£1.7 billion project announced for Swansea
£1.7 billion transport hub and port development project announced for Swansea
A £1.7 billion project creating thousands of well-paid jobs and placing Wales at the forefront of renewable energy innovation has been announced by an international consortium.
The ground-breaking project proposed for Swansea’s waterfront will include a newly designed tidal lagoon, featuring state-of-the-art underwater turbines generating 320 megawatts of renewable energy from the 9.5 km structure.
The lagoon is part of a larger proposed project that’s being led by Bridgend-based DST Innovations and a number of business partners, with support from Swansea Council and Associated British Ports.
Made possible by funding from the private sector, the innovative and economy-boosting development will be delivered in three phases over 12 years. The project also includes:
• A 60,000 square metre manufacturing plant to make high-tech batteries for renewable energy storage
• A battery facility that will store the renewable energy produced and power the site. If constructed now, it would be the world’s largest facility of its kind
• A 72,000 square metre floating solar array anchored in the Queen’s dock area, helping offset CO2 emissions by an estimated two million kilogrammes a year. This would be the UK’s largest facility of its kind, with potential for expansion
• A 94,000 square metre data centre storing, processing and providing network capabilities for the critical services needed in modern day operations. Entirely powered by an uninterruptable renewable energy power supply, this would be the UK’s first centre of its kind
• An oceanic and climate change research centre that will become a hub for global excellence and innovation
• Floating dome structures that will become cultural and scientific centres to be enjoyed by all
• Residential waterfront homes for 5,000 people
• Approximately 150 floating, highly energy-efficient eco-homes anchored in the water
The project will be sited along an extensive area of land and water, to the south of the Prince of Wales Dock in the SA1 area of Swansea.
All the project’s buildings and facilities, including the eco-homes, will be situated alongside the lagoon and will utilise and enhance the existing land in the area.
It will create over 2,500 permanent jobs and support a further 16,000 jobs across Wales and the UK, while creating additional jobs during its construction.
Renewable energy produced on site will power the entire development including businesses and a mixed development of affordable housing, assisted living areas and luxury apartments. Due to the innovation on-site, each home will have up to 20 years’ renewable energy and heat provision included with the sale of the properties.
The announcement comes as world leaders prepare to gather in Glasgow later this week for the COP26 summit to tackle climate change.
Tony Miles, Co-founder and Chief Executive of DST Innovations, said: “This is an opportunity to create a template for the world to follow – utilising renewable energy and maximising new technologies and thinking to develop not only a place to live and work, but also to thrive.”
The project has been developed following discussions based on a vision put forward by a regional task force led by Swansea Council.
Cllr Rob Stewart, Swansea Council Leader, said: “We are aware now more than ever of the need to develop renewable energy supplies to provide sustainable and affordable electricity to families and businesses.
“This project will put Swansea and Wales at the cutting-edge of global renewable energy innovation, helping create thousands of well-paid jobs, significantly cut our carbon footprint and further raise Swansea’s profile across the world as a place to invest.
“I’m delighted that an international consortium led by a Welsh company has developed our Dragon Energy Island vision into a ground-breaking project that delivers so many benefits and builds on the council’s ambition to become a net zero city by 2050.
“This project truly is a game-changer for Swansea, its economy and renewable energy in the UK, and crucially it can be delivered without the need for Government subsidies.”
Julie James, Member of the Senedd for Swansea West, said: “It’s so exciting to see this Swansea-based project moving forward at such an important time for Wales and the World. It will bring cutting-edge innovation and research, thousands of high-quality green jobs, excellent low carbon homes and abundant renewable energy. I am delighted to see both Swansea and Wales right up at the top of global innovation and decarbonisation, as it should be.
“The project will include a tidal lagoon, featuring state-of-the-art underwater turbines generating 320 megawatts of renewable energy. Swansea has one of the highest tidal ranges in the world, and this scheme will allow us to utilise the energy it provides to support our planet for future generations in a world-leading project we can all be proud of.
“Renewable energy produced on site will power the entire development, including businesses and a mixed development of affordable housing, assisted living areas and luxury apartments.”
Dr. Rutger de Graaf, Co-founder, Managing Director of of Blue21, said: “The project is a unique combination of addressing the root causes of climate change by generating renewable energy, and adapting to climate change impacts by implementing floating structures. At Blue21 we are excited to be involved as design and technology partner for all the floating parts of this project. We think that the unpresented scale and ambition of this sustainable project will set an example for coastal areas all over the world”
Andrew Harston, Director of Wales and Short Sea Ports for ABP, said: “We are engaged in discussions around the project which could deliver renewable energy, new homes and skilled jobs. This innovative prototype has the potential to be a first for the UK and bring Britain closer to our net zero target.
“This is an exciting project. If delivered, alongside ABP’s own vision for South Wales, the project could put the region at the very forefront of decarbonisation and digitalisation in Wales and at the vanguard of the energy transition journey and zero carbon living in the developed world.”
Senator Joe Manchin, Senator for West Virginia and Chairman of the Senate Energy and Natural Resources Committee, said: “The pioneering work being carried out by DST and Batri in both Wales and West Virginia, USA, is a shining example of global collaboration working at its best, delivering innovative solutions that provide substantial contribution to both our war on climate change, and sustaining jobs in our communities.”
In a joint statement, Henry Dixon, Chair of the Tidal Range Alliance, and Simon Hamlyn, Chief Executive of the British Hydropower Association, said: “The innovative and exciting project underlines the value of reliable renewable energy generation from a tidal lagoon.
“At a time when future energy security and stability is being questioned, the Tidal Range Alliance welcomes the launch of DST Innovation’s project.
“Alongside other schemes along the west coast of the UK, tidal range power generation has the potential to supply 5% – 10% of the country’s energy needs, reliably and predictably, unlike other intermittent renewables such as wind and solar.”
Subject to planning consent, work on site could start by early 2023.