Commenting on the Hendry Review, which has today officially backed Swansea Bay Tidal Lagoon, Anil Iyer chief operating officer, Association for Consultancy and Engineering (ACE) said:

"ACE is pleased to see the government has made a positive decision with regard to the tidal lagoon project in South Wales. This will make an important contribution to the UK's energy security for the foreseeable future and will go some way to ensuring that the energy mix is sufficient to meet base and peak demand levels. It is also an important signal that the government recognises tidal energy as a viable source of future energy generation, meaning more projects of a similar nature can come forward.

"With the confidence and certainty provided by this decision, our sector can now ensure that the resources needed to deliver this scheme on time and on budget are effectively allocated. It will also enable further financing packages to be assembled, and we would encourage all parties to begin this process as soon as possible to ensure momentum is maintained."

ENDS