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Tidal lagoon delay puts its future in doubt says AM


The one year delay in building the Swansea tidal lagoon will raise doubts as to whether it will ever be built the Welsh Liberal Democrats Assembly Member for South Wales West, Peter Black has said

Mr. Black was commenting on today’s announcement by the company hoping to construct the tidal lagoon that work will not now start on site until spring 2017, a year later than hoped.

 

“I am a big supporter of the Swansea Bay Tidal Lagoon”, said Mr. Black, “but it is quite clear that the failure of the UK Government to agree the price for the electricity it will generate within the original timetable has led to this delay. The danger now is that the project will lose momentum and that investors will take their money elsewhere.

 

“More seriously, the fact that the UK Government is dragging its heels over the feed-in tariff suggest that they may not be prepared to pay the price the company needs to make the project viable. I am concerned that the government’s lack of commitment to the lagoon and to renewable energy generally could kill it off completely.

 

“The Conservative Secretary of State for Energy needs to give some assurances that this will not be the case and accelerate the decision-making process so that Swansea, and those who want to invest in this project can have some certainty about the lagoon’s future.”


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