Plans for Lagoon Swansea's hopes today that Swansea horders Bay Lagoon innovative project a step closer, as Welsh Secretary, Stephen Crabb, saying he wanted to see a tidal lagoon power first in the world is being built in Wales. horders Related stories Crabb: 'Risk of confusing voters' Cameron horders on his first visit since the election and Wales Wales Bill 'do horders not appear in the Queen's Speech' Labour accused of taking Wales for granted more powers to councils housing investment advice Conservatives refusing to rule out collaboration with other parties Crabb calls for 'mature government in Cardiff Wales Workers horders have "bored" at Tory propaganda horders Carwyn Jones sent a letter to Stephen Crabb critical
In addition, the Treasury has announced that it will begin negotiations with Tidal Lagoon Power Ltd, the company that hopes to build the lagoon would generate renewable electricity with tidal power, whether it is affordable and what The value for money for taxpayers.
If it is approved, the scheme would see a six-mile-long wall is being built around Swansea Bay creating a lagoon, and will be in the Severn Estuary turbines can produce power for 14 hours a day.
'Unique position' Welsh Secretary Stephen Crabb welcomed the news, saying it has the potential to boost the country's economy from massive to create thousands of jobs and secure energy future for Wales.
He said: "The energy supply is a huge opportunity for Britain. A tidal lagoons on top of its own provide up to 8% of our energy needs us, replacing fossil fuels with electricity clean, reliable. "
'Huge economic boost' said Peter Black, Liberal Democrat AM for South Wales West: "The lagoon becomes a huge economic boost to Swansea and the surrounding areas.
Related stories Crabb: 'Risk of confusing voters' Cameron on his first visit since the election and Wales Wales Bill 'do not appear in the Queen's Speech' Labour accused of taking Wales for granted more powers to councils housing investment advice Conservatives horders refusing to rule out collaboration with other parties Crabb calls for 'mature government in Cardiff Wales Workers have "bored" at Tory propaganda Carwyn horders Jones sent a letter to Stephen Crabb critical
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