Water Power: Industry
(asked on 3rd March 2025) - View Source
Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of the role marine energy will play in the UK's industrial strategy.
Answered by
Michael Shanks
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
The Industrial Strategy will channel support to eight growth-driving sectors, including the Clean Energy sector, and will be published in Spring 2025. These are sectors in which the UK excels today and will propel us tomorrow.
Regarding marine energy, existing policy levers such as the Contracts for Difference scheme and innovation funding delivered by UK Research & Innovation offer substantial levers to unlock marine energy deployment and support supply chain development.