help set out what you need to make your investment happen and address any concerns that may arise as your plans progress. Generally this will mean Liverpool Vision providing the information that can build the business case - typically (but not limited to) information on the availability of people, property, finance, research opportunities and suppliers; and the cost of each of these various elements.
In some cases, it may be that your project qualifies for some support from public funding and we can also assist with the identification of any suitable routes for this support.
As the project progresses we can help ensure that the implementation of the project goes to plan and introduce you to the wider network of professional organisations across the city that can help ensure that you prosper into the future.
activities and are one of Liverpool’s oldest major companies. Other companies with a significant presence in Liverpool and the wider region include Princes Group, Johnson Controls, Unilever and many others. The Port of Liverpool is a major success story - the largest UK container port on the west coast; a major new (£300m) post-panamax vessel in river berth terminal; further investment in port facilities and road, rail, inland waterway multi-modal facilities; and already a location for 5 of the 6 largest global shipping lines. Investment in the city continues with perhaps the UK’s largest regeneration project, Liverpool Waters, extension of the Arena and Convention Centre, the redevelopment of the Royal Liverpool Hospital and associated Bio Innovation Campus, a major bridge project creating a second crossing of the Mersey, further investment in broadband infrastructure and the on-going investment in offshore wind and oil and gas in Morecambe Bay. Collectively these pro-jects have an investment value in excess of £7 billion. All in all, there has never been a better time to move business into Liverpool. The Liverpool City Region generates £23bn in economic output every year and in the last decade Liverpool was one of the UK’s fastest growing cities recording a 39% increase in output - the city is vibrant, dynamic and alive with opportunity.
What Next Liverpool is known for its distinctiveness, friendliness, passion and pride - we are waiting to hear from you to demonstrate our offer and answer many of the other questions that you may have concerning our great city. Email or telephone the contact points to help and we look forward to working on your plans with you. Email firstname.lastname@example.org or telephone 0151 600 2961 for help and we look forward to working on your plans with you.
What is happening in the wider local economy? Outside of the low carbon sector there are lots of other things going on across the city economy. There are many major companies investing here including Jaguar Land Rover - who make the Evoque and Freelander Models in the City; Novartis and Redx Pharma, two of the world’s largest biotechnology manufacturing companies; and Bibby Line who straddle both maritime and financial services
Investment Skills Opportunity Regeneration it’s liverpool
Published on Mar 18, 2014
Environmental and new energy technologies are amongst the fastest growing sectors in Liverpool, and the city is uniquely positioned in terms...