The Growth Deal investment will fund an expansion of the Morlais project called Cydnerth, which will develop an additional grid connection allowing tidal energy developers to deploy more turbines within the Morlais zone. The proposed expansion will create new jobs and supply chain opportunities for the region and additional capacity to generate renewable energy.
Morlais is located off the northwest coast of Holy Island, Anglesey and aims to generate electricity through tidal energy. Once the infrastructure is in place, it will use some of the best tidal resources in Europe.
Ambition North Wales is working with lead sponsor, Menter Môn to develop this project.
Which stage has the project reached?
The planning phase of the spending proposal. Assessing the strategic context for the project and demonstrating how it provides synergy with other projects within the portfolio.
The scoping phase of the project. Making the case for change and identifying the preferred way forward.
The planning phase for the project. Identifying the options that provide value for money, confirming the affordability of the project and determining the arrangements for the successful delivery of the project.
The Outline Business Case is presented to the North Wales Economic Ambition Board for approval. When approved the procurement phase of the project can begin.
The procurement phase of the project. Recording the findings of the procurement and confirming the management arrangements for the delivery, monitoring and evaluation of the project.
The Full Business Case is presented to the North Wales Economic Ambition Board for approval. When approved the implementation phase of the project can begin.
The project implementation phase. The Full Business Case is used as a reference point to deliver the project and monitor progress.
The post project implementation stage. Evaluating how well the project was delivered and lessons learnt. The Full Business Case is used to determine the extent the anticipated benefits were delivered and realised.