Have $53 billion to invest? Try UK tidal power

Note* - All images used are for editorial and illustrative purposes only and may not originate from the original news provider or associated company.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back

Related stories

Eight Energy Trends 2025: Redefining Global Energy Landscape

The Eight Energy Trends Defining 2025 The year 2025 is...

Ocean engineering firm Tadek delivers floating wind study for Marine Power Systems

The report assesses through-life performance of Tension Leg Platforms (TLP) compared...

Ensuring the integrity of underwater energy production equipment and related facilities

EEMUA has substantially upgraded its subsea engineering materials selection...
When a body of water has the second highest tidal rise and fall in the world, it might make sense to tap the that powerful ebb and flow for electricity.

That idea has not been lost on the government in Britain, where the Severn Estuary between England and Wales has a 49-foot tidal range – second only to Canada’s Bay of Fundy – providing potent generation prospects.

After lengthy hemming, hawing and environmental objections, the government finally abandoned proposals for a publicly funded 10 mile-long Severn Barrage between Cardiff, Wales and the English seaside town of Weston-super-Mare in Oct., 2010.

But with the predictability of lunar pull, the idea is rising again. Only this time, the government is hoping that private backers come up with the £34 billion ($53 billion) that the project would require.

In the run-up to Christmas, the BBC reported that the government is discussing the scheme with private consortium Corlan Hafram. The UK Department of Energy and Climate Change (DECC) would offer some subsidies for the project, which would provide 5 percent of the country’s electricity’s.

“We are discussing with the consortium the next stages to develop the outline proposal so it can be fully considered by the government to assess whether the benefits of the project in terms of economic growth and renewable energy justify the cost of the subsidy that would be still needed and the environmental consequences for the Severn Estuary,” the BBC quoted a DECC spokesman saying.

Costs helped quash the project as a taxpayer endeavor the first time, as did concerns over effects on birds, fish, flooding and other uses of the estuary and the Bristol Channel into which it flows, such as ports, navigation and recreational angling.

The government also strengthened its commitment to nuclear projects as a low-carbon emissions form of power. And offshore wind has gained among renewables in Britain.

A tidal barrage at first glance makes sense. But is $53 billion a reasonable price to pay for 5 percent of the electricity in a country the size of the UK?  According to DECC statistics, the UK has total generation capacity of 82 gigawatts. Five percent of that is roughly 4 gigawatts, which three nuclear stations could supply for around $15-to-$25 billion, to use a wide range. Then again, you could build a roadway or rail line atop the barrage – I’m not sure if the $53 billion includes such a plan.

 

Latest stories

Related stories

Eight Energy Trends 2025: Redefining Global Energy Landscape

The Eight Energy Trends Defining 2025 The year 2025 is...

Ocean engineering firm Tadek delivers floating wind study for Marine Power Systems

The report assesses through-life performance of Tension Leg Platforms (TLP) compared...

Ensuring the integrity of underwater energy production equipment and related facilities

EEMUA has substantially upgraded its subsea engineering materials selection...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back