Tidal Lagoon Power hopes green light given to project in budget could create thousands of jobs if it is extended to five other schemes
The company behind the world’s first tidal energy scheme at Swansea Bay in south Wales hopes to create 70,000 jobs in the construction phase alone, if it can roll the programme out to five other, larger schemes at a total cost of £30bn.
Tidal Lagoon Power, which received the green light in the budget to start talks with the government on subsidies, wants the £1bn Swansea project to be the start of a “game-changing” industry.