With UK Government Contracts for Difference (CfD) energy auction on the horizon again later this year we were pleased to learn that tidal stream energy has again been ringfenced.
CfD is the government's main mechanism for supporting low-carbon electricity generation, putting measures such as guaranteed pricing in place - £10 million has been set aside for tidal stream energy projects such as Morlais, as part of a greatly increased £105m pot for innovative technologies.
Earlier rounds have delivered a total of 28MW for four developers of tidal energy technology linked to Morlais, giving them more certainty around their involvement.
