£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

Specialist legal practice triples in three years Director Mary Lowe with some of her team outside Mary E Lowe in Park Street Lytham

Specialist legal practice triples in three years

10 Jan 2025

2

CoolKit partners with HEAT centre to advance skills in sustainable automotive technology The HEAT Centre

CoolKit partners with HEAT centre to advance skills in sustainable automotive technology

10 Jan 2025

3

Kelmore welcomes new area sales manager to support rapid growth Tom Cheevers and Steve Kean

Kelmore welcomes new area sales manager to support rapid growth

10 Jan 2025

4

Boost scale up support helps LCM Environment services with rebranding LCM team with county councillor Carole Haythornthwaite

Boost scale up support helps LCM Environment services with rebranding

09 Jan 2025

5

IN4 Group delivers £44m in social impact and supports more than 3,000 people in tech careers IN4 Groups Skills City graduates

IN4 Group delivers £44m in social impact and supports more than 3,000 people in tech careers

09 Jan 2025

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
The Lancashire Festival of Business
FOB 315
Exhibitions
30 Jan 2025

The Lancashire Festival of Business

Impact Conferencing, Burnley, BB12 6QP

09:30 - 16:00

Skills Bootcamp in Procurement - Cohort 3
Blue-Modern-Land-Travel-Youtube-Thumbnail-2-1024x576.png.png
LBV Hub Awards
14 Jan 2025 - 18 Mar 2025

Skills Bootcamp in Procurement - Cohort 3

Community & Business Partners CIC, Blackburn, BB2 3UA

09:30 - 13:00

Preston Tech Connection - January Meet-Up
Nov Preston Tech Connection event banner-4.png.png
LBV Hub Networking
15 Jan 2025 - 15 Jan 2025

Preston Tech Connection - January Meet-Up

Society1 Coworking Space, Preston, PR1 3LT

18:00 - 19:30

R.I.S.E. and Shine
thumbnail_Emma Weston Illustration WENDY BOWERS RISE Illustrstion.jpg.jpg
LBV Hub Seminars
16 Jan 2025 - 16 Jan 2025

R.I.S.E. and Shine

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

08:45 - 11:00

The Business Network Central & East Lancashire
LBV Hub Networking
16 Jan 2025 - 16 Jan 2025

The Business Network Central & East Lancashire

Mytton Fold, Langho, BB6 8AB

11:30 - 14:15

LBV120 Magazine Launch Event
DSC9389
Networking
17 Jan 2025

LBV120 Magazine Launch Event

Lancastrian Suite, Town Hall, Chorley, PR7 1DP

08:30 - 10:30

Sub36 Networking - Behind the beans
Sub36 Social1200Atkinsons New
Networking
14 Feb 2025

Sub36 Networking - Behind the beans

Atkinsons Speciality Coffee, Lancaster, LA1 1 EX

09:00 - 11:30

Red Rose Awards 2025
Red Rose Awards 2025
Awards
13 Mar 2025

Red Rose Awards 2025

Winter Gardens Blackpool

18:00 - 11:59

Lancashire Business Day 2025
241122lbvlancashiredaylhp0647web
Networking
27 Nov 2025

Lancashire Business Day 2025

12:00 - 17:00

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 LBV118 Online Graphic
Subscribe now

Weekly news bulletin