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<p>The Government announced in November that the fourth Contracts for Difference allocation
round will feature a £20 million annual ringfenced budget for tidal stream energy.</p><p>
</p><p>The Government remains open to considering well-developed proposals for harnessing
the tidal range energy in the bays and estuaries around the UK’s coastlines, including
barrage schemes and other alternatives. Any proposal would need to demonstrate strong
evidence of value for money before the Government could take a view on its potential.</p>
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