Wales offers to directly invest in Swansea Bay lagoon

The Welsh Government has offered to invest in the £1.3 billion Swansea Tidal Lagoon project. The money is intended to kickstart plans for the clean project nearly a year after the Hendry Review backed it as a cost-effective pilot to test the technology – the local council has set up a clock to track the […]

Grid connection secured for Cardiff tidal lagoon

Tidal Lagoon Power has secured the grid connection for its project in Wales. It has reached an agreement with National Grid over plans to build the £8 billion project, which is expected to power every home in Wales. Located between Cardiff and Newport, it would be the first tidal lagoon power plant at full-scale. The […]

Swansea Bay Tidal Lagoon branded ‘hideously expensive’

The Swansea Bay Tidal Lagoon is “hideously expensive” and offshore versions of the technology could provide power at a quarter of the price. That’s according to Dale Vince, the founder and CEO of UK renewable energy firm Ecotricity, who has called on the government to resist pressure to back the £1.3 billion facility. Mr Vince claims Tidal Lagoon […]

MPs urge government to support tidal project

More than 100 MPs are urging the UK Government to back the Swansea Bay tidal lagoon project. Their letter to Business and Energy Secretary Greg Clark urges him to consider the recommendations of a report published last month. The Hendry Review suggested the ‘pathfinder’ project in Swansea would kick-start a tidal industry which could play […]

Former energy minister to lead tidal lagoon review

A group that will assess the feasibility of tidal lagoons in the UK will be led by former Energy Minister Charles Hendry. He will be supported by a team of seconded civil servants for the Independent Review of Tidal Lagoons. It follows an announcement of the review earlier this year. Mr Hendry was part of […]

Green light for £1bn Swansea Bay tidal lagoon

Planning permission has been granted for the construction of the world’s first tidal lagoon in Wales. The decision follows a recommendation made by the Planning Inspectorate and an examination process. Tidal Lagoon Power said it will now negotiate how much subsidy it can receive for the 500GWh of low carbon electricity it is expected to […]

UK opens talks on world’s first tidal lagoon project

The UK Government said it is opening negotiations on plans to build the world’s first tidal lagoon power project in Wales. Chancellor George Osborne made the announcement yesterday as part of its 2015 Budget. The proposed £1 billion Swansea Bay project would capture incoming and outgoing tides behind giant sea walls and use the weight […]

Fleet of six tidal power lagoons planned for UK

The world’s first tidal power lagoons are to be built in six locations across the UK. Plans for the lagoons – four in Wales and one each in Somerset and Cumbria – will capture incoming and outgoing tides behind giant sea walls and use the weight of the water to power turbines. Developer Tidal Lagoon […]

DECC mulls CfD support for Swandea tidal lagoon

The UK Government is seeking views on potential support for the Swansea Bay Tidal Lagoon project through the Government’s new subsidy scheme. Tidal Lagoon Power (TLP) is seeking a Contract for Difference (CfD) for the £850 million project to proceed and DECC is considering entering into a negotiation with the company. This is part of the […]

Good Energy buys into Swansea tidal lagoon project

Good Energy has reserved an option to buy 10% of the electricity output from a proposed tidal lagoon power plant in Wales in a deal that includes a £500,400 equity stake. The Swansea Bay project, for which developer Tidal Lagoon Power submitted planning permission in February this year, is expected to generate 495GWh of electricity […]