Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he plans to leverage large-scale private investment in the funding of the planned Swansea Bay tidal lagoon power plant.
The Government is considering the findings of the independent review and will decide, in light of the relevant factors, whether or not to proceed with the negotiation of a Contract for Difference (CfD) for the proposed Swansea Bay Tidal Lagoon project.
As with all low carbon electricity projects, funding arrangements for the development and construction of individual projects are matters for the developer.