Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate his Department has made of the levelised cost of energy of new tidal projects.
BEIS’s most recent published assessment of electricity generation costs can be found in the generation costs report (2016)[1] which covers both renewable and non-renewable technologies. This report is available here: https://www.gov.uk/government/publications/beis-electricity-generation-costs-november-2016
We are currently undertaking a review of our evidence on levelised costs of electricity generation.