£200m tidal energy power station set for Wyre

Natural Energy Wyre has launched the UK’s first Estuary Tidal Barrage project spanning the river Wyre.

The deal, granting exclusivity rights to build a tidal barrage across the river Wyre, means that the project managed by Natural Energy Wyre is now able to move forward to the funding and planning application stage.

Bob Long, managing director of Natural Energy Wyre, said:“This is a real milestone in the project, it’s one of the most exciting stages now and gives us the green light to move forward with the next stage in developing a clean renewable energy project right here in the North West of the UK.

The project will now move forward with securing the £10m stage one funding which is needed for full completion of the planning application with the project based on proven current turbine and energy production technologies covering the 600m span of the mouth of the river with six turbines.

The project has the support of many key stakeholders including Wyre Council, cross party support at Lancashire County Council, Arup, Lancaster University, Andritz Hydro and leading environmental consultants Hyder, as well as the Duchy of Lancaster.

The scheme will also have a profound impact on the surrounding area with a list of benefits including an increase in water based activities on the river, commercial investment due to carbon credit incentives for energy hungry processes, flood defence and the potential creation of thousands of jobs. The next phase is the planning process including full public consultation and then the construction stages. Full construction is anticipated to take three years before the Wyre Tidal Barrage will be fully functioning, producing renewable energy four times a day, on the turn of the tide, for over 100 years.

Enjoyed this? Read more from Lancashire Business View

Latest news

1

Westinghouse Springfields celebrates 80 record-breaking years Sophie Lemaire Marc Chevrel Rory ONeill Craig Boothby and Robert Gofton from Westinghouse

Westinghouse Springfields celebrates 80 record-breaking years

30 Mar 2026

2

Toy Story is the latest chapter in FWP's Mill Farm masterplan Mill Farm

Toy Story is the latest chapter in FWP's Mill Farm masterplan

30 Mar 2026

3

Preston appoint new director of environment and property Sarah Robinson

Preston appoint new director of environment and property

27 Mar 2026

4

Public consultation for proposed merger of Blackpool and The Fylde College and Furness College Blackpool and the Fylde College

Public consultation for proposed merger of Blackpool and The Fylde College and Furness College

26 Mar 2026

5

Preston Council invests £1m in plans NW Mutual Bank NW Mutual Bank

Preston Council invests £1m in plans NW Mutual Bank

26 Mar 2026

Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
AI & Cybersecurity Summit
AI and Cybersecurity Logo
Summit
28 Apr 2026

AI & Cybersecurity Summit

Dunkenhalgh House , Blackburn Road, Clayton Le Moors, BB5 5JP

08:30 - 11:00

Sub36 Networking - Outdoor Elements
Sub36 Outdoor Elements Logo1920x1008
Networking
29 Apr 2026

Sub36 Networking - Outdoor Elements

Outdoor Elements, Pump House Dean Wood, Trapp Lane, Burnley, BB12 7JD

09:00 - 11:00

LBV Magazine Networking Events - SAVE THE DATES
Jan/ Feb Networking Event - Talking
Networking
14 May 2026

LBV Magazine Networking Events - SAVE THE DATES

Lancashire

08:30 - 10:30

RISE - a tailored 6 month leadership programme for women across the North West
WENDY BOWERS RISE Illustrstion copy.jpg.jpg
LBV Hub Seminars
15 Apr 2026 - 15 Apr 2026

RISE - a tailored 6 month leadership programme for women across the North West

East Lancashire Chamber of Commerce, Clayton le Moors, BB5 5JR

09:00 - 15:30

The Business Network Central and East Lancashire
LBV Header (31).png.png
LBV Hub Networking
16 Apr 2026 - 16 Apr 2026

The Business Network Central and East Lancashire

Mytton Fold, Blackburn, BB6 8AB

11:30 - 14:15

Sickness Absence: key actions for your business
Logo.jpg.jpg
LBV Hub Seminars
22 Apr 2026 - 22 Feb 2026

Sickness Absence: key actions for your business

The Longlands Hotel, Carnforth, LA6 1JH

08:00 - 10:00

Freelancer Meet-Up April
April Freelancer Instagram size.png.png
LBV Hub Networking
23 Apr 2026 - 23 Apr 2026

Freelancer Meet-Up April

Society1 Coworking Space, Preston, PR1 3LT

10:00 - 00:00

Vibe Coding: "Who owns what when no one wrote the code?"
April PTC Banner.png.png
LBV Hub Networking
28 Apr 2026 - 28 Apr 2026

Vibe Coding: "Who owns what when no one wrote the code?"

Society1 Coworking Space, Preston, PR1 3LT

18:00 - 19:30

Dazzle & Decadence
Dazzle & Decadence TryBooking Header.png.png
LBV Hub Fundraisers
30 Apr 2026

Dazzle & Decadence

Ainsworth Jewellers, 57-59 Darwen St, Blackburn, BB2 2BW

18:00 - 20:00

Blackburn Beer and Gin Festival 2026
Blackburn Beer and Gin Festival 2026
LBV Hub Social
01 May 2026

Blackburn Beer and Gin Festival 2026

BB1 8NB

17:00 - 23:00

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV124 Online Graphic
Subscribe now

Weekly news bulletin