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£1.3 billion Swansea Bay Tidal Lagoon ‘to be rubber-stamped in June’

April 8, 2017

By Paul Homewood

 

image

http://www.walesonline.co.uk/news/local-news/13-billion-swansea-bay-tidal-12865002

 

I wonder who “the sources” are?

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33 Comments
  1. AlecM permalink
    April 8, 2017 9:36 am

    No doubt there’s a special lock gate for Whales……………

    • AlecM permalink
      April 8, 2017 9:36 am

      Operated by Welsh AMs.

      • AlecM permalink
        April 8, 2017 9:37 am

        They’re not very bright.

  2. April 8, 2017 10:07 am

    That is £500,000 per job. I wonder how many jobs I could create with that sort of money.
    What happens to the 155000 homes at high and low tide? And, of course, in between.
    And, as we all know £1.3 billion actually means £2.6 billion or more.

  3. April 8, 2017 10:20 am

    Well – not quite. In the same article:
    “But a Department for Business,Energy and Industrial Strategy (BEIS) spokesman said it was considering the outcome of the Hendry Review before a final decision would be made.”

    • CheshireRed permalink
      April 8, 2017 3:13 pm

      The Hendry ‘Review’ was in itself a rubber-stamping exercise.

  4. April 8, 2017 10:30 am

    Tidal lagoon and a sanctuary country, someon in high places does not like the Welsh.

    • AlecM permalink
      April 8, 2017 10:46 am

      Because the Welsh have been de-educated and de-skilled by 50 years of comprehensive schools it has taken a long time to realise that Old Labour and Plaid are fronts for Fascism.

      Old Labour and Plaid are setting up climate as the real threat to enrich the Corporations who control the projects and the captive politicians, also of limited intelligence. They are adding unrestricted Moslem immigration. Monbiot wants to eradicate hill farming and sheep so he can feel pure too: it’s all very sad.

  5. Keitho permalink
    April 8, 2017 11:13 am

    Excuse me while I LOL.

    The sea will eat this stuff and this stuff will eat taxpayer money.

    The output curve will shift later by 35 minutes everyday so what will fill in the troughs? Fossil or nuclear would be my bet.

  6. BLACK PEARL permalink
    April 8, 2017 12:47 pm

    Cant find the money for peoples pensions but billions can be flushed away on any so-called renewable & CO2 capture, not forgetting HS2

    Who is going to fall on their sword when this one fails ?

  7. April 8, 2017 12:48 pm

    The Cornish coast could get an ugly dent in it if this overpriced, overrated scheme goes ahead.
    https://notalotofpeopleknowthat.wordpress.com/2017/01/14/swansea-bay-the-tip-of-the-iceberg/

  8. BLACK PEARL permalink
    April 8, 2017 12:55 pm

    “Every Green initiative has been a disaster”
    http://www.dailymail.co.uk/debate/article-4392220/Green-initiatives-disasters-says-Christopher-Booker.html

  9. April 8, 2017 2:36 pm

    Tragic news.
    But there’s hope, we know how unreliable the predictions made by media bubble world are.

  10. CheshireRed permalink
    April 8, 2017 2:36 pm

    Was inevitable as soon as it was confirmed to be producing the dearest electricity on the entire planet. Off the scale stupid.

  11. April 8, 2017 2:41 pm

    Page was edited 12 mins after publication. So what was the change?
    Is headline supported by the text ?
    Publisher has bias the page contains a solar advert.
    Dingaling no open comments.

  12. April 8, 2017 3:24 pm

    If this goes through whoever is responsible should be sent to prison for fraud.

    • KernowMaid permalink
      April 8, 2017 6:11 pm

      TLSB’s deal with The Chinese Harbour Engineering Company got the project off to a cracking reputable start did it not?

  13. CheshireRed permalink
    April 8, 2017 3:25 pm

    Why does the headline say ‘£1.3 billion scheme’ but the article’s final tag line suggests ‘It is expected that the scheme will cost anywhere between £20 billion and £30 billion.’?

    • dave permalink
      April 8, 2017 3:50 pm

      My guess is that £20/30 billion is the figure for the combined cost of all these similar absurdities.

    • April 8, 2017 6:07 pm

      The £30bn is for all five schemes

      • KernowMaid permalink
        April 8, 2017 6:24 pm

        TLSB is recognised by institutional investors as being a loss maker IF built as a standalone project. The only way these firms will cough up the investment needed is if they get the contract for all five power stations. Simples. Add to this the complexity of the CMA insisting on competition, and the lid blows off the can of worms. The government messed up on entering into a bilateral CfD negotiation WITHOUT competition. It’s a mess. Too many people have been taken in for too long.

      • CheshireRed permalink
        April 8, 2017 6:56 pm

        Fair enough. Any what’s the problem here? Another £30 billion or so won’t hurt. It can be filed with the Hinkley C £20 billion, £1 billion for Drax, £200+ billion for our new ‘renewables’ and a random £50-70 billion for HS2. Happy days! Let’s spend like it’s going out of fashion.

  14. Harry Passfield permalink
    April 8, 2017 3:56 pm

    The solution seems to me to be that the Welsh should finance it, build it, operate it and become the sole customers of it. England should get on with it’s own plans for wasting money – more especially if Scotland has gone off into isolation.

  15. April 8, 2017 3:58 pm

    If it does go ahead, it will prove beyond a shadow of a doubt that the lunatics are well and truly in charge of the asylum.

  16. Kernow Maid permalink
    April 8, 2017 4:14 pm

    My bet is that the source is Mark Shorrock who is pedalling his media bike with a flat tyre and a nearly broken chain. You I don’t see how the government can sign off on Tidal Lagoon without a Marine licence and permission from the Crown Estate (forgive me if these are the same thing). The other thing that really perplexes me is how the government can ignore the findings of the Competitive Markets Authority who concluded that awarding CfD’s without competition is a really dumb thing to do. I don’t see how BEIS , Spreadsheet Phil and Theresa Amazed would do this? That is unless they are dumb enough not to live in the real world where anyone in their right mind gets three quotes before they embark in any expensive job. No, my money is on the source being connected to the developer. They have a track record in pulling this type of stunt.

  17. Athelstan permalink
    April 8, 2017 5:07 pm

    More moonbeam techology?

    Has anyone seen Merlin? …………..Wot? NO, no it’s just old mother theresa! and that old witch, she’s a bats8&7 crazy woman and cheerleader: for the banshees of green…………………….

    Oh! and never mind the English taxpayer is on the hook!!!…………….it’s magic! so it is then and bread from heaven, money no object………….

    Take me to Brexit…………………”not now, never mind, sometime soon but don’t think that it will be anywhere near in 2019″…………….

    After all, they are just tories – the party of EUrope, green agenda is still in place and all plain sailing now – TEN-T [look it up]……………………… and HS2 anybody?

  18. roger permalink
    April 8, 2017 10:41 pm

    The Theresa May Lagoon.
    What a sad legacy.
    Palmerston’s follies still litter the Solent and Portsdown Hill and will, for centuries to come, remain a testament of epic proportions to his stupidity.

    • Dave Peters permalink
      April 9, 2017 7:25 pm

      But at least one of his Follies is a great museum, and the rest have been used in WW2 and are now industrial units.

  19. Paddy permalink
    April 9, 2017 6:32 am

    What nobody seems to have thought of is the cost (and ability) of dredging the vast quantities of silt which will collect in these lagoons.

    • A C Osborn permalink
      April 9, 2017 9:53 am

      It has been pointed out many times before, they do not listen to anyone with an iota of common sense.

  20. Barry Capsey permalink
    April 9, 2017 8:41 am

    It’ll cost vastly MORE than the figure quoted, such sporadic power as it may produce will be hideously expensive, and it’ll be another ‘green supported’ white elephant. stop this silliness NOW and cancel HS2 as well.

  21. April 9, 2017 4:08 pm

    Reblogged this on ajmarciniak.

  22. April 10, 2017 6:00 pm

    ‘Robber-stamped’ might be more appropriate.

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