Mark Shorrock – CEO at Shire Oak Energy & Tidal Lagoon Power

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23rd April 2019, 7:30 am, Sophia Gardens Cardiff Stadium

At 49, Mark is a British, clean power systems developer with 16 years’ experience growing the UK’s low carbon power generation capacity.  He has been responsible for achieving over 30 planning consents, including the development and construction of UK-based solar and wind sites with a total installed capacity of 302MW, and the Nationally Significant Infrastructure Project consent for Swansea Bay Tidal Lagoon.  At one point he owned the largest pre-consent pipeline of UK wind assets in 2006.  Mark has raised and deployed over £400m in solar and wind projects and raised £1.3bn (conditionally) for Swansea Bay Tidal Lagoon.

Mark pioneered two first-of-kind renewable energy investment vehicles, one specialising in early stage low carbon companies and the other focused on solar power investments.

Mark’s epiphany about tidal range power struck in 2011, having visited over 135 investment managers to explain virtues of investments in solar, wind, biomass, nuclear, tidal stream and tidal range. He started working towards a tidal lagoon at Swansea Bay in 2011 and created and staffed Tidal Lagoon Power in 2012 to begin work on a programme of six UK tidal lagoons, addressing project risks in the areas of environment, build cost, turbines, grid, land, planning and local stakeholders.

The first of these tidal lagoons, the 320MW Swansea Bay Tidal Lagoon, was awarded a Development Consent Order in 2015 and is being prepared for construction. Initial plans for a subsequent Cardiff Tidal Lagoon, around 3GW in installed capacity, were first unveiled in March 2015. The company is also actively examining opportunities for international deployment.