Ed Miliband

Ed Miliband

Labour — Doncaster North

Speaking in the House of Commons on 3 September 2024

Debate

Contracts for Difference

Contribution

When I came into office and examined the issues around pot 2, which covers tidal, I was very keen to make sure that we increased the tidal minimum, which we did by 50%. These are important discussions to continue. There is a dilemma here, as the right hon. Gentleman will know, which is that tidal remains relatively expensive, but the point of the tidal developers is that many technologies remained expensive until they were deployed at scale. These are hard questions, because they are about value for money and how much we invest in tidal, but my Department needs to have those important discussions.

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