Question to the Department for Business, Energy and Industrial Strategy:
To ask His Majesty's Government what discussions they have had (1) internally, and (2) with industry, in the past 12 months on increasing (a) the production of wave and tidal energy, and (b) innovative funding mechanisms to increase such production; and further to the Written Answer by Lord Callanan on 31 October (HL2667), what plans they have to put a copy of the analysis on the cost-effectiveness of marine energy in the Library of the House.
Last year the Government consulted on the draft energy National Policy Statements which include provisions for tidal energy. A response will be published in due course. The Government is also exploring options for increasing the production of tidal energy including innovative funding mechanisms.
The report on the role and value of Tidal Stream Generation in the Future UK Energy System is attached and is publicly available on the Offshore Renewable Energy Catapult website.