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<p>The Government’s extensive Severn Tidal Power feasibility study and the recent
work as part of the Swansea Bay tidal lagoon Contract for Difference negotiations
show that costs for tidal lagoons may be broadly comparable to other tidal range technologies.
However, the detailed relative costs of projects will be dependent on their geographical
location, individual design and financing models.</p><p> </p><p>We have not made any
comparative assessment of costs with tidal stream technologies, which are at a very
early stage of development and have a highly different asset-life to tidal range.</p><p>
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