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Economic Development

Welsh Government receives interest from firms to develop a tidal lagoon

No energy-generating lagoons have been built in Wales or the º£½ÇÊÓÆµ, but there are proposals to build ones in Swansea Bay and the Dee Estuary

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A total of 55 companies have expressed an interest in helping to develop a tidal lagoon off the Welsh coastline.

The companies have all registered an interest in a Welsh Government marketing exercise to ascertain what level of support was out there for such a project.

The Welsh Government added written submissions were received from 27 organisations.

However, it is still early days, and officials don’t have a preferred location for a tidal lagoon at this stage.

No energy-generating lagoons have been built in Wales or the º£½ÇÊÓÆµ, but there are proposals to build ones in Swansea Bay and the Dee Estuary.

The marketing exercise was conducted between March and May this year to gauge interest in a potential competition to deliver a tidal lagoon, with the winner possibly receiving Welsh Government financial support.

A Welsh Government spokeswoman said it received a range of responses, from multi-nationals to small to medium-sized enterprises.

She said: “As well as several responses from existing tidal lagoon projects in Wales, we heard from academia, technology suppliers, engineering and environmental consultants and many others.”