South West businesses focus on renewable technologies

14 October 2013

Business leaders gathered in Bristol Wednesday 9 October to discuss how the region can continue to lead the way in sustainability and renewable energy technologies at a forum organised by Science City Bristol and sponsored by the Institute of Physics (IOP) and the West of England LEP Skills Team.

The meeting was chaired by Dr Caroline Clark, Innovation Advisor at Science City Bristol and featured talks from Professor Martin Bigg, Chair of Bristol Green Capital, David Ainsworth, Business Development Director at Marine Current Turbines, and three academics from the Cabot Institute at the University of Bristol.

The speakers discussed the opportunities that are available to innovative businesses in the sector, and the barriers – both technological and political -- that need to be overcome if the region is to build on the strength of its science and technology base to create new, green jobs.

Miranda Addey, South West Regional Officer for IOP said, “Renewables and low carbon technology is an ever-growing sector and Bristol and the region are at the forefront of this.

"Bristol has been awarded the European Green Capital 2015 and its unique combination of expertise, geography, skill, and space means that this area can become even more important to the region, creating jobs and making it an environmentally friendly part of the UK.”

The event was organised in association with the IOP Business Forum. This series of meetings allow physics-based businesses across the UK to share best practice and expertise across the range of topics affecting high-tech companies.

Research by Deloitte has shown that 8.5% of the total UK economic output is due to physics-based businesses and that, for the South West, 107 000 jobs have been created by physics-based businesses currently thriving in the region.

To find out more about the importance of physics-based-businesses to the UK economy, see our latest reports - http://www.iop.org/activity/business/physics-economy/page_59403.html.

The next IOP Business Forum, organised with Business Durham, will focus on access to finance for high-tech companies in the North East. The meeting will be held at NETPark on Wednesday 16 October. For further information, see the event page - http://www.iop.org/activity/business/kibb/page_60999.html.



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