Related Articles
Tidal and wave energy could provide the UK with 20pc of its power
Forward article link
Share PDF with colleagues

Tidal energy to feature in next UK auction

UK government ringfences £20mn/yr for tidal in upcoming renewable energy tender

The UK has announced it will allocate £20mn/yr ($26.6mn/yr) for tidal energy in its upcoming Round 4 contracts-for-difference (CfD) auction next month. The UK had previously announced a budget of £265mn/yr for renewable energy in its upcoming CfD auction, with £55mn allocated for “less established” technologies including tidal, wave and geothermal energy. Of this initial £55mn pot, £24mn had been ringfenced for floating offshore wind projects. The announcement raises the total budget to £285mn, with £75mn in total allocated for less established technologies. “As an island nation, we are perfectly placed to capitalise on clean marine energy, building on our booming offshore wind sector, wh

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Jordan eyes renewable power exports
25 November 2021
As wind and solar power capacity have ramped up impressively, the government is mulling ways to maximise its returns
UK net-zero strategy: Ten key points
25 November 2021
The plans aim to accelerate decarbonisation in a number of different areas with a mix of investment and policy
Only 10pc of energy companies aligned with Paris Agreement – TPI
25 November 2021
Majority of firms’ emissions reduction plans are insufficient to keep warming below 1.5°C
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video