Question to the Department for Energy Security & Net Zero:

To ask His Majesty's Government what assessment they have made of the case for establishing a separate contracts for difference funding pot for wave energy generation, so that its funding is no longer in competition with technologies which are closer to market.

The Government is developing auction parameters for the sixth allocation round of the Contracts for Difference scheme, including any for wave technologies. This will take into account several factors, including evidence of the pipeline of available projects. Final parameters, including the budget, will be published ahead of the round opening in March 2024.