The Swansea Bay Tidal Lagoon would be the most regenerative scheme in Wales since the development of Cardiff Bay according to the Welsh Conservatives.
South Wales West AM, Suzy Davies, said that talk of value for money was a red herring â€“ and argued that â€œreal value for money comes in being the firstâ€� â€“ with the UK becoming an undisputed global centre for expertise and manufacturing of lagoons.
Mrs Davies was also quick to point out that the scheme is now being proposed at the same rates as Hinckley Point, and said she remains as convinced as ever that the scheme should be given the go ahead.
South Wales West AM, Suzy Davies, said:
â€œThe tidal lagoon is an opportunity to unleash an economic revolution in Wales, on a scale not seen since the regeneration of Cardiff Bay.
â€œItâ€™s an innovative long-term source of low carbon energy, built in Wales and supported by a largely UK-based supply chain â€“ including Welsh steel.
â€œIf that doesnâ€™t represent value for money, Iâ€™m not sure what does. Although itâ€™s worth noting that the project is now being proposed on the same terms a Hinckley Point.
â€œIn any case, the real value for money comes in being the first â€“ with the UK becoming the undisputed global centre for lagoon expertise and manufacturing.
â€œUltimately, this scheme holds great promise to be the most reliable and resilient source of green energy available.
â€œIt has huge local support and all parties in Wales have been supportive of this ambitious scheme since day one.
â€œThe Hendry Review was emphatic and we remain as convinced as ever that this transformational project should be given the go ahead.â€�
In 2017 Welsh Conservatives sent a letter to the Prime Minister outlining their support for the Tidal Lagoon â€“ with signatories including Conservative Council Leaders, Assembly members, MPs and Leaders of the voluntary party.