Policy paper

Swansea Bay Tidal Lagoon: potential support for the project through the CFD mechanism

Swansea Bay Tidal Lagoon: potential support for the project through the CFD mechanism.

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

Documents

Government response to the CFD stakeholder engagement document

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Swansea Bay Tidal Lagoon: potential support for the project through the CFD mechanism

This file may not be suitable for users of assistive technology. Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email correspondence@decc.gsi.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

This engagement exercise has concluded

Detail of outcome

This document sets out the government response to the Swansea Bay Tidal Lagoon: potential support for the project through the CFD mechanism stakeholder engagement document which was published on 23 January 2015.

Original engagement exercise

This engagement exercise ran from 23 January 2015 to 20 February.

Summary

Stakeholder engagement document seeking views on potential support for the Swansea Bay Tidal Lagoon project through the CFD mechanism.

Detail

Tidal Lagoon Power Ltd (TLP) has a well-developed proposal for a tidal lagoon project in Swansea Bay and is seeking a Contract for Difference (CFD) for the project to enable it to proceed. DECC is considering entering into a bilateral negotiation for a CFD with TLP.

In line with the Electricity Market Reform (EMR) Delivery Plan and the government response to the Electricity Market Reform (EMR): Contracts for Difference regulations consultation, this document sets out the process that we would intend to follow, should we enter into such a negotiation and invites views on the proposed approach.

Published 23 January 2015
Last updated 18 March 2015 + full page history
  1. Swansea Bay Tidal Lagoon: Government response to the CFD stakeholder engagement document.
  2. First published.