Written Question·Department for Energy Security and Net Zero·UIN 55029

Water Power: Finance

Tabled: 30 May 2025
Answered: 9 June 2025

Question

Steve Race

LabourExeter

To ask the Secretary of State for Energy Security and Net Zero, whether his Department has made an assessment of the potential impact of innovation funding on the Levelised Cost of Energy of marine energy technologies; and what steps he is taking to suppo

Answer

Michael Shanks
The department has not directly undertaken an assessment of the potential impact of innovation funding on the Levelised Cost of Energy of marine energy technologies, However, the Offshore Renewable Energy Catapult in their 2018 Tidal Stream and Wave Energ...

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