º£½ÇÊÓÆµ

Oops.

Our website is temporarily unavailable in your location.

We are working hard to get it back online.

PRIVACY
Economic Development

New £600m tidal lagoon plan off coast of North Wales

The lagoon would provide low carbon electricity to power 82,000 homes in North Wales.

Jim O'Toole, Managing Director of the Port of Mostyn Picture Mandy Jones(Image: Mandy Jones, Photography)

A £590 million tidal lagoon capable of providing low carbon electricity to power 82,000 homes in North Wales is planned off the coast of North Wales.

Building the 6.7 kilometre long lagoon, stretching from the breakwater at Mostyn to Point of Ayr in Flintshire, would create 300 jobs in the construction phase and up to 30 high-skilled permanent posts.

The project is being developed by Mostyn SeaPower Ltd, a subsidiary of the busy Port of Mostyn, who say it will provide a massive boost for the regional economy and would play a key role in helping North Wales to recover from the economic downturn caused by the Covid-19 crisis.

Previous schemes for a giant £7bn tidal lagoon on the North Wales coast have not progressed and the wider sector was hit by a snub from º£½ÇÊÓÆµ Government when it failed to back the £1.3bn Swansea Tidal Lagoon in 2018.

But the developer of this new scheme believes the more modest ambitious of this project could get the go ahead and also inspire further tidal power projects along the North Wales coast.

Tidal lagoon plan from Mostyn Port(Image: Mostyn port)

It said approaching º£½ÇÊÓÆµ Government for a ‘strike price’ - a guaranteed price for the electricity generated - was among the options being considered as they look to fund the scheme.

The company said it will be using local labour and suppliers wherever possible and if everything goes according to plan, the turbines could be turning and producing energy by mid-2027.

Mostyn SeaPower say the Dee Estuary is an ideal location because it has one of the highest tidal movements in the º£½ÇÊÓÆµ, as much as 10.2 metres during High Spring Tides, as well as having natural deep water for the installation of the turbines.