1. Social & Economic Impacts
Barrage or What?
Social & Economic Impacts

2. Cardiff-Weston Barrage:
Estimated construction cost: £20.9bn
Gross value-added over 40 years: £1.6 billion-£4.8 billion

3. Port of Bristol Current turnover: £70m:
Jobs: 600 direct employees, 7,500 jobs at risk

4. Port of Bristol
DTZ report: Net gain of jobs once a Weston-Cardiff barrage is completed

5. Tidal scheme construction benefits
From 500 to 1,500 new jobs a year
over 5-10 years

6. Tidal scheme construction benefits
BUT the proposed Bristol Port deep water expansion would create an estimated 1,800 new jobs

7. “The most economical port distribution location in the UK”
Port of Bristol
“The most economical port distribution location in the UK”

8. Impact of total loss of Bristol Port
Estimated £400m-800m loss of port-related revenue
Plus the cost of investing in alternative seaport and inland infrastructure facilities elsewhere

9. Negative impacts on fishing
During barrage construction: £5.6-£8.2 million, lost jobs
After barrage completion: £17.0-£25.8 million, lost jobs

10. Uncertain tourism benefits
Projected local tourism revenues: £ million
Between 20 and 130 new jobs

11. Marine leisure/marina development
No projections

12. Energy security is an economic issue
Energy gains
Energy security is an economic issue

13. Tidal energy generation potential:
Energy gains
Tidal energy generation potential:
0.6-15GW/17TW/h - Up to halfway towards UK’s 15% renewable energy target for 2020

14. Learning to live with uncertainty
Uncharted waters
Learning to live with uncertainty

15. How to weigh diverse opposing factors?
Apples and Pears

16. Risks of division are both regional and national
Political risks
Risks of division are both regional and national

17. Thank you for your attention!