The UK government has rejected plans to build £1.3bn Swansea Bay Tidal Lagoon on grounds of cost. The Manufacturer explores the implications the decision will have on the nation's manufacturing and energy sectors, and economy?
The cost to UK households annually from the project was estimated at just 20-30 pence compared to Hinkley Point’s £12+. The project was set to be the world’s first tidal lagoon power plant and could’ve offered an abundance of benefits to the UK. Some of these benefits include; supply chain opportunities, contracts…
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