Crown Estate aims to understand interest in future tidal projects

An “industry engagement process” to understand market interest in future tidal and lagoon projects across the nation has been launched. The Crown Estate, which manages the UK seabed, is calling […]

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By Priyanka Shrestha

An “industry engagement process” to understand market interest in future tidal and lagoon projects across the nation has been launched.

The Crown Estate, which manages the UK seabed, is calling on interested developers to give their feedback to help shape any future leasing processes. It said the move was prompted by a growing number of enquiries from developers of potential projects.

Ian Selby, Head of Minerals and Infrastructure said: “The opportunity that tidal range and lagoons could present for the UK has been long talked about. We now need to see if this is the time for action.

“We are keen to give industry the opportunity to set out their interest and how tidal range and lagoons projects could contribute to and complement the UK’s growing portfolio of low carbon offshore wind, wave and tidal stream portfolios.”

A report earlier this month showed the planned Swansea Bay Tidal Lagoon could add an extra £154 million to the Welsh economy over its three-year build.