Financial Times FT.com

Entrepreneurs eye Severn barrage scheme

By Philip Stafford

Published: April 26 2009 23:40 | Last updated: April 26 2009 23:40

Wales’ small businesses may be currently concerned about the cost of crossing the Severn Bridge, but entrepreneurs could be more interested in what flows underneath it.

Earlier this month, the Welsh Assembly, together with the Department of Energy and Climate Change, earmarked a £500,000 fund to help new environmental technology companies to develop ways of generating electricity from the river, which has the world’s second-biggest tidal range at 45ft (14m).

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