PD Ports planning development of $260m UK offshore wind hub

PD Ports

PD Ports has revealed plans to build one of the UK’s largest offshore wind manufacturing and installation hubs – the Teesport Offshore Gateway – an investment worth around £200m ($267m).

The project will unlock just shy of 730,000 sq m of development potential for a range of offshore manufacturers, assembly, marshalling, and supply chain support services.

The Teesport Offshore Gateway will include an up to 1 km long deepwater riverside quay, permitting unrestricted access to the North Sea and suitable for both floating and fixed-bottom offshore wind development.

While the plans are at an early stage and subject to variation, the development of the Teesport Offshore Gateway would secure critical port facilities in support of the UK government’s offshore wind development ambitions.

PD Ports is looking to engage with the offshore renewables sector to explore the potential of the proposals, working with original equipment manufacturers, developers, the government, and industry experts to shape the strategic direction of the site and identify opportunities for collaboration and funding.

Insight from the offshore sector will aid the design of more detailed plans to meet future industry requirements.

The site has already secured both planning consent and marine consent to extend an existing riverside berth to develop the 15.5m deepwater mooring, which would be large enough to accommodate all current and planned offshore installation vessels available globally.

The creation of a new deepwater berth for Teesport will also future-proof the port, opening up wider opportunities for additional bulk and container facilities, in support of PD Ports’ existing Teesport Container Terminal and the Tees Bulk Quay.

Source: Splash247.com

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Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.