The opportunity

The Port of Workington offers investors a strategic location with access to key industrial hubs, trade routes, and infrastructure growth in an area with a keen focus on clean energy, sustainability and regional development. This makes it an ideal investment opportunity for companies seeking a reliable, cost-effective, and future-proof intermodal logistics and transportation gateway. There are six key opportunity areas to invest in local and regional clean growth.

Nuclear and logistics

The port is ideally positioned to support the growth of the nuclear industry locally, for freight handling and as a logistics hub. It is able to support existing construction projects, new build nuclear power stations, as well as potentially a geological disposal facility.

Offshore wind and manufacturing

The 20 Ha includes the 5.75 Ha at Oldside included in the Town Deal project employment land could be available to the local manufacturing supply chain. The land available is also desirable for offshore wind original equipment manufacture (OEM).

Clean electricity and/or hydrogen

The port handles a significant import of dry bulk (biomass) per annum, this would position the port as an ideal location for an energy from waste or biomass power plant. It also has a land sufficient for an electrolytic or ammonia to hydrogen production plant.

Green logistics hub

Utilising the existing 7,000m² warehouse and storage space currently available, the port is well positioned for future hydrogen and ammonia storage and bunkering. Local logistics operators and road hauliers would benefit from hydrogen refuelling for hydrogen powered vehicles including HGVs. Green ammonia could be imported into the port for use in shipping and/or for converting into hydrogen.

7,000m² warehouse and storage space currently available.

Green port operations

Being a self-sufficient port is a key priority with aims of achieving this by 2030. The port and the council are actively working towards a green port model, aiming to achieve net zero operations through a mix of public grant funding and commercially viable investments. The required installed generation capacity has been estimated at around 20 MW and ongoing demand at 7 to 10 MW.

The required installed generation capacity has been estimated at around 20 MW and ongoing demand at 7 to 10 MW.

Green energy partnerships

The port will seek alliances and partnerships with local businesses such as Holmen-Iggesund Paper Mill, where there is the potential to capture significant clean heat energy which could provide the basis for a heat network investment serving the port and its customers based there.