Business SectorsMore Isle of Man Links
Clean Tech
The Isle of Man is keen to develop its clean-tech sector, a sector which fits well with its efficient high-tech business environment. The island is currently home to over 40 clean-tech companies, of which 8 are listed on AIM with a collective valuation, as of August 2009, in excess of £800 million.
The Isle of Man Government has many fixed assets, buildings and systems that represent ideal opportunities to conduct closely controlled trials. For certain technologies, the geographical location and profile of the Island can be used as a ‘test ground’. It was used for the first trial of 3G mobile telecommunication technology.
The Department of Trade and Industry, the Department of Agriculture Fisheries & Forestry, the Department of Local Government & Environment, the Department of Transport, the Manx Electricity Authority and Water Authority are all parts of Isle of Man Government and have considerable breadth and depth of expertise in their relevant sectors. Help and assistance is usually just a phone call away or can be put on a more formal footing with defined joint projects with departments and statutory bodies.
The Manx Electricity Authority (MEA) the island’s vertically integrated electricity provider, can provide test facilities for generation and fuel experimentation as well as technical personnel to advise how your project can integrate with a national electricity network.
The Isle of Man has excellent natural resources readily available, including one of the best wind resources in the British Isles; a 5m tidal range offering good R&D opportunities in this field and a Spring tide that travels at 3m per second. The wave profile is mostly small waves with a short fetch which offers an excellent opportunity for developers specialising in near-shore wave power. The Isle of Man has its own territorial waters from shoreline to a 12 mile limit and 2800 hectares of Government-owned forestry estate.
The Isle of Man’s 50 year history of precision manufacturing within the aerospace sector means we can deliver the engineering skills and advice requirements of many clean tech businesses.
The Isle of Man has recently lead the way with the success of the world's first zero carbon, clean emission motorbike grand prix TTXGP in 2009. The event has spawned two zero emission series of motorcylcles in Europe and the USA and has demostrated that zero carbon technology is ready to deliver the thrills and passion for both spectators and motobike riders.
Why the Isle of Man for Clean Tech?
The Isle of Man offers a combination of advantages for the development of clean tech businesses which are difficult, if not impossible, to find elsewhere:
- Vertically integrated sole electricity provider (Manx Electricity Authority)
- Highly resilient communication network
- Good wind and tidal resources are readily available
- Clean Tech cluster and associated Chamber of Commerce forum
- The Business & Innovation Centre offers a 'soft-landing' for inward investors and practical business start-up support and facilities
- Highly efficient tax environment helps new businesses to grow
- Highly experienced Corporate Service Providers (CSPs)
- Supporting services from government and grant funding
- Easy access to Ministers and decision makers
- Access to financial and professional services
- Experienced within precision manufacturing
- Excellent transport links to UK and Eire
- Highly resilient communication network
For further details regarding Clean Technology opportunities in the Isle of Man contact:
Ken Milne, Senior Manager for Energy Policy
Telephone: +44(0) 1624 687142 or E-mail
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