Tidal Power: Contracts

(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 she will make an assessment of the potential merits of (a) setting a 1GW tidal stream target for 2035 and (b) taking steps to support UK companies bidding for tidal stream contracts (i) in the UK and (ii) abroad.


Answered by
Andrew Bowie Portrait
Andrew Bowie
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 5th February 2024

The Government will continue to review the merits of setting a potential target for tidal stream deployment.

The Department continues to engage with the Department for Business and Trade on maximising private investment opportunities for the tidal stream companies, as well as with the tidal stream industry.

An unprecedented 94MW of tidal stream capacity has been secured through the Contracts for Difference scheme so far, including 11 contracts in the latest round.

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