Water Power: Finance

(asked on 25th May 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, pursuant to the Answer of 24 May 2021 to Question 2860, whether the parameters for the next allocation round of Pot 2 Contracts for Difference auctions will change to support the development of wave and tidal stream technologies.


Answered by
Anne-Marie Trevelyan Portrait
Anne-Marie Trevelyan
Minister of State (Foreign, Commonwealth and Development Office)
This question was answered on 7th June 2021

Wave and tidal stream projects remain eligible to compete in Pot 2 for Contracts for Difference auctions. We will publish specific allocation round parameters in advance of the next auction, including consideration of technology-specific minima.

Reticulating Splines