The married couple behind the £1 billion Swansea Lagoon tidal power scheme are professional subsidy scroungers who specialise in draining the government’s green cash coffers. An investigation by the Sun has revealed the full extent of Mark Shorrock and Juliet Davenport’s eco-troughing.
Juliet has been in the game a long time, working on carbon taxes for the European Parliament before setting up “Good Energy” which buys renewable energy and sells it onto eco-concious customers at premium rates. Mark has spent the past decade getting consent for 30 subsidised wind and solar farms, while spending his free time setting up various green investment vehicles.
Last year Juliet’s Good Energy bought 10% of the projected power from the Swansea lagoon for a £500,000 investment in its owners Tidal Lagoon Power. Mark happens to be the CEO of Tidal Lagoon Power. So the tax-payer will pay them to produce the energy, then they will be able to sell it on at a premium rate…
They have plans for 4 more lagoons. Of course they do…
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…