Oral Answers to Questions

Virginia Crosbie Excerpts
Tuesday 25th October 2022

(2 years ago)

Commons Chamber
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Graham Stuart Portrait Graham Stuart
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We are seeing these technologies mature, and the hon. Gentleman is right: tidal and floating offshore wind projects have won CfDs for the first time ever, which will help these industries grow and strengthen Britain’s homegrown renewables sector. As he says, we have tremendous tidal potential in this country. He mentioned a site further north, but the Severn estuary has the second highest tidal range in the world, so if we can get it right, there is huge untapped potential.

Virginia Crosbie Portrait Virginia Crosbie (Ynys Môn) (Con)
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Anglesey is known as energy island. We have wind, wave, solar, tidal, hydrogen and hopefully new nuclear. We have two excellent tidal marine companies, Morlais and Minesto. When will the Minister publish the parameters for the fifth CfD auction, which is opening in March next year?

Graham Stuart Portrait Graham Stuart
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As my hon. Friend says, the fifth round is very exciting. We are moving from two-yearly to annual rounds—of course, they were interrupted by the pandemic, so it became slightly longer than that. After 11 GW last year and with new technologies coming through, we will come forward soon with information on that. I look forward to seeing that yearly set-up leading to even more renewables coming onstream.