Water Power: Finance

(asked on 19th May 2021) - View Source

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 allocate 100MW to wave and tidal projects within the Contracts For Difference Auction Round 4 to support project pipeline and expand the deployment of those technologies.


Answered by
Anne-Marie Trevelyan Portrait
Anne-Marie Trevelyan
Minister of State (Foreign, Commonwealth and Development Office)
This question was answered on 28th May 2021

The Government recently ran a Call for Evidence inviting views on the scope for marine technologies across the UK. This concluded on 30th September 2020 and we are currently reviewing the responses received. Wave and tidal stream projects remain eligible to compete in Pot 2 for CfD auctions. We will publish specific allocation round parameters in advance of the next auction, including consideration of technology-specific minima.

Reticulating Splines