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PRIVACY
Economic Development

£50m pledge to accelerate the º£½ÇÊÓÆµâ€™s offshore energy ambitions and protect the marine environment

The Crown Estate has doubled the £25m investment it had originally set out

The Crown Estate's Round Four offshore wind locations.(Image: The Crown Estate)

The Crown Estate has doubled its commitment to ensure offshore wind’s expansion and a thriving marine environment go hand-in-hand.

The nation is ramping up its homegrown energy independence while paving the way to Net Zero with huge investments in renewables.

And the vast coastal resource governed by the organisation is seen as key.

Read more: World-leading wind farms can now offset our Russian reliance on gas for power generation - Orsted

To support it, since the launch of the º£½ÇÊÓÆµ Government’s British Energy Security Strategy - which raises ambitions for offshore wind generation to achieve up to 50GW by 2030 alongside commitments to environmental restoration - The Crown Estate has committed a further £25 million into its Offshore Wind Evidence and Change Programme, bringing the total investment intent up to £50 million.

It is gathering and harnessing the necessary data and evidence to propel forward the growth of º£½ÇÊÓÆµ offshore wind at pace, while maintaining clean, healthy, productive and biologically diverse seas.

The programme is being delivered in partnership with the Department for Business, Energy and Industrial Strategy and the Department for Environment, Food and Rural Affairs, working closely with Scottish, Welsh and Northern Ireland government bodies, regulators, NGOs and a broad range of industry representatives.

Dan Labbad, chief executive of The Crown Estate, said: “As the need to accelerate offshore wind deployment ramps up, restoring our natural environment has never been more important. We are committed to safeguarding the marine environment whilst shaping, innovating, informing and enabling the development of offshore wind for the long-term benefit of the nation. By doubling our investment in the Offshore Wind and Evidence programme, we can continue to provide world class data and evidence to support both government and the industry in making the best decisions to unlock the pathway to net zero, in harmony with healthy, biodiverse seas.”