CNBC

Initial proposals for a tidal barrage spanning the Mersey were formulated way back in 1924. The River Mersey is one of Europe's most iconic waterways. On top ...

is looking to harness its extensive coastline and become a force in the emerging marine energy sector. "Government action will allow us the confidence to move forward," he said. The International Renewable Energy Agency describes tidal lagoons as being similar to a barrage, but adds that "they are not necessarily connected to the shore" and are able to "sit within the ocean." "They can also affect navigation and recreation." "Or, alternatively, it could be a lagoon." for big infrastructure projects." "We have shown that we have the skills, capabilities — and the political will — to make Mersey Tidal Power a success," he said. The River Mersey is one of Europe's most iconic waterways. "And then we let that water, that seawater, pass through turbines and generate electricity," he added. Energy Information Administration](https://www.eia.gov/energyexplained/hydropower/tidal-power.php#:~:text=A%20potential%20disadvantage%20of%20tidal,also%20affect%20navigation%20and%20recreation.) notes that one "potential disadvantage of tidal power is the effect a tidal station can have on plants and animals in estuaries of the tidal basin." the left bank of the Mersey, to the right bank, the Liverpool side," he said. Authorities in Liverpool want the river to be home to a huge tidal power project which, they say, could power as many as 1 million homes, generating thousands of jobs for the region in the process.