Swansea Bay Tidal Lagoon project gets green light on planning

9 Jun 2015 04:09 PM

Planning consent was given yesterday for construction of the world’s first tidal lagoon, in a boost to moving towards a low carbon, home grown energy mix.

If built, turbines in the proposed six-mile horseshoe shaped sea wall around Swansea Bay in Wales could generate around 500GWh per year of low carbon electricity.

Energy and Climate Change and Wales Office Minister Lord Bourne said:

“We need more clean and home-grown sources of energy, which will help to reduce our reliance on foreign fossil fuels. Low carbon energy projects like the tidal lagoon in Swansea Bay could bring investment, support local jobs and help contribute to the Welsh economy and Swansea area.”

Separately from the planning consent, the project is still subject to Contract for Difference (CfD) negotiations to establish whether a tidal lagoon at Swansea Bay is affordable and value for money for consumers. Any decision to offer a CFD for the Swansea Bay Tidal Lagoon project would be subject to strict value for money considerations and affordability, and to State aid approval.

Notes to editors