Department for Business, Energy and Industrial Strategy written question – answered at on 17 October 2022.
Virginia Crosbie
Conservative, Ynys Môn
To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to support tidal stream projects; and if he will set a target for marine energy generation.
Graham Stuart
Minister of State (Minister for Climate)
Tidal stream is a home-grown industry of considerable promise, and the UK remains the world leader in tidal stream generation technologies, with almost half of the world's deployment of this cutting-edge approach situated in UK waters.
The Government announced on 7 July that over 40MW of new tidal stream power has been secured in Scotland and Wales via the flagship Contracts for Difference scheme. This will quintuple the UK’s installed capacity and could treble the global capacity of installed tidal stream capacity by 2027.
It provides the industry with the opportunity to demonstrate the cost-efficiency and proof of scalability that the Government needs to see from our sources of renewable electricity.
Yes3 people think so
No1 person thinks not
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