Submitted on Monday 23rd September 2019
Published on Thursday 26th September 2019
Current status: Closed
Closed: Wednesday 6th November 2019
Signatures: 1,919
Tagged with
Commercialise the U.K. Tidal Stream Industry with Government Revenue Support.
We call for the UK Government to support our Tidal Energy industry with an equitable revenue support deal that will deliver a plentiful supply of low cost, predictable green energy and give the UK world leading expertise and technology it can export around the globe.
The UK has 50% of Europe's tidal energy resource but the industry needs financial and policy support to deliver the innovations and scale to continue to reduce costs and allow it to compete in the energy market.
With the right support, tidal energy can play a key role in delivering the UK’s net-zero emissions target and creating jobs within UK industry.
The UK is in danger of losing the initiative just at a time when the demand to build world leading industries and expertise is needed most.
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