Swansea tidal lagoon project faces delays

Government negotiations over financing means project may not produce power until 2021, a year later than originally planned

The proposed scheme to build the world's first tidal lagoon at Swansea Bay in south Wales has been put back at least a year following delays over the government agreeing the size of any subsidy.

The 1bn project is also subject to an ongoing investigation into whether a major contract to a Chinese state company to build a breakwater was properly awarded.