Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential merits of a ringfenced contract for difference scheme for tidal stream energy; what steps he is taking to support the development of tidal stream renewable energy; and what his timetable is for the announcement of a ringfenced contract for difference for tidal stream energy.
The Government continues to finalise the arrangements and parameters for the fourth Contracts for Difference allocation round (CfD AR4), including any technology-specific budget ringfencing. In line with statutory timescales, the Government will announce these finalised arrangements before CfD AR4 opens in December 2021.