But it seem not to be as the Financial Times has reported UK ministers will throw out the scheme next week which Carwyn Jones said would be “another kick in the teeth” for the city after losing rail electrification.
UK ministers have called the price Tidal Lagoon Power (TLP) wants for the electricity too high, but it is thought to have made a revised offer.
I must start with the admission that I had my doubts about the for the proposed Swansea Bay Tidal Lagoon, in that the price the builders proposed charging was too high.
TLP have asked for an unusual 90-year contract with the government, starting at a price of Â£123 per megawatt hour of electricity produced in the first year and reducing over time
Hinkley Point C’s developers, EDF Energy, were granted a 35 year contract with a fixed price of Â£92.50 per megawatt hour of electricity produced.
So presumably a new nuclear power station on Anglesey would charge something similar to Hinkley Point.
That’s not a argument for Nuclear Power however as the potential clean up cost would far exceed Swansea Bay Tidal Lagoon. In January 2018, the Welsh Government offered the project “substantial investment” to help reduce the subsidy required.
But the UK government has continually refused to commit to the project saying it “must be affordable”.
In March, Business Secretary Greg Clark told MPs the UK government does not want to “close the door” on the Swansea lagoon.
Jim Pickard, reporter for the Financial Times, told BBC Radio Wales on Friday:
“I was originally told two weeks ago by someone very senior in government is that they had taken a decision that they would not proceed with giving any subsidies to the Swansea Bay project.
They’ll probably say we do like tidal power, but we’re unable and unprepared to give subsidies to the scheme at the level that they’re requesting.
“They didn’t want to just deliver a single piece of bad news so they’re trying to wrap it up with some good news for Wales in terms of low carbon energy.
“And that’s why I think we’ll hear about Swansea at the same time that we’ll hear about Wylfa nuclear power station on Anglesey.”
Gower Labour MP Tonia Antoniazzi, a member of a parliamentary committee looking into the project, said the scheme’s rejection would show
“disregard for people and people’s lives” and raise questions about the future of renewable energy in the UK.
Plaid Cymru South Wales West AM Dai Lloyd AM said:
“The people of Wales are behind this project, the Welsh Government are behind this project and the people of Swansea are behind this project,” .
Swansea Liberal Democrat councillor Peter Black said dropping the lagoon would be
“devastating news for the entire Swansea Bay region” as it would have “created large numbers of high quality jobs with substantial resulting economic benefits for the region”.
A spokesman from the Department for Business, Energy and Industrial Strategy said:
“As the business secretary told MPs recently, while we have quadrupled the proportion of our electricity that comes from renewable sources since 2010, we have a responsibility to minimise the impact on consumer bills and the Swansea proposal is more than twice as expensive as the Hinkley power station.
“Any decision on the Swansea Bay tidal lagoon project will have to represent value for money for the UK taxpayer as well as the consumer.”
Whatever your views on the viability of the tidal lagoon, if it had been proposed elsewhere in the UK I doubt if there had been any question of cost or environmental issues from the UK government.
It seems me that there could be a deliberate policy from Westminster Unionist to keep Wales undeveloped and poor. so that we remain in the Union and the only thing we can offer is a tourist industry
Yes it seems like a conspiracy and building a nuclear power station on Ynys Mon would seemingly disprove it , but even that is not being built for our needs but to provide cheap electricity over the boarder.
Prisons we don’t need. power stations we don’t want and third rate transport infrastructure and what do our Assembly Government do? Roll over like a god dog and beg for scraps from the table of our master,