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<p>If built, the tidal lagoon at Swansea Bay is anticipated to generate approximately
0.5 TWh/year. The levelised cost of the project (in MWh) would depend on a number
of factors including the capital costs, operating costs, operating profile, load factor
and financing rates. For reasons of commercial sensitivity I cannot comment on the
specifics of the developer’s latest proposal. Its contribution to security of supply
would be subject to a number of factors including the state of the tides.</p>
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