The green energy entrepreneur seeking to build the world’s first tidal lagoon in Swansea Bay has claimed it is “inconceivable” that an independent review will not back his project. Mark Shorrock, chief executive of Tidal Lagoon Power, is awaiting the results of a six-month assessment of his plan, led by Charles Hendry, the former energy minister. Mr Hendry is due to report to ministers by next week on the strategic case for tidal lagoons and “whether they could play a cost effective role as part of the UK energy mix”. Mr Shorrock said: “It is inconceivable he would say ‘no’.” The £1.3bn Swansea project would involve building a six-mile, horseshoe-shaped breakwater with turbines to harness the power of the tides. Despite early enthusiasm from Government, the plan, which would depend on subsidies from energy bill-payers, has foundered amid concerns over its cost. But Mr Shorrock said he believed Mr Hendry had accepted the case that Swansea was a prototype for a series of larger lagoons that would be cheaper.
Telegraph 29th Oct 2016 read more »