Ecotricity will compete to build Britain’s first tidal lagoon site ahead of the government’s independent review of tidal in the spring, it announced today. The green energy supplier will release details of its plans later this year and has urged the Department of Energy and Climate Change (Decc) to “take its time” with the review, which will look more closely at the costs and benefits of tidal energy. Ecotricity claims it can build the site for a strike price of around £90/MWh – compared to estimates for rival site Swansea Bay of up to £168/MWh. Prime minister David Cameron recently raised concern over the high levels of subsidies being mooted for tidal power.
Utility Week 26th Feb 2016 read more »