As an emerging sector in the region, Energy based business can exploit commercial and social benefits. Vattenfall and TATA Steel are both developing innovative and valuable projects in the region.
The Swansea Bay City Region is a major energy hub with:
- 25% of the UK’s refined products
- 30% of the UK’s gas supply
- Over 3,000MW of electricity generation
In addition to this, there is a significant amount of new electricity generation using traditional and innovative renewable technologies such as:
Existing industries are also looking to generate their own power such as Tata Steel and the Valero Refinery
The region has the strengths to serve these developments through well established supply chains across the Bay.