Closer discussions have now begun in regards to the multimillion Swansea Bay Tidal Lagoon project.
The proposed horseshoe-shaped tidal lagoon is to be six miles wide and will be capable of generating massive amounts of clean energy from the bay in South Wales.
The 320MW tidal lagoon is expected to cost somewhere between £750million and £850million, and the decision on its future will fall to the Planning Inspectorate for England and Wales, the government agency responsible for the final outcomes on town planning, enforcement appeals and public examination of local development plans.
The agency, part of the Department for Communities and Local Government, has asked for comments on their negotiation with Tidal Lagoon Power Ltd, the project developers, to establish whether the sea wall project will be both affordable in the short term, and provide the necessary value to energy customers.
If this renewable energy structure is given the green light, experts predict that it will annually generate approximately 0.5TWh of electricity–enough to supply 120,000 homes.
Further benefits include boosts the local economy and employment through lagoon construction, maintenance, tourism and supply chain systems.
Categories: Natural Energy Wyre News