Exacerbated by the current energy crisis, manufacturers are facing increasing challenges to grow and manage their businesses. Stretched with demands to reduce energy costs, demonstrate compliance with government regulation and legislation, maintain existing plant and expanding operations, manufacturers are having to consider alternative revenue generating activities beyond their core business. Diversifying the use of their land holdings is one option.
Industrial land diversification is a strategy that involves choosing a range of revenue producing activities on surplus industrial land from renewable energy use, to divestment of surplus land. Whether a manufacturing site is operational or a closed facility, we have a strong understanding of the needs of all stakeholders working with brownfield land.
The goal of industrial land diversification is to create a more balanced and sustainable mix of activities on a site. This can be achieved through the redevelopment of underutilised or vacant land, the conversion of existing industrial land to new uses, or a combination of both. There are several benefits to industrial land diversification, including the creation of new jobs, the improvement of environmental quality, and the generation of new revenue streams.
While industrial land diversification can offer benefits, it's important to carefully consider the potential impacts of any proposed changes. For example, the introduction of new land uses can result in increased traffic, noise, and other forms of pollution. It's also important to ensure that any new activity is compatible with the character of the existing industrial site setting.
We offer support on the diversified use of available land including utility infrastructure accessibility and geo-environmental setting. Our services span energy optioneering including: consideration around renewable energy use, decommissioning, remediation, and divestment of surplus land holdings.
Our experts also advise on the best permitting strategy to meet your specific requirements, supporting on partial permit transfers, partial surrenders, full surrenders, variations, and new applications. We are experienced in working with industry to evaluate potential savings on annual environmental permitting subsistence fees, along with any potential to rationalise current compliance monitoring obligations to secure further cost savings.
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With an in-depth understanding of our client’s challenges, risks, and commercial objectives, we work as partners across the entire manufacturing operational life cycle, including:
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RPS is committed to protecting and respecting your privacy. We will only use your personal information to administer your account and to provide the products and services you have requested. We would also like to contact you about our products and services, as well as other content that may be of interest to you.