Neil Parish
Main Page: Neil Parish (Conservative - Tiverton and Honiton)Department Debates - View all Neil Parish's debates with the Wales Office
(8 years, 1 month ago)
Commons ChamberI can guarantee that for the next two years at least no EU-supported project will lose out. We have of course not yet concluded our negotiating position, and simply replacing one source of funding with another misses the point. The EU referendum sent out a clear message from the communities that are purported to benefit the most from European aid that they simply did not want what was being offered to them.
6. What assessment the Government have made of the potential contribution of tidal lagoons to energy production in Wales.
Tidal lagoons have the potential to make a significant contribution to the UK energy mix, and exciting projects in Wales such as the Swansea bay lagoon deserve serious consideration. That is why we have commissioned an independent review of tidal lagoons, and I look forward to reading its findings in the autumn.
The Bristol channel has the second highest tidal rise and fall in the world. We need to harness that power and we can pay for it over a longer period because it will create power for hundreds of years to come.
I thank my hon. Friend for his passionate remarks. He is right that that potential exists, and that is why we have commissioned an independent review that will report in the autumn. It needs to look carefully at the costs and benefits of a potential tidal lagoon. We are supportive of the concept, but we have to ensure that we balance the development against the cost to the UK taxpayer.