The future of a revolutionary plan to generate electricity from a lagoon in Swansea Bay has been thrown into further doubt after the UK government unveiled plans for a six-month review of the wider tidal power sector. The promoters of the £1bn plan, Tidal Lagoon Power, said it welcomed any extra focus on this type of renewable energy but needed a final decision from ministers on its south Wales project within six weeks. The government has been in negotiations with Tidal Lagoon Power for more than a year and has repeatedly failed to meet company expectations about when it would agree a final subsidy necessary to make t he project commercial. A Department of Energy and Climate Change spokeswoman said talks would continue with Tidal Lagoon Power but there would be no final decision on Swansea Bay aid till the review ended in the autumn. Energy minister Lord Bourne argued that government still needed to make sure that tidal power was in the interest of the country and household energy consumers.
Guardian 10th Feb 2016 read more »
Telegraph 10th Feb 2016 read more »