After three years of feasibility work and impact assessments, TLP submitted its application for a Development Consent Order (DCO) under the Planning Act 2008.
Swansea Bay Tidal Lagoon would be the largest tidal power plant in the world. As a project of national significance, the application, which has been developed through extensive consultation in Swansea Bay, will now be reviewed by the Planning Inspectorate before public examination, and then determination by the Secretary of State for Energy & Climate Change.
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The project would see a 9.5 km long sea wall built to capture enough renewable energy from incoming and outgoing tides to power over 120,000 homes for 120 years. It aims to source at least 65% of content in the UK, kick-starting a new manufacturing industry and future export market.
Mark Shorrock, CEO of Tidal Lagoon Power, said that the submission of the application marks a turning point in the development of the UK's tidal resource.
"Until now, tidal energy has been heavily promoted by governments and environmentalists as an intuitive source of clean and reliable energy for our island nation, but the business response has focused on relatively small-scale tidal stream devices.
"The UK has the second highest tidal range in the world and today we are submitting an application for a development that will prove that this resource can be harnessed in a way that makes economic, environmental and social sense.
"Tidal lagoons offer renewable energy at nuclear scale and thus the investment of hundreds of millions of pounds in UK industries and coastal communities."
(CD/JP)
