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 £7m wave energy ringfence in Allocation Round 7 of the Contracts for Difference mechanism.

Allocation Round 7 (AR7) budget details will be published shortly, before the bidding window opens.

Any decisions regarding the AR7 budget, including any minima, maxima or ringfences, are based on a wide range of factors, including an assessment of the pipeline of projects that could participate in the auction. The budget is set to help support effective competition in the CfD auction with the aim of delivering low carbon electricity deployment at low-cost to the consumer and supporting investment in emerging technologies.