Welsh Tidal Lagoon Challenge

The purpose of this Prior Information Notice (PIN) is to conduct a soft market testing exercise to inform the nature and quantum of any support the Welsh Government could provide for the construction of a tidal range electricity generation project on the Welsh coastline. At this stage Welsh Government is undertaking market engagement to ascertain if there is interest in any potential competition/procurement in the future to deliver a tidal lagoon capable of generating electricity with the winner(s) possibly receiving financial support from the Welsh Government. To inform its approach to the competition, the Welsh Government wishes to engage with organisations interested in the delivery of tidal range energy projects on the Welsh coastline, prior to the Welsh Government formulating a preferred approach to the competition and support package. The purpose of the market engagement is to understand the most appropriate approach to undertaking the competition, and the package of support to be offered by Welsh Government. Responding to this PIN does not place any compulsion on applicants to enter the competition or for the Welsh Government to proceed any further with any requirements.