Tidal Lagoon Power Moves to New Premises
Having more than doubled its head office workforce in the past year, Tidal Lagoon Power moves into a new head office in Gloucester Docks.
A team of forty full time employees will be joined by up to ninety-five colleagues from Atkins and Costain, two of the delivery partners helping to prepare the world’s first tidal lagoon power plant for construction in Swansea Bay in spring 2015.
With capacity for 150 employees, Pillar & Lucy House gives the business a fitting waterside premises to accommodate further growth.
At 320MW installed capacity, with first power expected in 2018, Swansea Bay Tidal Lagoon will be the largest marine energy development in the world. Tidal Lagoon Power plans to use the blueprint it establishes to develop five full-scale tidal lagoons in UK waters, meeting approximately 8% of the UK’s electricity requirements.
Mark Shorrock, CEO of Tidal Lagoon Power: “Tidal lagoons will allow the UK to harness its incredible tidal range resource and offer a new option for affordable renewable energy deployment at a scale not seen before. The Severn Estuary is at the heart of this opportunity and so we are thrilled to move into a new base by the upper reaches of the River Severn.
“The roll-out of tidal lagoon infrastructure can bring significant advantage to UK industry, our coastal economies and our national balance of trade. With its rich industrial heritage and vibrant engineering sector, Gloucester is a perfect fit for our business.”
Richard Graham, MP for Gloucester: “This is further strong evidence of Gloucester on the up. Tidal Lagoon Power is a major hi tech marine energy business, and their move to the Gloucester Docks a significant investment in the future of our city. Up to 150 skilled jobs in such an innovative company, that will diversify our country’s sources of energy, is great news for our engineers and students studying science.”
Press Release, September 17, 2014