Tidal Power: Finance

(asked on 23rd November 2022) - View Source

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

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he will include ringfenced tidal energy in the upcoming AR5 contracts for difference auction.


Answered by
Graham Stuart Portrait
Graham Stuart
This question was answered on 28th November 2022

The Department is currently developing Allocation Round (AR) 5 auction parameters for all technologies, including for tidal stream, taking into account evidence from stakeholders. Full parameters will be published in the Budget Notice in March 2023.

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