U.K. Snubs $40 Billion Severn Barrage Tidal-Power Project
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The U.K. rejected proposals for a 25 billion-pound ($40 billion) tidal-energy barrage designed to generate as much as 5 percent of the nation’s power needs.
The plan by Hafren Power Ltd. for a dam-like barrage won’t offer value for money and may endanger the environment, the government said in a report, affirming the findings in June of Parliament’s Energy and Climate Change Committee. Hafren needs to improve its proposal before receiving “serious consideration.”