Severn Barrage – back on the cards?

Following a meeting in July 2012 with former Welsh Secretary Peter Hain and the consortium Corlan Hafren, David Cameron has instructed ministers and staff to look again at the Severn Barrage. A previous scheme was rejected in 2010 by Chris Huhne, the then Energy and Climate Change Secretary, due to the projected cost of £34bn to the public purse. The new proposals project a cost of £30bn entirely funded through private finance, much of it according to the BBC coming from investors inKuwait and Qatar. Corlan Hafren submitted a business plan to the Department for Energy and Climate Change last year. A spokesperson from DECC said: “The government is open to working with affordable, environmentally-responsible projects that represent good value for consumers. So far, we have only seen a very draft and high-level outline business case from the consortium. Even if this proposal can meet our criteria it has a long way to go in development.”

For more information and a range of links to different news sources about the barrage see the Severn Estuary Partnership’s dedicated Severn Estuary Tidal Power Consultation – Resource Page

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