The event was held in the Urban Sciences Building on Newcastle Helix, as it played host to speeches from the CBI as well as North of Tyne Mayor, Jamie Driscoll, North East LEP Chair, Andrew Hodgson, Northumbrian Water’s Anthony Brown, Northern Powergrid’s Jim Cardwell and Jane Robinson, Dean of Engagement and Place at Newcastle University.
Advances in energy technologies mean that energy transformation is now more possible than ever and it’s opening up new opportunities for businesses to prosper in a clean economy. A new global market, estimated to be worth £170 billion by 2030, is emerging as energy transition drives businesses to think differently about how they consume energy.
Firms in the North are well place to capitalise on this new market and all firms need to be looking to develop new energy strategies that not only increase profitability, win new customers and derive genuine competitive advantage while reducing pollution.
The CBI Conference helped businesses in the Northern Powerhouse become informed, engaged and ready to take advantage of the Energy Opportunity.
Commenting after the event, organiser and CBI Regional Director for the North East Sarah Glendinning said:
“The event was a massive success and I want to thank everyone who came along and contributed to the debates. It really has put our region on the map in terms of green technology.
“It has shown how much great work is being done in our area and the CBI is committed to supporting and helping businesses grow and thrive.
“Our region is ready for the green industrial revolution and I will do all I can to push this agenda forward.”
Commenting further, Jane Robinson, Dean of Engagement and Place at Newcastle University, said:
“I was delighted to be part of this event and to be given the opportunity to talk about Newcastle University’s role in creating a sustainable future and our commitment to tackling climate change.
“This event was held in our Urban Sciences Building on Newcastle Helix – a test bed for sustainable solutions that will benefit generations for years to come. By investing in largescale, demonstration facilities like this, and locating alongside businesses, we can close the gap between academic research and commercial opportunity.
“For me, it’s all about collaboration, shared learning and optimising our collective assets - academic research, industry, public sector partners and citizens all working together to make the North East the go-to place for innovative energy solutions. Events like this all play a part in the legacy of our region’s economic growth.”