The event will focus on international opportunities available to businesses supplying the rapidly growing renewable energy sector. It will focus on showcasing the Liverpool City Region (LCR) as a hub for innovative businesses servicing the global renewable energy supply chain and provide international commercial, technology and R&D collaboration opportunities.
The event will explore how international organisations can take advantage of the best practice, skills and opportunities the LCR offers. The event will be split into two sections. During the morning, there will be a plenary session which will include keynote speakers from the renewable energy sector. During the afternoon, there will be a brokerage/matchmaking session where delegates will participate in pre-arranged 1-2-1 meetings to explore potential technological, commercial and R&D cooperation opportunities. This session will also including meet the buyer and investor areas. There will also be opportunities for visitors to participate in site visits to best practice renewable energy operations located in the North West UK.
Globally the renewable energy sector is young and rapidly growing with sales in the supply chain exceeding £1.68 trillion and forecasted to grow by 47.6% by 2021/22. The UK’s market share represents £55.7 billion and is forecasted to grow by 59.9% by 2021/22 (K-Matrix, 2016). A study commissioned by Enworks in 2013 mapped the low carbon and environmental goods and services sector in the LCR to consist of 1,200+ companies employing 22,000 people, with sales of over £2.7 billion per year and a growth rate of 4.9%. The report also identified that LCR is home to high growth market industries that can support increased renewable energy generation. This coupled with the recent investment from Dong Energy into the Burbo Bank Offshore Wind Farm (off the coast of Wallasey) places Liverpool as a leading region in the development of renewable energy solutions in the UK and Europe.