Written Question·Department for Energy Security and Net Zero·UIN 10590

Tidal Power

Tabled: 22 October 2024

Answered: 30 October 2024

Question

Joe Robertson

To ask the Secretary of State for Energy Security and Net Zero, if he will make an assessment of the potential merits of increasing the tidal stream ring-fence to £30m in Allocation Round 7 of the upcoming Contracts for Difference auction.

Answer

Michael Shanks

Six tidal stream projects were successful in Allocation Round 6, meaning that just over half of the world's tidal stream deployment is in UK waters. The Secretary of State is working with industry to accelerate ways the Contracts for Difference scheme can...

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