Under the new leasing round, three floating wind farms will have the potential to provide renewable energy to more than four million homes

The Chancellor has announced a 12% reduction in the Sovereign Grant, due to the “unexpected significant increase” in the Crown Estate’s net profits from offshore wind projects

NeuConnect has secured a licence agreement with The Crown Estate, which paves the way for major construction work to commence in the UK this summer

The updates for the Celtic Sea lease round, include port considerations, spatial constraints and risk mitigation measures

The Crown Estate’s net revenue profit soared to £442.6 million, predominantly driven by the round 4 offshore wind farm lease tender

Developers of CCUS projects have been invited to submit their views on market challenges in carbon storage

The Crown Estate has signed lease agreements for six offshore wind farms that could potentially power seven million homes

Under the sovereign grant, the King receives a quarter of the Crown Estate annual profits

The Crown owns all mineral rights in England and Wales

They intend to generate renewable energy to enable the electrification and decarbonisation of offshore oil and gas installations in the North Sea