Welsh Conservatives have responded to the UK Governmentâ€™s statement in the House of Commons on the Swansea Tidal Lagoon.
Regional Assembly Member for South Wales West, Suzy Davies, said:
â€œThere is no disguising that this is a desperately depressing decision for Swansea, the wider region and my constituents.
â€œSince day one, weâ€™ve been incredibly supportive of the concept and worked tirelessly to make it a reality.
â€œWhilst acknowledging some of the difficulties regarding the numbers, this scheme held great promise from both an energy and regeneration perspective, particularly with the strength and beauty of the South Wales coastline.
â€œThe Tidal concept continues to enjoy huge support in Wales and we remain convinced there’s still space for the UK Government and a developer to work on such a scheme in Wales going forward.â€�
Welsh Conservative Shadow Energy Secretary, David Melding AM, said:
“This is obviously very disappointing news.
“New technology is always something of a risk at the pilot stage, but the Swansea Tidal Lagoon was in our view a risk worth taking.
“We will continue to work with the UK Government for opportunities of significant energy generation in Wales, for example with modular nuclear reactors.
“It is also our hope that in the medium-term it will be possible to visit the tidal lagoon again, should the strike price become more competitive.â€�