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Potential to be centre of 'global expertise' with Tidal Lagoon say Welsh Conservatives

Credit: Artist impression

The Welsh Conservatives say the Swansea Tidal Lagoon should go ahead despite indications the UK Government may be about to turn it down.

UK Ministers are expected to make an announcement about it's future within the next few days.

They have repeatedly said it has to demonstrate 'value for money' but the Welsh Conservatives have dismissed that argument as 'a red herring'.

South Wales West am, Suzy Davies, says it would be the 'most regenerative scheme in Wales' since the development of Cardiff Bay.

The tidal lagoon is an opportunity to unleash an economic revolution in Wales, on a scale not seen since the regeneration of Cardiff Bay. It's an innovative long-term source of low carbon energy, built in Wales and supported by a largely UK-based supply chain - including Welsh steel.

If that doesn't represent value for money, I'm not sure what does.

The real value for money comes in being first - with the UK becoming the undisputed global centre for lagoon expertise and manufacturing. Ultimately, this scheme holds great promise to be the most reliable and resilient source of green energy available.

– Suzy Davies AM, South Wales West

The project was backed by an independent review but has not yet been approved.

Read more: Welsh Secretary Alun Cairns defends position over tidal lagoon

Earleir this Month, Welsh Secretary, Alun Cairns MP, came under fire in the monthly Wales questions session in the House of Commons about the continued silence over the multi-million pound project.

Welsh Secretary, Alun Cairns, has repeatedly said the project must deliver 'value for money'. Credit: PA

Mr Cairns said as much he would like the tidal lagoon to go ahead, it must 'deliver value for money for the taxpayer'.

First Minister, Carwyn Jones, offered £200m of Welsh Government investment towards the project but the Welsh Secretary said it was 'a fraction of the cost of the lagoon.'

He said the Hinckley deal was the 'most expensive' they'd accept, and that currently, the Tidal Lagoon was 'twice cost of nuclear.'

Read more: First Minister calls for tidal lagoon to get same deal as Hinckley.

The UK Government have been asked to comment.