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 potential merits of promoting initiatives to increase opportunities for tidal power projects in the UK.
The Government announced in November that the fourth Contracts for Difference allocation round will feature a £20m annual ringfenced budget for tidal stream energy. This builds on a long and continuing history of government support for the tidal power sector and opens up possibilities for Britain’s marine energy sector to play a key role in strengthening energy security and reducing our dependency on fossil fuels.