We agree that the Government should seek to maximise the renewable opportunities afforded by the UK’s geography, including the potential benefits of tidal energy. Unlike offshore wind, tidal stream projects have not benefited from stable subsidies to bring their costs down. The Government’s recent decision to reduce the tidal steam ringfence from £20 million to £10 million in the upcoming round of Contracts for Difference scheme may damage the UK’s first-mover advantage in marine energy and i...

We agree that the Government should seek to maximise the renewable opportunities afforded by the UK’s geography, including the potential benefits of tidal energy. Unlike offshore wind, tidal stream projects have not benefited from stable subsidies to bring their costs down. The Government’s recent decision to reduce the tidal steam ringfence from £20 million to £10 million in the upcoming round of Contracts for Difference scheme may damage the UK’s first-mover advantage in marine energy and increase project costs. However, we recognise that support must provide value for money for taxpayers. Type: recommendation | Number: 18 | Paragraph: 87 | Response status: under_consideration Government response: 59. The Department for Energy Security and Net Zero’s Chief Scientific Advisor commissioned a task and finish group to establish an evidence-based position on the validity of BECCS as a Greenhouse Gas Removal (GGR) option to deliver negative emissions. The group’s report will be published