“Since 2007, this Government’s central purpose has been to create a more successful country, with opportunities for all of Scotland to flourish, through increasing sustainable economic growth. This remains the Government’s ambition to which all our efforts and actions are directed and is at the core of our Economic Strategy.” Nicola Sturgeon MSP First Minister of Scotland, Scotland’s Economic Strategy 2015
A key component of the Scottish Government’s Economic Strategy is the concept of the circular economy; an economy in which we keep, recycle and re-use resources for a long as possible in order to reduce waste, drive greater resource productivity and reduce the environmental impacts of our production and consumption.
The circular economy is particularly relevant to Scotland’s energy industry, which, after more than 40 years at the forefront of UK energy production, is now addressing the pressing need to accelerate the development of renewable energy sources alongside safely decommissioning redundant assets from the oil and gas industry.
Hunterston PARC has been identified as a key industrial asset since the 1970s and is specifically identified in the developing Ayrshire Growth Deal.
With ongoing decommissioning of their nearby nuclear power station, North Ayrshire is forecast to lose 300 skilled jobs over the next 10 years. The regeneration of Hunterston PARC therefore presents an opportunity to support national, regional and local policy in driving economic growth and to act as a real catalyst for much-needed local jobs.