Swansea Tidal Lagoon: Hendry Review

Lord Stern of Brentford Excerpts

Tuesday 1st May 2018 Lords Chamber

[Lord Stern of Brentford (CB)]

My Lords, will the Minister ensure that, in the economic analysis that lies behind the project, he considers the tremendous benefits in terms of recreation, much longer life and above all its use as a prototype? This could and should lead to the Cardiff lagoon, which would be highly competitive with other sources of energy, and could and should lead to tremendous exports. Countries around the world are following this very closely. If he needs any help with the economic analysis, as a professor at the LSE and former chief economist to the World Bank, I am happy to oblige.

[Lord Henley]

I am more than happy to take up the noble Lord’s offer but he has also raised other matters that must be considered.