{"id":57413,"date":"2019-05-23T08:37:18","date_gmt":"2019-05-23T07:37:18","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=57413"},"modified":"2019-05-23T08:37:18","modified_gmt":"2019-05-23T07:37:18","slug":"swansea-bay-energy-island","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/energy-news\/swansea-bay-energy-island\/57413\/","title":{"rendered":"Swansea Bay Energy Island proposes floating modular homes"},"content":{"rendered":"

New plans for a tidal lagoon and floating modular homes as part of a renewable energy development in Swansea Bay are financially viable, according to an independent report<\/h2>\n

The tidal lagoon would form part of a new Dragon Energy island off the Swansea coast\u00a0which could create thousands of jobs.<\/p>\n

The new proposals include a floating modular homes development, underwater data centre, solar farm and the production of pure hydrogen and pure oxygen on site for storage or sale.<\/p>\n

Giant underwater turbines would also feature as part of the proposed Dragon Energy Island, helping to power thousands of homes across Swansea and beyond.<\/p>\n

The potential for a public procurement arrangement has also been proposed, which could see councils and other public sector organisations buying electricity directly from the energy island<\/a>.<\/p>\n

The report says there is potential to make significant savings of up to 30% on the capital costs of the project.<\/p>\n

The\u00a0report by Holistic Capital<\/a>, a sourcing company, was commissioned by a Swansea Bay City Region task force set up to explore options to deliver the tidal lagoon following the UK Government’s decision not to proceed with previous proposals in June 2018.<\/p>\n

Councillor Rob Stewart, Swansea Council<\/a> Leader and chairman of the City Region’s task force, said: “Despite the UK Government not backing the previous proposals, we never gave up hope on the opportunity to deliver a major renewables project in Swansea Bay.<\/p>\n

“An enormous amount of hard work has taken place behind the scenes to develop a new proposal that will generate clean, green power for many generations to come.<\/p>\n

“The new proposal is a larger and more ambitious renewable energy development that’s built upon the natural tidal benefits of Swansea Bay and complementary technology to generate zero-carbon power<\/a>.<\/p>\n

“The tidal lagoon is at the heart of the new proposal and gives us the opportunity to create a new floating community of homes and businesses within the sea wall. This has already been successful in countries like Holland, Germany and Denmark,\u00a0providing a sustainable solution to issues including population density and climate change.<\/p>\n

“This project will place Swansea Bay at the forefront of worldwide marine energy innovation, create thousands of jobs, boost local supply chain businesses, and help develop a globally significant export industry in Swansea Bay.<\/p>\n

“Importantly, the independent report has found this new proposal to be credible and financially viable with the potential to make savings of up to 30% on previous estimates.<\/p>\n

“There’s considerable interest from major companies in turning this opportunity into a commercial reality, so we’re now keen to move forward.”<\/p>\n

The Dragon Energy Island would be based on the footprint of the former lagoon proposal and would generate a combination of marine, solar and hydrogen energy.<\/p>\n

The report is due to be considered by the Swansea Bay City Region’s Joint Committee before next steps are explored.<\/p>\n

Construction could start in 2021, with the Dragon Energy Island potentially operational by the end of 2026.<\/p>\n

Councillor Stewart added: “The Dragon Energy Island proposal meets all the needs of the Well-being of Future Generations Act, while also closely aligning to the Homes as Power Stations project due to be part-funded by the \u00a31.3bn Swansea Bay City Deal.<\/p>\n

“It will greatly reduce our carbon footprint and has the potential to benefit residents and businesses across Swansea and other parts of the City Region for over 120 years.<\/p>\n

“Given the encouraging findings of the Holistic Capital report and the continued strength of support throughout South Wales and beyond for a project of this kind, we’re now more determined than ever to deliver.”<\/p>\n

\n<\/div>","protected":false},"excerpt":{"rendered":"

New plans for a tidal lagoon and floating modular homes as part of a renewable energy development in Swansea Bay are financially viable, according to an independent report.<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[307],"tags":[430,673,627,952,669],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-57413","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-energy-news","7":"tag-energy-efficiency","8":"tag-energy","9":"tag-modular-construction","10":"tag-planning","11":"tag-regeneration"},"acf":[],"yoast_head":"\nSwansea Bay Energy Island proposes floating modular homes<\/title>\n<meta name=\"description\" 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