World’s first tidal lagoon power plant could be built in the UK
- 07 February 2014
LONDON: Plans are underway to build the world’s first tidal lagoon energy plant in the UK which would create thousands of jobs and save over 216,000 tons of carbon each year.
The tidal power planet, which would be built in Swansea, Wales, will capture enough renewable energy to power over 120,000 homes for 120 years if it gets the green light, according to Tidal Lagoon Power Ltd (TLP), the company that has submitted the building application.
The company says that the 9.5 kilometer, 320 megawatt project would ensure at least 65% of its expenditure was local, which would launch a new manufacturing industry and thousands of jobs in the UK.
According to its website, TLP also estimates the Swansea project will save over 216,000 tons of carbon each year.
After the plant is built in Swansea, Tidal Lagoon Power has plans to expand business across the UK, with the ambitious goal of supplying 10% of the country’s domestic electricity by 2023.
Mark Shorrock, CEO, Tidal Lagoon Power, said in a statement: “The UK has the second highest tidal range in the world and today we are submitting an application for a development that will prove that this resource can be harnessed in a way that makes economic, environmental and social sense. Tidal lagoons offer renewable energy at nuclear scale and thus the investment of hundreds of millions of pounds in UK industries and coastal communities.
“Our intention is to supply 10% of the UK’s domestic electricity by building at least five full-scale tidal lagoons in UK waters by 2023, before the UK sees any generation from new nuclear. Economies of scale bring immediate advantage. A second lagoon will require a lower level of support than offshore wind, for a renewable power supply that is both long-lived and certain. A third lagoon will be competitive with the support received by new nuclear, but comes without the decommissioning costs and safety concerns.”
He added: “Had we invested in tidal lagoons in the 1980s, by now, and into the next century, we would be generating cheaper power than any other form of supply.”
If the project gets the go-ahead, construction will begin in 2015 and power will be generated by 2018.
Map of the project from TidalLagoonSwanseaBay.com
By Clare Saxon