Tidal Power: Finance

(asked on 10th October 2025) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, whether his Department will consider setting a £40m tidal stream ringfence in Allocation Round 7 of the Contracts for Difference mechanism.


Answered by
Michael Shanks Portrait
Michael Shanks
Minister of State (Department for Energy Security and Net Zero)
This question was answered on 20th October 2025

The Government is undertaking analysis of the technology pipeline available for Contracts for Difference Auction Round 7 against our legal obligations. We are considering the appropriate parameters for all technologies, including tidal stream. Final parameters will be published in the Budget Notice by December 2025.

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