DECC Aproves Tidal Subsidy Drain

proposed-swansea-bay-tidal-lagoon1

Amber Rudd has made her first big decision as Secretary of State for Energy and Climate Change, granting planning consent to build the world’s first tidal lagoon in Swansea that “could” generate around 500GWh per year.

Constructing the lagoon will entail building a six mile sea wall, complete with 16 underwater turbines around Swansea Bay.

The project will cost around £1 billion and the developers are asking for £168 tax payer subsidy for every MWh they produce. The current market price is around £41 MWh…




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Charles Moore on the aid charity’s sex scandal…

“Oxfam was the Harvey Weinstein of aid – arrogant, bullying, conspicuous in its faults, yet utterly immune until the balance of fear mysteriously changed overnight.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Who Can Beat Corbyn? Who Can Beat Corbyn?
READ: Number 10’s Chequers Slides For MPs READ: Number 10’s Chequers Slides For MPs
Liz Truss: Wood Burning Gove Liz Truss: Wood Burning Gove
Mogg and 13 Other MPs Write to May Declaring Transition Deal “Completely Unacceptable” Mogg and 13 Other MPs Write to May Declaring Transition Deal “Completely Unacceptable”
Corbynistas Hold Boozy Victory Party as Moderates Vacate HQ Corbynistas Hold Boozy Victory Party as Moderates Vacate HQ
Gloria De Piero’s Office Manager Still In Job Despite Defecting to Tories Gloria De Piero’s Office Manager Still In Job Despite Defecting to Tories
Fake LibDem Newspaper Lies to Richmond and Twickenham Voters Fake LibDem Newspaper Lies to Richmond and Twickenham Voters
Inside the Freer Launch Inside the Freer Launch
Labour Head of Broadcast Now Working For BBC News Labour Head of Broadcast Now Working For BBC News
Owen Jones’ Viral Fake News Owen Jones’ Viral Fake News
Hawking on Corbyn Hawking on Corbyn
Tory Ex-Minister is Working for Oligarch Named as Corrupt by Russian Opposition Leader Tory Ex-Minister is Working for Oligarch Named as Corrupt by Russian Opposition Leader
Greenpeace Still Making Fake Wind Claims Greenpeace Still Making Fake Wind Claims