Swansea Bay Tidal Lagoon proposals
This response concerns proposals to build a tidal lagoon at Swansea Bay with suppor from the Contract for Difference arrangements for low carbon generation.
Citizens Advice believes the proposal offers poor value for money for the consumer, with billpayers being asked to sustain very high guaranteed prices for an excessive length of time.
The process to decide whether to subsidise construction is opaque and prevents rigorous scrutiny of the project.
Even after publication of a completed contract, it may be impossible to assess the true burden on consumers because of irrational commercial confidentiality provisions. Given the huge cost and lack of countervailing benefits of the project, the department should reject the application.