Tidal Lagoon Swansea Bay
At 320MW installed capacity, Swansea Bay Tidal Lagoon could be the largest marine energy development in the world. Developed by Tidal Lagoon Power Limited, it would have an entirely predictable 495GWh output each year of clean, green electricity and is estimated that it will power 155,000 homes for 120 years – that’s about 90% of Swansea Bay and 11% of Wales’ domestic use.
Benefits for Wales
Tidal Lagoon Power’s ambition is for half of the investment for their £1.3 billion project in Swansea to be retained within the Welsh economy. In addition to significant supply chain and employment benefits, this project could provide an international watersport centre, an Offshore Visitor Centre and the creation of new habitat, sea reefs and seabed sanctuaries.