Page 108 - Minutes of meeting

The Productivity Challenge

Important Sectors - Energy

The energy sector in Barrow is small, but productive, and a key driver of
CURRENT OVERVIEW economic growth. Activity is concentrated in the production and distribution of

Jobs (2018) electricity. Niche strengths include:
▪ West Coast O&M hub for offshore wind serving five main offshore wind
Energy farms that together account for over 20% of the UK’s current installed

capacity
Number 250
▪ Rampside Gas Terminal operated by Spirit Energy, linked to significant gas
% of all jobs 0.8% fields in the Irish Sea/Morecambe Bay

LQ vs England 1.8
The sector has strong supply chain links with the manufacturing sector,
% Change (2013-18) 43% including the £40bn nuclear deterrent Dreadnought programme.

. Future opportunities include:
Businesses (2019) LOCAL SPECIALISMS

▪ Further offshore wind licensing
Energy
Energy

Production of Electricity ▪ Tidal generation in the Duddon Estuary
Number 15 100 jobs; LQ = 2.75 and Morecambe Bay

% of all businesses 0.8% Distribution of Electricity ▪ Biomass and micro hydro

LQ vs England 4.7 100 jobs; LQ = 2.03 ▪ Carbon capture and storage solutions

% Change (2014-19) 50%

.
Source: UKBC, ONS, 2019; BRES, ONS, 2019