Tidal Power
Commons · Question 10590 · Tabled 22 Oct 2024 · Department for Energy Security and Net Zero · Official record
Answered 30 Oct 2024
Question
Asked by 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
Answered by Michael Shanks, 30 Oct 2024
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...