To ask His Majesty's Government, further to The Offshore Renewable Energy Catapult’s report Cost Reduction Pathway of Tidal Stream Energy in the UK and France, published on 17 October, whether they will keep a ringfenced amount of generation of tidal stream energy in upcoming Contracts for Difference auctions.
Answered on
7 November 2022
The Government is currently developing auction parameters for Allocation Round 5 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 details of these parameters ahead of the round opening in March 2023.
Answered by
Department for Business, Energy and Industrial Strategy