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Water Power: Finance

Question for Department for Business, Energy and Industrial Strategy

UIN 130781, tabled on 16 December 2020

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment his Department has made of the potential merits of further investment in tidal stream and wave technology and project developers as part of the Government's strategy to reach Net Zero by 2050.

Answered on

13 January 2021

The Government recently ran a Call for Evidence inviting views on what scope there is for marine technologies across the UK, including examining what additional support could move technologies towards commercialisation. This concluded on 30th September 2020 and we are currently reviewing the responses received.

Answered by

Department for Business, Energy and Industrial Strategy