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 expanding the use of tidal power to help meet the UK's energy needs.
The Government announced in November 2021 that the fourth Contracts for Difference allocation round will feature a £20m annual ringfenced budget for tidal power. 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 dependency on fossil fuels. Moreover, the Government remains open to considering well-developed proposals for harnessing the tidal range energy in our bays and estuaries, provided that such proposals can demonstrate clear and beneficial impacts on the energy system and good value for money.