questionText: To ask the Secretary of State for Energy Security and Net Zero, if he will make an assessment of the potential merits of increasing the minimum ringfence for Tidal Stream projects to £30 million for Allocation Round 6 of the upcoming Contracts for Difference auction.
answerText: The minimum budget for tidal stream was set in March at £10m. The Secretary of State will confirm his decision on whether to increase the AR6 budget by 1st August, before the AR6 bidding window opens.
heading: Tidal Power: Finance