EDF’s £16bn investment in Hinkley Point C in Somerset, is the UK’s 1st nuclear power plant in a generation and representing the largest engineering project in Europe. Hundreds of supply chain opportunities will be available over the next 8 years across construction, decommissioning and nuclear expertise. The project is estimated to provide in the region of £100m per year additional GVA into the local economy during the construction process.
Suppliers are advised to register on the Hinkley Supply Chain Portal to be considered for contracts. This also allows the Manufacturing Advisory Service and the Nuclear Advanced Manufacturing Research Centre to offer the Fit For Nuclear support programme (link), which enables companies to measure their capabilities against industry standards and helps them bridge gaps to meet requirements.
European funding offers skills and training programmes at all levels for Hinkley Point C related companies.Bridgwater College in particular works in partnership with EDF and many nuclear energy, suppliers to supply the next generation of skilled workers.
Several high-quality development and investment sites are available across Somerset, and the Heart of the South West. The South West Innovation Centre will open in June 2015 to coincide with Hinkley supply chain opportunities, with further phases planned to extend the Centre. Firepool at Taunton provides over 500,000 sq ft of distinctive offices to accommodate major occupiers, alongside smaller scale buildings for local businesses, mixed with residential, leisure and retail spots and within a few minutes of Taunton Rail Station.
Many nuclear power station developments are scheduled across the UK and Europe. Relocating companies will further strengthen the nuclear excellence industry cluster across Somerset, Bristol and Gloucester (the location of Oldbury). What better location than the Heart of the South West to base, with easy access to the UK and Europe, to grow and export services and products.