Marine Energy Sector Support

Part of Scotland – in the House of Commons at on 6 March 2024.

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Photo of John Lamont John Lamont The Parliamentary Under-Secretary of State for Scotland

The Government are firmly committed to supporting Scotland’s marine energy sector to grow. Around 80% of tidal stream contracts awarded through contracts for difference in the last two rounds will be deployed in Scotland. In addition, Horizon Europe selected two Scottish-based UK tidal stream developers to deliver projects in Orkney. They will lead construction on two £17 million projects, funded by the UK Government’s financial guarantee.