New grid capacity at Freeport East could unlock millions in investment

Delivering targeted support for 500MW of new grid capacity around Felixstowe and Harwich could unlock hundreds of millions of pounds of investment.

Delivering targeted support for 500MW of new grid capacity around Felixstowe and Harwich could unlock hundreds of millions of pounds of investment, according to a new report from the Renewable Energy Association.

Analysis from the Green Transport Hub Strategy report found investment in grid capacity around the Freeport East Economic Area could enable further development of the transport, manufacturing and digital hub.

This could support thousands of new jobs and helping meet the transport industry’s demand for decarbonisation and new growth, it said.

Freeport East, which includes the ports of Felixstowe and Harwich, forms part of the East of England clean energy cluster, and transits more than 40% of the UK’s container shipping traffic.