Formerly | Copeprivate Limited (1988–1989) [1] |
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Industry |
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Founded | 1976 |
Headquarters | |
Website | banksgroup |
The Banks Group Limited [1] is a family owned business headquartered in Durham, but working across Scotland and the North of England, established in 1976. [2] Banks develops and operates in a variety of business areas including property development, [3] renewables generation, [4] flexible energy generation and storage, [5] and mineral extraction and infrastructure services. [6] The Banks Group was founded by Harry Banks OBE DL with his brothers Graham Banks, Joe Banks and Bruce Banks.
Banks Property develops land in the north of England and Scotland for the building of new homes, and has obtained planning permission for the building of 10,000 new homes. [7]
Banks Renewables installs wind turbines and operates ten onshore wind farms across Northern England and Scotland, with the company's second solar endeavour, Barnsdale Solar near Leeds, receiving planning permission in July 2021. [8] As part of the company's renewables projects, they operate a Community Fund scheme which donates to local community groups and voluntary organisations near their active renewables projects. [9]
Banks Mining was a division formerly active in open-cast or surface coal mining. The division has restored and landscaped every surface mine it has worked on. [10] However, the group ceased surface coal extraction in 2021. [11]
In 2012, Banks completed construction of Northumberlandia, a huge, award-winning, land sculpture in the shape of a reclining female figure near Cramlington, Northumberland. Banks Group and the Blagdon Estate jointly financed the £2.5m cost of the work, as planning gain for Banks' adjacent open-cast Shotton Surface Mine, which was approved in 2007. [12] The mine was approved in 2007 despite 2,500 objections and previous refusal by Northumberland County Council. [13]
Banks Group won a Marketplace Innovation Award from Business in the Community for its technologies to reduce noise from mining operations. [14] [ citation needed ]
Renewable energy, green energy, or low-carbon energy is energy from renewable resources that are naturally replenished on a human timescale. Renewable resources include sunlight, wind, the movement of water, and geothermal heat. Although most renewable energy sources are sustainable, some are not. For example, some biomass sources are considered unsustainable at current rates of exploitation. Renewable energy is often used for electricity generation, heating and cooling. Renewable energy projects are typically large-scale, but they are also suited to rural and remote areas and developing countries, where energy is often crucial in human development.
Coal mining is the process of extracting coal from the ground or from a mine. Coal is valued for its energy content and since the 1880s has been widely used to generate electricity. Steel and cement industries use coal as a fuel for extraction of iron from iron ore and for cement production. In the United Kingdom and South Africa, a coal mine and its structures are a colliery, a coal mine is called a "pit", and above-ground mining structures are referred to as a "pit head". In Australia, "colliery" generally refers to an underground coal mine.
Wind power is the use of wind energy to generate useful work. Historically, wind power was used by sails, windmills and windpumps, but today it is mostly used to generate electricity. This article deals only with wind power for electricity generation. Today, wind power is generated almost completely with wind turbines, generally grouped into wind farms and connected to the electrical grid.
Blyth is a town and civil parish in southeast Northumberland, England. It lies on the coast, to the south of the River Blyth and is approximately 13 miles (21 km) northeast of Newcastle upon Tyne. It had a population of 37,339 in the 2011 Census.
Cramlington is a town and civil parish in Northumberland, England, 6 miles north of Newcastle upon Tyne, and 10 miles north of its city centre. The name suggests a probable founding by the Danes or Anglo-Saxons. The population was 29,405 as of 2011 census data from Northumberland County Council. It sits on the border between Northumberland and North Tyneside with the traffic interchange at Moor Farm, Annitsford, linking the two areas.
EDF Energy is a British integrated energy company, wholly owned by the French state-owned EDF, with operations spanning electricity generation and the sale of natural gas and electricity to homes and businesses throughout the United Kingdom. It employs 11,717 people, and handles 5.22 million business and residential customer accounts.
UK Coal Production Ltd, formerly UK Coal plc, was the largest coal mining business in the United Kingdom. The company was based in Harworth, in Nottinghamshire. The company was a constituent of the FTSE 250 Index. The successor company that contains the former property division, Harworth Group, is still listed on the London Stock Exchange.
Ecotricity is a British energy company based in Stroud, Gloucestershire, England, specialising in selling green energy to consumers that it primarily generates from its 87.2 megawatt wind power portfolio. It is built on the principle of heavily reinvesting its profit in building more of its own green energy generation.
Ashington is a town and civil parish in Newcastle upon Tyne, Tyne and Wear, England, with a population of 27,864 at the 2011 Census. It was once a centre of the coal mining industry. The town is 15 miles (24 km) north of Newcastle upon Tyne, west of the A189 and bordered to the south by the River Wansbeck. The North Sea coast at Newbiggin-by-the-Sea is 3 miles (5 km) away.
The production of renewable energy in Scotland is a topic that came to the fore in technical, economic, and political terms during the opening years of the 21st century. The natural resource base for renewable energy is high by European, and even global standards, with the most important potential sources being wind, wave, and tide. Renewables generate almost all of Scotland's electricity, mostly from the country's wind power.
Renewable energy in the United Kingdom contributes to production for electricity, heat, and transport.
Community wind projects are locally owned by farmers, investors, businesses, schools, utilities, or other public or private entities who utilize wind energy to support and reduce energy costs to the local community. The key feature is that local community members have a significant, direct financial stake in the project beyond land lease payments and tax revenue. Projects may be used for on-site power or to generate wholesale power for sale, usually on a commercial-scale greater than 100 kW.
Narec, since 2014 known as the National Renewable Energy Centre, is a part of the Offshore Renewable Energy (ORE) Catapult, a British technology innovation and research centre for offshore wind power, wave energy, tidal energy and low carbon technologies. ORE Catapult's head office is in Glasgow, Scotland. The centre operates multi-purpose offshore renewable energy test and demonstration facilities. It is similar to other centres, such as NREL in the US and National Centre for Renewable Energies (CENER) in Spain. The National Renewable Energy Centre is based in Blyth, Northumberland.
Open-pit coal mining in the United Kingdom is in decline, and is planned to end in November 2023. Output has fallen every year since 2010. In 2010, the United Kingdom was forecast to produce about ten million tonnes of coal a year from open-pit mines. Most came from Scotland, with the largest operator there being the Scottish Coal subsidiary of Scottish Resources Group. Actual production in 2010 was over 13 million tonnes but this has declined to less than 8 million tonnes in 2014.
Coal mining in the United Kingdom dates back to Roman times and occurred in many different parts of the country. Britain's coalfields are associated with Northumberland and Durham, North and South Wales, Yorkshire, the Scottish Central Belt, Lancashire, Cumbria, the East and West Midlands and Kent. After 1972, coal mining quickly collapsed and had practically disappeared by the 21st century. The consumption of coal—mostly for electricity—fell from 157 million tonnes in 1970 to 18 million tonnes in 2016, of which 77% was imported from Colombia, Russia, and the United States. Employment in coal mines fell from a peak of 1,191,000 in 1920 to 695,000 in 1956, 247,000 in 1976, 44,000 in 1993, and to 2,000 in 2015.
South Africa has a large energy sector, being the third-largest economy in Africa. The country consumed 227 TWh of electricity in 2018. The vast majority of South Africa's electricity was produced from coal, with the fuel responsible for 88% of production in 2017. South Africa is the 7th largest coal producer in the world. As of July 2018, South Africa had a coal power generation capacity of 39 gigawatts (GW). South Africa is the world's 14th largest emitter of greenhouse gases. South Africa is planning to shift away from coal in the electricity sector and the country produces the most solar and wind energy by terawatt-hours in Africa. The country aims to decommission 34 GW of coal-fired power capacity by 2050. It also aims to build at least 20 GW of renewable power generation capacity by 2030. South Africa aims to generate 77,834 megawatts (MW) of electricity by 2030, with new capacity coming significantly from renewable sources to meet emission reduction targets. Through its goals stated in the Integrated Resource Plan, it announced the Renewable Energy Independent Power Producer Procurement Programme, which aims to increase renewable power generation through private sector investment.
Northumberlandia is a huge land art sculpture in the shape of a reclining female figure, which was completed in 2012, near Cramlington, Northumberland, northern England. It is in the care of Northumberland Wildlife Trust.
REG WindPower is a renewable energy company, in the United Kingdom.
Shotton Surface Mine was an open cast coal mine located on the estate of Blagdon Hall, Northumberland, UK, operated by Banks Group. The mine was granted permission by the government in 2007, despite being refused permission by Blyth Valley Council, with an initial agreement to mine 3.4 million tonnes of coal, 2 million tonnes of shale and 750,000 tonnes of fireclay. This was subsequently extended by two years in 2011 to allow an additional 2 million tonnes of coal to be mined, set to end in 2016. An additional expansion approved in 2014 saw two new pits being opened on the site, Shotton Triangle and Shotton South West, with the end date pushed back a year to October 2017; the land was expected to be restored by 2019. The mine eventually ceased production in summer 2020.
North Steads Wind Farm is an onshore electricity generating site west of Widdrington in Northumberland, England. The site was developed on old coal opencast workings and has nine turbines delivering over 18 megawatts of power per year.