Renewable Energy: Finance

(asked on 28th June 2021) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he has taken to prepare for the Contracts for Difference Auction Round 4 taking place in 2021, in relation to dedicated capacity; and what steps he is taking to put in place strike price arrangements to support tidal stream and wave technology deployment in Welsh waters and across the UK.


Answered by
Anne-Marie Trevelyan Portrait
Anne-Marie Trevelyan
Minister of State (Foreign, Commonwealth and Development Office)
This question was answered on 1st July 2021

Wave and tidal stream projects remain eligible to compete in Pot 2 for Contracts for Difference auctions. We are currently developing parameters for Allocation Round 4 and will publish these well in advance of the next auction, including consideration of technology-specific minima.

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