North East England - Economy

Economy

The North East region has the lowest gross value added (GVA) per capita in England, and second lowest in the United Kingdom, behind only Wales. The economy was for several decades exceptionally dependent on ship building and on coal mining in Durham and Northumberland, which gave rise to the phrase "taking coals to Newcastle". UK Coal plans to start surface mining at Steadsburn near Widdrington Station and Stobswood in Northumberland.

The former regional electricity company Northern Electric is now managed by CE Electric UK, based in Penshaw.

Land use in County Durham and Northumberland is mainly agricultural. North East Ambulance Service is based just west of the A1 Newcastle bypass, north of the Tyne near Newburn and Blaydon, which is also the home of NHS North East and the local regional development agency One NorthEast. The Great North Air Ambulance is based in Penrith and Durham Tees Valley, and also serves Cumbria. The region's Business Link (BLNE) has been based since October 2007 at Dawdon, south of Seaham on the A182.

Electricity generation in North East England
Generating
sites
Biomass
Active
  • Biomass Energy Centre
  • Lynemouth (co-fires)
  • Wilton 10
Proposed/Future
  • BEI-Teesside
  • Billingham
  • North Blyth
  • Teesport
  • Tyne REP
Coal
Active
  • Lynemouth
  • Wilton
Closed
  • Berwick upon Tweed
  • Blyth
  • Carville
  • Chopwell Colliery
  • Close
  • Consett
  • Darlington
  • Derwenthaugh Coke Works
  • Dunston
  • Forth Banks
  • Hebburn
  • Horden Colliery
  • Lemington
  • Mainsforth Colliery
  • Manors
  • Morrison Busty Colliery
  • Neptune Bank
  • Newburn Steelworks
  • North Tees
  • Ouston Colliery
  • Pandon Dene
  • Philadelphia
  • South Shore Road
  • South Shields
  • Stella
  • Sunderland
  • Vane Tempest Colliery
  • Whinfield
Proposed/Future
  • Eston Grange (Gasification)
Refused/Shelved
  • Blyth Clean Coal
  • Kepier
Gas
Active
  • Seal Sands
  • Teesside
  • Wilton
Proposed/Future
  • ConocoPhillips Teesside
  • Thor Cogeneration
Refused
  • Newburn
Hydro
Active
  • Derwent
  • Kielder
Closed
  • Cragside
Nuclear
Active
  • Hartlepool
Refused
  • Druridge Bay
Oil
Active
  • Wilton
Waste
Active
  • Teesside
  • Path Head landfill
Closed
  • Blaydon Burn
  • Derwenthaugh Coke Works
  • Newburn Steelworks
  • Portrack
  • Whinfield
Future
  • North Eastern Energy Recovery Centre
  • Wilton 11
Refused
  • Blyth
Wind
Active
  • Blyth Harbour
  • Blyth Offshore
  • Broom Hill
  • Great Eppleton
  • Hare Hill
  • High Sharpley
  • High Volts
  • Holmside Hall
  • Kirkheaton
  • Langley Park
  • Tow Law
  • Trimdon Grange
  • Walkway
  • West Durham
Future
  • Blyth Harbour (repowering)
  • Butterwick Moor
  • Great Eppleton (repowering)
  • Haswell Moor
  • Kiln Pit Hill
  • Lynemouth
  • Royal Oak
  • Teesside
Proposed
  • Barmoor South
  • Green Rigg
  • Kielder
  • Moorsyde
  • Ray Hill
  • South Sharpley
  • Steadings
  • Teeswind North
  • The Isles
  • Todd Hill
  • West Ancroft
  • Wingates
Organisations
and personnel
  • A. Reyrolle & Company
  • C. A. Parsons and Company
  • Northern Powergrid
  • Charles Algernon Parsons
  • Charles Hesterman Merz
  • Clarke Chapman
  • John Theodore Merz
  • L J Couves & Partners
  • Merz & McLellan
  • NaREC
  • Newcastle and District Electric Lighting Company
  • North Eastern Electric Supply Company
  • Northern Electric
  • Northern Engineering Industries
  • Pre-nationalisation North East electric power companies
  • Book:Electricity generation in North East England
  • Category:Power stations in North East England
  • Portal:Energy

This is a table showing the trend in regional gross value added at current basic prices published by the Office for National Statistics with figures in millions of British Pounds Sterling.

Year Regional Gross Value Added Agriculture Industry Services
1999 27,437 225 9,104 18,106
2002 31,167 228 9,416 21,433
2005 36,204 211 10,367 25,625
2007 40,916 278 11,120 28,250

Read more about this topic:  North East England

Famous quotes containing the word economy:

    “Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
    —Alexander Herzen (1812–1870)

    “I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
    —Calvin Coolidge (1872–1933)