Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, whether he expects the budget for ringfenced support for tidal stream energy in Allocation Round 5 for Contracts for Difference will be at least as large as that provided in Allocation Round 4.

Final parameters for Allocation Round 5 (AR5) are currently under development. This involves a careful analysis of all technologies available in AR5, including tidal stream energy, against the Government's legal obligations. The Government is considering the appropriate parameters to ensure a competitive auction and the sufficient deployment of all technologies. Budgets set will reflect parameter decisions. A Budget Notice for AR5 with the full auction and budgetary details will be published in March 2023.