In 2014 BIS and DECC appointed TBR to deliver a new UK study of the low carbon economy and after many months of work the study has now been published!
The study provides a more focused and transparent assessment of the size and performance of the low carbon economy than any previous research has achieved. It uses a tighter definition and focuses only on economic activity that relates to low carbon products and services.
The study includes data on employment, turnover, GVA, business performance and business investments and provides these variables for each UK region and nation back to 2010.
The sector has been divided into 24 low carbon sub-sectors from offshore and onshore wind to geothermal to low carbon finance. It has developed new definitions for the 'direct' activities which make up the low carbon economy across these 24 sub-sectors. We have created a large, up to date dataset of firms operating in the sectors and developed techniques to quantify the economic value that these derive from their low carbon activities. This has allowed us to overcome the major challenges in assessing the size and performance of the low carbon economy.
TBR has worked in partnership with Qa Research to deliver the primary research elements of the study, and Sustainable Direction Limited (SDL) to develop the detailed definitions and deliver elements of the consultation.
Download the report here
For more information contact Martin Houghton
TBR was commissioned by Tees Valley Unlimited (TVU) to map the offshore wind sector in the Tees Valley and the wider North East. This project included identification and analysis of individual companies in the sector and its supply chain, and companies which have the potential to be in the supply chain. Both sets of companies were segmented into supply chain activities and analysed in relation to three comparator areas to identify particular strengths and weaknesses of the sector and supply chain in Tees Valley. A database of businesses was then created of the firms in Tees valley, gaps in the Tees Valley supply chain assessed and businesses with the ability to fill these gaps were identified. The work provided TVU with an insightful and concise interpretation of the sector and information which it needed to support the development of the supply chain in the North East in preparation for servicing the forthcoming Dogger Bank wind farm.
Contact Fiona Tuck to find out more about our research and consultancy services in skills and labour markets.
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