Statement from Keith Clarke, Chair of Tidal Lagoon Swansea Bay Plc.
We welcome the independent review into tidal lagoon energy across the UK. We are confident that tidal lagoons are no longer a footnote in UK energy policy: the time has now come for tidal power and we hope that the review process will ensure we get to deliver, long term, home grown and cost effective electricity for many generations to come.
In parallel to the review, we have been asked by Government to clarify the financial and technical viability of Swansea Bay Tidal Lagoon as the pathfinder for this exciting new industry. This is particularly encouraging as it signals the strength of our offer for Swansea Bay and our future programme of lagoons. Furthermore, this will help to secure investor confidence.
We now look forward to continuing our work with Government over the coming months.