Celtic Freeport

Milford Haven CO2 Project is being brought forward by partners on either side of the Milford Haven – RWE and Dragon LNG and Dragon Energy. The project leverages each partner’s advanced engineering and existing expertise to support a sustainable future for Wales and the wider UK. The Partners: Milford Haven CO2 Project is being brought forward by partners on either side of the Milford Haven – RWE and Dragon LNG – working with The Acorn Project. There is a need to work together to find solutions to reduce climate emissions at Pembroke Power Station. The project leverages each partner’s advanced engineering and existing expertise to support a sustainable future for South Wales. RWE is the owner and operator of Pembroke Power Station and is working collaboratively to drive decarbonisation across the region’s industrial processes as a lead partner of the South Wales Industrial Cluster. Dragon LNG operate an LNG Terminal north of the Milford Haven, connecting liquefied natural gas from shipping routes to the UK gas network. Dragon LNG would liquefy and load CO2 for transport. Partners are working with: Acorn, as part of The Scottish Cluster, has the capability to provide a CO₂ receiving and permanent storage solution for a range of diverse emitters across the UK. Acorn could receive and safely store CO2 permanently.

CELTIC FREEPORT LAUNCH The Celtic Freeport – which is expected to attract £8.4 billion of private and public investment and deliver 11,500 new jobs – has been officially launched. The freeport covers the ports at Milford Haven and Port Talbot and spans clean energy developments, fuel terminals, a power station, heavy engineering and the steel industry across South West Wales. Within the freeport area businesses are offered significant UK Government and Llywodraeth Cymru / Welsh Government tax breaks and customs exemptions to encourage investment and growth. #CelticFreeport #MilfordHaven #PortTalbot #CleanEnergy #Investment #Growth https://lnkd.in/d-rrFHP6

Lansiwyd y Porthladd Rhydd Celtaidd yn swyddogol sy’n golygu ein bod gam yn nes at fuddsoddiad mewnol sylweddol yn ne-orllewin Cymru a miloedd o swyddi newydd.

The Celtic Freeport has been officially launched bringing significant inward investment to South West Wales and thousands of new jobs a step closer.

So why the Celtic Freeport..? For me it’s the vehicle to help bring prosperity and opportunity back to areas of South Wales that have often seen industry and jobs leave, with little left to replace them. From FLOW to hydrogen production to sustainable aviation fuel, the Freeport represents an opportunity for us, our communities and the people within them. It was great to congratulate Ed Tomp on becoming chair of the Freeport, and to recognise the journey so far… and the journey yet to come.

Dywedodd Rebecca Evans, Ysgrifennydd Cabinet Llywodraeth Cymru dros yr Economi, Ynni a Chynllunio: “Mae agoriad swyddogol y Porthladd Rhydd Celtaidd yn rhoi arwydd clir arall i’r byd bod cadarnleoedd diwydiannol De Cymru yn rhan hanfodol o dwf a ffyniant economi carbon isel y DU ar gyfer y dyfodol. Rydyn ni eisoes yn gweld gwir awydd – ar draws y rhanbarth a thu hwnt – i fanteisio i’r eithaf ar y sgiliau a’r cyfleoedd gwaith a ddaw yn sgil yr oes ddiwydiannol newydd hon. “Bydd Llywodraeth Cymru wrth law’r Porthladd Rhydd Celtaidd yn darparu gostyngiadau treth mawr i ddenu buddsoddiad busnes, a bydd y Porthladd Rhydd yn gallu defnyddio refeniw ardrethi annomestig yn y dyfodol ar gyfer prosiectau seilwaith a sgiliau hanfodol y bydd Port Talbot ac Aberdaugleddau yn elwa arnynt am genedlaethau i ddod.”

Rebecca Evans, Welsh Government Cabinet Secretary for Economy, Energy and Planning said: "The official opening of the Celtic Freeport sends another clear signal to the world that the industrial heartlands of South Wales are a vital cog in the growth and future prosperity of the UK’s low-carbon economy. We are already seeing a real appetite across the region and beyond to make the most of the skills and job opportunities that this new industrial age will provide. “The Welsh Government will be at Celtic’s side providing major tax reliefs to attract business investment, and the Freeport will be able to use future non-domestic rates revenues for vital infrastructure and skills projects which will benefit Port Talbot and Milford Haven for generations to come.”

The Celtic Freeport is helping the UK Government achieve both the economic growth and clean energy missions 📈 🌱    Welsh Secretary Jo Stevens attended the Freeport launch event which will create more than 11,000 new jobs and over £8 billion to the region 🏴󠁧󠁢󠁷󠁬󠁳󠁿 👉 https://lnkd.in/e9F2Gaan   --- Mae'r Porthladd Rhydd Celtaidd yn helpu Llywodraeth y DU i gyflawni'r cenadaethau twf economaidd ac ynni glân 📈 🌱     Aeth Ysgrifennydd Cymru Jo Stevens i ddigwyddiad lansio Porthladd Rhydd a fydd yn creu mwy na 11,000 o swyddi newydd a thros £8 biliwn i'r rhanbarth 󠁿🏴󠁧󠁢󠁷󠁬󠁳󠁿 👉 https://lnkd.in/efhcvdj9 Celtic Freeport | Llywodraeth Cymru / Welsh Government

The UK Government’s Plan for Change will deliver on clean energy and economic growth missions in Wales 🏴󠁧󠁢󠁷󠁬󠁳󠁿 Welsh Secretary Jo Stevens visited green energy businesses in #Pembrokeshire, identified as a key economic growth region for clean energy 🌱 👉 https://lnkd.in/efap8GVK

A celebration of good things to come at Celtic Freeport - inspiring a future fuelled by green energy, Luciana Ciubotariu set out a bold vision, supported by Llywodraeth Cymru / Welsh Government Rebecca Evans and Wales Office/Swyddfa Cymru Jo Stevens. Looking forward to what this means for Welsh Manufacturing.