Review of Technical Assumptions and Generation Costs Levelised Cost of Electricity from Tidal Stream Energy

The last decade has seen a major change in the energy landscape in the UK. Driven by the need to decarbonise and
shaped by consideration of supply security and consumer affordability, our national generation portfolio has diversified
to comprise a mix of traditional and renewable technologies at various stages in their lifecycles. This diversity in
generation method provides us with a vital mix in supply profiles across baseload, variable and peak lopping, alongside
fluctuating energy imports and exports through interconnection. Looking to the future, the UK Government’s ‘Net Zero
Strategy’ (HM Government [2], 2022) is recognised as fundamental to energy security, and could lead to 95% of British
electricity being low carbon by 2030.
As a renewable but predictable resource, in which the UK is rich, Tidal Stream Energy (TSE) could provide an important
contribution to the UK’s net zero goal.