Wednesday 19th December 2018
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Go ahead for major gas-fired power station in Norfolk

The government has granted EP(UK) Power Developments consent to build a new gas fired power station at its site at the Willows Business Park at Saddlebow in King’s Lynn with a capacity of up to 1,700 MW, enough to meet electricity needs of almost 2 million homes. Construction could start in mid-2020 creating up to 600 construction jobs with a further 40 permanent operational jobs once the plant is up and running. James Crankshaw, head of engineering at EPUKI, said: “We are delighted with the secretary of state’s decision. This new power station will help play a key role in both the local economy and in the security of electricity supplies nationally”. The new power station could involve two combined cycle gas turbine units (CCGT) or a single CCGT unit plus a gas-fired peaking unit of up to 299 MW, which could respond rapidly to changes in electricity demand and supply.

Separately, business leaders and local goverment have pledged to work more closely to secure improvements to infrastructure for Norfolk and Suffolk, following a visit to Norwich last week from the chairman of the National Infrastructure Commission, Sir John Armitt and commissioner, Professor Sir Tim Besley. Hosted by New Anglia LEP, priorities to emerge from the event included working towards full digital connectivity across Norfolk and Suffolk; a more efficient and varied energy generation and storage network and developing collaboration across public/private sectors.

Last Updated ( Thursday, 13 December 2018 08:06 )

 

Firms take action to avoid ‘working capital crunch’ on Brexit no deal

KPMG’s restructuring practice in the region is seeing a ‘flurry of enquiries’ from firms looking to head off a significant ‘working capital crunch’ resulting ...

Last Updated ( Thursday, 06 December 2018 09:42 )

Largest Suffolk companies increase investment despite 'more cautious approach'

Turnover and profit growth has slowed among Suffolk’s largest 100 companies and they are showing signs of caution with reduced debt, according to a study of thei...

Last Updated ( Wednesday, 28 November 2018 13:51 )

£160 million airbase contract set to create new jobs in Suffolk

One of the region’s largest construction projects in the region got the go-ahead this week when the Ministry of Defence awarded a £160 million to contractor Kier Vol...

Last Updated ( Thursday, 22 November 2018 11:58 )

Approval for Stansted growth plans raises hopes for 5,000 new jobs

Approval for Stansted growth plans raises hopes for 5,000 new jobs

London Stansted’s planning application to raise the number of passengers it handles from 35 to 43 million annually has been approved by the airport’s local council...

Last Updated ( Friday, 16 November 2018 07:42 )

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