Crown Estate ups funding for UK offshore wind studies

June 6, 2022
The U.K.’s Crown Estate has committed a further £25 million ($31.4 million) to its Offshore Wind Evidence and Change program, raising the total investment intent to £50 million ($62.7 million).

Offshore staff

LONDON The U.K.’s Crown Estate has committed a further £25 million ($31.4 million) to its Offshore Wind Evidence and Change program, raising the total investment intent to £50 million ($62.7 million).

The main goal is to compile and harness data to advance growth of U.K. offshore wind.

Crown Estate is working on the program with the Department for Business, Energy and Industrial Strategy; the Department for Environment, Food and Rural Affairs; Scottish, Welsh and Northern Ireland government bodies; and regulators, non-government organizations and industry representatives.

There are 23 projects in the portfolio supported by £22 million ($27.6 million) from The Crown Estate's core investment fund as well as £11 million ($13.8 million) of co-funding or in-kind contributions.

Projects are helping to identify suitable offshore locations and are intended to inform policy and regulation concerning a more integrated design of wind farms with the natural environment.

This includes potential environmental compensatory measures to address environmental impacts and support decision-making.

The additional funding will go toward research and data projects that address priority bird, marine mammal and seabed habitat research gaps identified in year one of the program, and studies concerning floating offshore wind and cable infrastructure.

06.06.2022