Tidal Power: Finance

(asked on 31st January 2024) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, if her Department will set a £30m tidal stream ringfence for Allocation Round 6.


Answered by
Andrew Bowie Portrait
Andrew Bowie
Shadow Minister (Energy Security and Net Zero)
This question was answered on 5th February 2024

The Government is undertaking analysis of the technology pipeline available for Contracts for Difference Auction Round 6 against our legal obligation to ensure the auction round is competitive. We are considering the appropriate parameters for all technologies, including tidal stream. Final parameters will be published in the Budget Notice in March 2024, ahead of the round opening.

Reticulating Splines