Plans for Swansea Bay’s groundbreaking tidal power project have been revived with its backers claiming it can be built without public financial support. The UK government announced last summer that it would not support Tidal Lagoon Power’s (TLP) plans to build its £1.2 billion project, which would use tidal power flowing through turbines in a concrete wall to generate electricity. TLP has proposed installing floating solar panels in the artificial lagoon, which would be created by the wall, to increase the amount of electricity it generates by more than a third to about 770GWh. And the company is exploring setting up power purchase agreements (PPAs) with companies to buy the electricity generated by the lagoon.
Utility Week 5th Feb 2019 read more »