This week, the UK Government rejected the proposed Swansea Bay tidal lagoon after almost 4 years of backing. It is said that the end cost on tax payers would be too high. The news comes in the same week as the go ahead for a third runway at Heathrow Airport. After a few setbacks ranging from environmental issues to value for money, it was thought the tidal lagoon would go ahead, however this is no longer the case.
Many argue that the project should have been able to provide cultural benefits along with additional jobs in the local area, however its overall cost impact, life span and generation capacity came into question, leading to the final rejection.
This has been seen as a slight set back in terms of renewable generation and improvement in the UK. The tidal lagoon was anticipated to generate a reliable source of electricity through natural tides along the coast of Swansea. This should have been a good move to provide a stable source of renewable power, strengthening the UK’s renewable fuel mix as wind and solar power are often intermittent and unpredictable.
Sources: Energy Live News, BBC News and the Guardian