Zac Goldsmith
Conservative, Richmond Park
To ask the Secretary of State for Energy and Climate Change what plans he has to support tidal stream and wave technologies in the context of his proposals for electricity market reform.
Michael Fallon
The Minister of State, Department for Business, Innovation and Skills , Minister of State, Department of Energy and Climate Change
Tidal stream and wave technologies will be eligible for support under the Feed in Tariffs with Contracts for Difference (CfDs) which are being introduced as part of electricity market reform. These technologies are still at an early-stage of development accordingly, we are consulting on CfD strike prices of £305/MWh for both tidal stream and wave technologies for projects commissioning in the years 2014 to 2018-19. Further detail is set out in our EMR Delivery Plan consultation, which is available at:
www.gov.uk/government/consultations/consultation-on-the-draft-electricity-market-reform-delivery
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