Tidal Lagoon Power, the company behind the Swansea Bay tidal lagoon project, has announced it is taking the first step towards delivery of a “full-scale tidal lagoon infrastructure” project in the UK that could end up delivering enough electricity to power every home in Wales.
Tidal Lagoon Power announced early this week that it had submitted an Environmental Impact Assessment scoping report for a tidal lagoon to be developed between Cardiff and Newport, in Wales.
If built, the project would have anywhere between 1,800 MW and 2,800 MW of renewable energy capacity, giving a reliable annual output of between 4 TWh and 6 TWh.
“Full-scale tidal lagoon infrastructure gives the UK an opportunity to generate electricity from our amazing tidal range at a cost comparable to fossil fuel or nuclear generation,” said Mark Shorrock, Chief Executive of Tidal Lagoon Power. “We have the best tidal resource in Europe and the second best worldwide. We now have a sustainable way to make the most of this natural advantage.”
The proposed tidal lagoon project would be the UK’s first full-scale tidal lagoon power plant, following the demonstration project being built at Swansea.
“We will build on the template established for the Swansea Bay Tidal Lagoon – applying the expertise and learning, scaling the UK supply chain and Turbine Assembly Plant, leveraging the institutional investor partnerships we have developed – to deliver a Cardiff Tidal Lagoon capable of working in harmony with nature to supply around 1.5 million UK homes, now and for generations to come, with affordable, reliable, low carbon electricity. There is still a long way to go and many environmental surveys to undertake but we will work in partnership with all nature conservation bodies so as to understand, avoid, minimise and mitigate any environmental impacts.”