Plaid Cymru has urged the Westminster Government to give the Swansea Bay Tidal Lagoon a green light, amid reports that the project's financial backers' interests and expectations are waning.
The Indpendent Review of Tidal Lagoons, commissioned by the Westminster Government, published its conclusions in January 2017, recommending the Swansea Bay Tidal Lagoon goes ahead, saying it represents value for money. In the conclusions, the report states that "Government action is required if the benefits of of a Tidal Lagoon programme are not to be lost, especially for the supply chain."
Since then, no actions have been taken and the project remains in Westminster's long grass, where it has been for almost four years.
Plaid Cymru's spokesperson on Energy in Westminster, Liz Saville Roberts MP, has written to both the Welsh Government and the Westminster Government urging both parties to publish a schedule and expected timetable leading to a conclusion and final decision on the project, to ensure the lagoon's financial backers do not abandon the project.
Commenting, Plaid Cymru's Energy spokesperson, Liz Saville Roberts MP, said:
"Wales has the potential to be completely self-sufficient in renewable electricity - something that should lead to a substantial reduction in the cost of electricity for our citizens.
"We also have the potential to become a world leader in a next-generation technology, making Wales a centre of excellence in tidal power, creating high-value jobs across our country. Lethargy and laziness on the part of both the Labour Welsh Government and the Westminster Government meant we missed the boat on wind energy but the opportunity is still there for Wales to capitalise on its tidal potential.
"Westminster has been dithering for almost four years with the Swansea Bay Tidal Lagoon despite almost everyone agreeing on its value. Their own independent review found that it represents value for money and recommended it goes ahead, but more than a year later, it's still in the long grass.
"Pressure is building on the developer as financial backers' interests and expectations wane so it is a matter of urgency that the Welsh Government and the Westminster Government publish a schedule and expected timetable leading to a conclusion and final decision on the project."