Welsh first minister Carwyn Jones has committed to providing further investment to kick-start the Swansea Bay Tidal Lagoon and is calling on the UK government to give the project the green light.
Jones has sent a letter to prime minister Theresa May, offering to cover some of the tidal lagoon’s capital costs and urging the UK government to give the project the go-ahead.
He said: “This would be the world’s first tidal lagoon power plant, which would create thousands of high quality jobs, supply a significant proportion of the UK’s energy needs and position Britain as a world leader in a new global industry.
“And, yet, the UK government has been dragging its heels for over a year. This is leading to a growing sense of frustration among the Welsh business community and an increasing risk that the lack of a decision will turn into a decision not to proceed.
He added: “Now is the time for the UK government to stop stalling and get on with agreeing a strike price so we can make this transformative project a reality.”
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