Severn Barrage: MPs cast doubt on project's future
10 June 2013 Last updated at 19:32 BST
Plans for a £25bn barrage in the Severn Estuary should not go ahead in their current form, a committee of MPs says.
Hafren Power wants to build an 11-mile barrage between Lavernock Point near Penarth, Vale of Glamorgan, and Brean near Weston-super-Mare, Somerset.
But MPs said Hafren had failed to make the case that it would be good for the economy or the environment.
The firm responded by calling the MPs' verdict "unhelpful and frustrating", adding the company had more work to do.
BBC Wales' Parliamentary Correspondent David Cornock reports, followed by an interview with business correspondent Nick Servini.