Tidal Power: Swansea Bay

Department for Business, Energy and Industrial Strategy written question – answered on 9th June 2020.

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Photo of Paul Maynard Paul Maynard Conservative, Blackpool North and Cleveleys

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he plans to review the value for money assessment into Swansea Bay Tidal Lagoon in light of £200m loan from the Welsh Government.

Photo of Kwasi Kwarteng Kwasi Kwarteng The Minister of State, Department for Business, Energy and Industrial Strategy

The value for money assessment undertaken in 2018 took into consideration all potential public sector funding, including funding from the Welsh Government. The analysis concluded that the Swansea Bay Tidal Lagoon and proposed programme of follow on lagoons did not meet the Government’s value for money criteria.

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