Councillor Andrew Morgan, Chair of the Cardiff Capital Region Cabinet, and Leader of Rhondda Cynon Taf County Borough Council, said:
“The UK Government announcement today (Monday) that it will not support the Tidal Lagoon project at Swansea is extremely disappointing. This is a lost opportunity for South Wales in many ways – in terms of lost jobs, in terms of lost investment and in terms of lost technology and innovation.
“The potential of Tidal Lagoon and the subsequent projects the company behind it have proposed are too much of an opportunity to be lost.
“We would urge the UK Government to reconsider its decision, or for alternative solutions to be found to ensure this project becomes a reality.”