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<p>My rt. hon. Friend the Secretary of State made a statement to the House on Monday
25 June 2018 setting out our position on the support for the proposed Swansea Bay
Tidal Lagoon project. The Department’s analysis of the project and the proposed follow-on
programme of lagoons was that it did not represent value for money. This remains the
Department’s position.</p><p> </p><p>The Government has said it is open to considering
well developed, privately developed tidal range projects. However they must be able
to demonstrate credibly that they would represent value for money.</p>
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