Plans for a tidal barrage and road across Morecambe Bay are gathering pace.
The 8.5 billion pound project could harness tidal power and provide energy for two million homes.
It could see a road bridge link built between Morecambe Bay and the south Cumbrian coast.
Tidal range turbines are designed to be inside the bridge, allowing for the production of renewable, emission free electricity.
Critics question how the project will be financed and say it would damage one of the world's most delicate environments.
Local businesses are at a meeting today in Kendal Town Hall to listen to the proposals and discuss the impact the project would have on them.
jobs could be created in the region during the construction phase of the project.
"There has been a lot of rumour and speculation about the project which has been under way for more than 4 years, and we are now at a stage where we want to talk directly to local businesses about the opportunities it will create for economic growth and prosperity in the North West.