The voice of Europe’s ocean renewable energy industry, Ocean Energy Europe (OEE), has applauded the UK government’s decision to ringfence £20 million a year for tidal stream energy, calling the EU to step up for ocean energy as well. Rémi … Read More
CfD4
UK to invest £20 million per year in tidal energy in ‘game-changing’ move for the sector
The UK government will invest £20 million per year in tidal stream electricity as part of its flagship renewable energy auction scheme, kickstarting a brand-new chapter for the marine energy industry. Illustration/SIMEC Atlantis’ tidal energy turbine (Courtesy of SIMEC Atlantis) … Read More
UK Energy Minister considers marine energy ring-fencing in next CfD auction
UK Energy Minister Kwasi Kwarteng has confirmed the government is considering the creation of a ‘pot within a pot’ for marine energy in the 2021 contracts for difference auction round. Illustration/MeyGen tidal turbine (Courtesy of Simec Atlantis Energy) In a … Read More