Unleashing the Potential of Industrial Clusters 2025

Page 15 of 47 · WEF_Unleashing_the_Potential_of_Industrial_Clusters_2025.pdf

The establishment of the Humber Energy Board has significantly enhanced collaboration across the Humber cluster. By providing a cohesive platform, the board enables companies to collectively voice their priorities and concerns to policy-makers and decision-makers, strengthening the region’s influence on its key role in meeting the UK’s net-zero ambition. The cohesive partnership approach developed by the Humber Energy Board has helped align a range of projects within an overarching framework, making it easier to attract public and private investment for the decarbonization of Humber’s industry. This work has galvanized communication activities across Humber, working with a range of partners to provide clearer messaging of the potential of the region – within the UK and overseas – and reducing duplication of efforts. This is most clearly evidenced in the Humber 2030 Vision,39 which demonstrates the Humber has scope to be one of the largest circular economies in the world. Innovative decarbonization technologies have the potential to spur a more symbiotic relationship between businesses and projects in the region, maximizing efficiencies and delivering sustainable economic growth.With millions of pounds invested in preparatory design and investigative studies, businesses in the Humber now stand ready to work with the UK government on its hydrogen and CCUS allocation rounds. They are also prepared to support the further expansion of offshore wind capacity and invest over £15 billion to decarbonize industry and power generation across the region. The board brings together the entire Humber energy ecosystem, ensuring that projects aren’t working in isolation but instead are part of a coordinated effort to build a more sustainable, low-carbon future for the region. Jonathan Oxley, Senior Manager, Confederation of British Industry (CBI) Humber Bridge Image credit: Future HumberCASE STUDY 3 A strong governance structure aligns the priorities in the Humber region Unleashing the Full Potential of Industrial Clusters: Infrastructure Solutions for Clean Energies 15
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