Wind Power

(asked on 24th June 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what the total revenue raised for his Department was by The Crown Estate’s auction of Bidding Area 4 in Offshore Wind Leasing Round 4.


Answered by
Kemi Badenoch Portrait
Kemi Badenoch
President of the Board of Trade
This question was answered on 30th June 2021

The Crown Estate’s Offshore Wind Leasing Round 4 has not yet concluded and therefore no revenue has yet been received. Future revenue raised will depend on the outcome of the upcoming plan-level Habitats Regulations Assessment, as well as how developers subsequently progress potential projects through to construction.

The Crown Estate publishes its financial returns in relation to all its activities on an annual basis. This includes a separate report on its activity in Wales - as set out in The Crown Estate’s most recent Wales Highlights Report, total revenue from offshore renewables in Wales in 2020-21 totalled £3.3 million, (£3.4 million in 2019-20). Figures are not published for individual leasing rounds. (https://www.thecrownestate.co.uk/media/3872/wales-highlights-2021-final.pdf)

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