Tidal nabs 20MW in UK auction

WORLD
MARINE

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Four tidal stream projects totalling 20MW nabbed CfDs in AR7a.

The projects cleared the round at £265 per megawatt-hour in 2024 prices.

Three of the schemes are in Wales, with the largest the 10MW Ynni’r Lleuad 3 scheme.

The 5.5MW Mor Energy GO3 Phase 2 and 3MW Morlais scheme also landed CfDs.

Meanwhile, a 2.4MW Orbital Marine project off Scotland bagged the other Pot 2 deal.

The Pot 2 budget allocated was just under £15m.

Delivery years for the projects are 2028-29 and 2029-30, according to the results.

Tidal cleared at 28.6% below the £371/MWh price cap, according to the government.

The outcome compares to the 28MW successful in 2024’s AR6, which cleared at £172/MWh in 2012 prices.

The tidal prices in AR7a equal £190.19/MWh in 2012 prices, according to DESNZ.



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