THE company behind the stalled Swansea Bay tidal lagoon is making a last-ditch attempt to resurrect the project before planning consent expires.
Tidal Power plc is trying to raise £1.2 million to discharge the planning conditions which are attached to the scheme and prepare for a start on site.
The company said the five-year planning consent awarded by the UK Government in 2015 expires in June 2020 “unless material works have commenced”.
Tidal Power wouldn’t be able to start work in the sea because it hasn’t got a marine licence from Natural Resources Wales (NRW). But it said works could get under way on land and that terms had been agreed with the principal landowners, subject to a final sign-off.