UK Parliament / Open data

UK Low Carbon Transition Plan

I am pleased that my right hon. Friend is recognising the potential contribution of wave and tide technology towards our renewables targets, and I am glad that he has made provision for its support. However, that provision does not account for even 50 per cent. of the £405 million provided in the Budget for renewable energy support. Furthermore, on the face of this statement, it does not take into account the special difficulties faced by the wave and tidal industry at present: there is a zero market for it. Offshore wind, however, has the double renewables obligation certificates regime, which is fine for such a well established technology. Many severe problems face the wave and tide technology industry, which needs Government help to get it over the hurdles. Can my right hon. Friend be more specific about what he plans to do about that?
Type
Proceeding contribution
Reference
496 c304 
Session
2008-09
Chamber / Committee
House of Commons chamber
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