Government turns back on tidal lagoon projects, saying taxpayers' money would be wasted

By Jordan Marshall and Dave Rogers2018-06-26T06:00:00

Plans including proposal for £1.3bn scheme in Swansea now ditched after business secretary says project does “not meet the requirements for value for money”

The government has pulled the plug on plans for a fleet of tidal lagoon schemes across the UK, saying they are too expensive.

Speaking in the House of Commons yesterday, energy secretary Greg Clark said UK taxpayers would not be helping bankroll a £1.3bn scheme in Swansea being developed by Tidal Lagoon Power Limited.

Three years ago, Laing O’Rourke was named as preferred bidder for the £200m contract to deliver the lagoon’s 410 metre turbine house and sluice structure block.

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