Sunday, 19 January 2025

Focus on Crown Estate

The UK’s Crown Estate is a significant national landowner with a diverse £16bn portfolio that includes urban centres and development opportunities. It manages the seabed and much of the coastline around England, Wales and Northern Ireland, playing a major role in the UK’s world leading offshore wind sector. Established by an Act of Parliament, it is a business with a unique heritage, occupying a space between the public and private sector, with all of its net revenue profit going to the Treasury for the benefit of the nation’s finances.

Climate groups are calling on the Government to fund the transition to clean energy for oil and gas workers (Jane Barlow/PA)
BusinessEconomyLabourNewsPolitics

Call for £1.9bn a year to help UK oil and gas workers move into clean energy

Climate groups urge £1.9B yearly to support oil workers transitioning to renewables, calling for UK funding through 2030.

News Release

New vision for UK seabed as The Crown Estate publishes bold approach to drive energy transition and nature recovery

11 Sept 2024 An ambitious vision for how the UK’s seabed can continue to support the accelerated delivery of nature recovery and the...

Reform UK chairman Richard Tice hit out at Mr Miliband’s plans (Maja Smiejkowska/PA)
Contracts for DifferenceElectricityNewsOffshore WindPoliticsSolarWind

Reform UK MP accuses Ed Miliband of being ‘obsessed’ with renewable energy

Reform UK's Richard Tice attacks wind and solar auctions as being 'more expensive' in heated debate with Energy Secretary.

The Bill will allow the Crown Estate to invest more in green energy, financial secretary to the Treasury Lord Livermore said (Anna Gowthorpe/PA)
Carbon ManagementClimate FinanceElectricityLegislationNewsOffshore WindPoliticsWind

New Bill will allow Crown Estate to invest more in green energy, says UK minister

Giving the Crown Estate the ability to invest more widely in growth opportunities will, the minister said, “increase the frequency of leasing for...

Government boosts pot for renewables in latest auction to £1.5bn (Ben Birchall/PA)
ClimateEconomyElectricityEnvironmentNewsPoliticsRegulationsWind

UK Budget for new clean power schemes gets boost to record £1.5bn

The UK Government is increasing the budget to support the next wave of renewable energy schemes to a record £1.5 billion, it has...

News Release

Welcoming the Great British Energy partnership

25 Jul 2024 On 25 July, Prime Minister Keir Starmer and Energy Secretary Ed Miliband announced the partnership between Great British Energy and...

News Release

New Great British Energy partnership launched to turbocharge energy independence

Prime Minister Keir Starmer and Energy Secretary Ed Miliband announce first major partnership between Great British Energy and The Crown Estate to unleash...

News ReleaseElectricityOffshore Wind

Fourth phase of the world’s largest offshore wind farm Dogger Bank to unlock additional renewable power 

12 July 2024 Commercial terms have been established with The Crown Estate in the UK to enable Dogger Bank D to progress, under...

The project will be built off the coast of Peterhead, Aberdeenshire (Ben Birchall/PA)
ElectricityNewsWind

World’s biggest floating offshore wind farm gets go-ahead in Scotland

Green Volt wind farm will boast up to 35 floating turbines and provide 560 megawatts of energy off the coast of Aberdeenshire, Scotland.

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