Government announces investment into Britain’s tidal power

The UK government has announced it is backing tidal energy as part of its flagship renewable energy auction scheme, announcing today its biggest investment in a generation into tidal power. The aim of this investment is to kick start a new chapter for the UK’s tidal energy industry.

This move will aim to strengthen energy security by adding to the UK’s diverse, renewable electricity supply and create jobs across the kingdom.

By investing in tidal energy further, the UK government are aiming to demonstrate their commitment to build a strong, home-grown renewable energy sector to reduce our reliance on volatile fossil fuels.

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 tidal industry and creating jobs across the UK.

Full details are available on the gov.uk website.

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