U.K. $39 Billion Tidal Barrage Plan Not Economic: Report
This article is for subscribers only.
A plan to build a 25 billion-pound ($39 billion) tidal dam-like structure to generate as much as 5 percent of the U.K.’s power doesn’t provide value for money and may pose a risk to the environment, a government report found.
Hafren Power Ltd. failed to show the economic, environmental and technological credentials of the proposed 18-kilometer (11-mile) barrage across the Severn estuary, Tim Yeo, chairman of Parliament’s Energy and Climate Change Committee, said today in an e-mailed statement. The committee “cannot recommend” the project as it stands, he said.