Hunter industries and business were well aware of the need to get the region's clean energy transition right and preparations were well under way to ensure it occurred in a smooth and sustainable manner, the head of the Hunter's peak business organisation said.
Business Hunter was among the organisations that Deloitte consulted as part of the Upper Hunter Futures report, which was produced for the Department of Regional NSW.
Business Hunter chief executive Bob Hawes said a significant amount of work was occurring between government, business, education and research institutions to ensure the transition process was a success.
"We are not waiting for a clear signal that transition is required," he said.
"There is no doubt in my mind that over the last few years the region has been better at putting its best foot forward and really looking at how we grow and develop the industries and businesses that we already have here but also attracting new ones."
State and federal governments have already recognised the Hunter's potential to be a leader in the renewable energy sector in coming decades.
Mr Hawes said defence industries and advanced manufacturing also offered significant opportunities for diversification.
"A couple of weeks ago representatives from Hunter Defence went up to Singleton and spoke with local businesses. The message was if you guys want to get in on this (diversification) this is what you need to be doing. It doesn't mean the businesses that are there get destroyed or wither away, it's trying to show them another pathway to use skills they have already got."
A Port of Newcastle spokeswoman said the port agreed with the report's conclusions and was actively working to assist the region transition.
"The port is perfectly placed to support development of a clean energy economy with capability for growth, fantastic existing infrastructure, proximity to renewable energy zones, well established existing supply chains and an innovative and highly skilled workforce. Diversification is a key part of our strategy to ensure we have a resilient asset that will support our communities and enable them to continue to thrive," she said.
She said the port had been working on a diversification strategy for the past two years. A key plank of the port's diversification strategy was the establishment of a container terminal.
"It is our view that diversification needs to happen while the region can afford it; while jobs still exist and that reaction and leadership in this space are critically important."
