Offshore wind delivers strong revenue growth for Crown Estate

Madeleine Cuff
clock •

Energy and infrastructure director Rob Hastings says falling costs and emergence of home-grown supply chain will keep industry on track to meet 2020 targets

Offshore wind generated £19.1m in revenues for the UK Treasury this year, up from £15.6m on last year, according to new figures from The Crown Estate. Improved productivity, 813MW of new capacity, and...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Madeleine Cuff
Author spotlight

Madeleine Cuff

View profile
More from Madeleine Cuff

From SEMTA to Enginuity: Engineering skills body rebrands

Inside Enginuity's plan to build a workforce for the future

More on Wind

Crown Estate accused of 'outrageous profiteering' over offshore wind leasing fees
Wind

Crown Estate accused of 'outrageous profiteering' over offshore wind leasing fees

Greenpeace issues fresh legal threat against land manager over uncapped fees charged to offshore wind developers that it argues risk undermining the UK's clean energy transition

Michael Holder
Michael Holder
clock 01 October 2026 • 5 min read
Amazon inks Scottish wind farm deal with Statkraft
Wind

Amazon inks Scottish wind farm deal with Statkraft

New PPA takes Amazon's total investment in carbon free energy in the UK to more than £3bn over five years

Amber Rolt
clock 30 September 2026 • 3 min read
Study: Increases in offshore wind seabed leasing fees 'threaten UK energy security'
Wind

Study: Increases in offshore wind seabed leasing fees 'threaten UK energy security'

Crown Estate faces fresh scrutiny over the fees it charges to offshore wind developers, as study warns license regime risks pushing up costs and slowing the clean energy transition

Michael Holder
Michael Holder
clock 28 September 2026 • 5 min read