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Tidal Power: Finance

Question for Department for Energy Security and Net Zero

UIN 601, tabled on 18 July 2024

To ask the Secretary of State for Energy Security and Net Zero, if he will make an assessment of the potential merits of increasing the minimum ringfence for Tidal Stream projects to £30 million for Allocation Round 6 of the upcoming Contracts for Difference auction.

Answered on

23 July 2024

The minimum budget for tidal stream was set in March at £10m.

The Secretary of State will confirm his decision on whether to increase the AR6 budget by 1st August, before the AR6 bidding window opens.

Named day
Named day questions only occur in the House of Commons. The MP tabling the question specifies the date on which they should receive an answer. MPs may not table more than five named day questions on a single day.