
Why are windfarms turning record profits for the crown estate?
Science Weekly
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The Crown Estate's Profits From Offshore Wind Farms
The crown estate controls large parts of central London, as well as farmland and retail parks. It's also responsible for perhaps more famously the Windsor Estate and Ascot Race Course. Included in this huge portfolio are the coastlines of England and Wales. This means that if you want to build an offshore wind farm, you effectively need to lease the sea bed rights. So think of it as paying rent to the crown.
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