Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make an assessment of the adequacy of the £20 million of ring-fenced funding for tidal marine energy as part of the Contracts for Difference Scheme; and if the Government will provide increased ring-fenced funding should that assessment find those funds to be insufficient.

The next Contracts for Difference round will be the biggest yet, affirming this Government’s commitment to fully decarbonise the electricity system by 2035. The £20m ringfenced support for Tidal Stream is sufficient to kick-start innovation across the UK and balances our objectives of decarbonisation, fairness and value for electricity billpayers.