Question to the Department for Energy Security & Net Zero:
To ask His Majesty's Government what assessment they have made of the potential generating capacity of UK tidal stream and wave energy resources; and what steps they are taking to realise this potential.
The Government recognises the potential of marine energy to support the UK’s transition to net zero. Independent studies, including those by the Carbon Trust and the Royal Society, have assessed the scale and value of the UK’s tidal stream and wave energy resources.
We continue to drive UK marine energy development through policy levers such as the Contracts for Difference scheme and innovation funding delivered via UK Research & Innovation. Through these measures, the UK is on track to deploy over 120 MW of tidal stream capacity by 2029, secured through the last three CfD allocation rounds.