PARLIAMENTARY WRITTEN QUESTION
Tidal Power: Finance (7 November 2023)

To ask the Secretary of State for Energy Security and Net Zero, if she will make an assessment of the potential merits of (a) maintaining a ringfence for tidal stream renewable energy technologies in allocation round six of the Contracts for Difference scheme and (b) setting a target of 1GW for tidal stream technologies by 2035.

Asked by:
Mark Garnier (Conservative)

The Government is currently developing auction parameters for Allocation Round 6 of the Contracts for Difference scheme, including any for tidal stream, taking into account evidence of the pipeline of available projects. The Government will publish core parameters for the round later this month, and final parameters, including the budget, ahead of the round opening in March 2024.The Government will review the merits of setting an ambition for tidal stream deployment.

Answered by:
Graham Stuart (Conservative)
13 November 2023