Tidal Lagoon Power, a developer of marine energy project in the UK, is planning to develop a project that will have as much as a 2.8 gigawatts of capacity in Wales.
The company has submitted an Environmental Impact Assessment scoping report for a tidal lagoon between Cardiff and Newport. The project will have an installed capacity, dependent on final design, of between 1.8GW to 2.8GW.
The proposed Cardiff Tidal Lagoon would be the UK’s first full-scale tidal lagoon power plant. Tidal Lagoon Power expects to submit a full planning application for the project in 2017, with a decision expected in 2018. The lagoon will take up to five years to build.
The company is also developing the 320-megawatt Swansea Bay Tidal Lagoon energy project in Wales, in which InfraRed Capital Partners recently said it will make an investment.