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The Ocean, The Crown & The Hidden Story of Offshore Wind Energy! | Fully Charged Show Podcast
Dec 2, 2024
Gus Jaspert, Managing Director for Marine at The Crown Estate, discusses the crucial role of offshore wind in the UK’s renewable energy future. He shares insights on balancing sustainability with economic growth while tackling grid bottlenecks. Topics include the need for over 120GW by 2030 and the complexities of integrating fishing and marine conservation with energy initiatives. Jaspert highlights strategies like the Marine Delivery Routemap to streamline processes and ensure environmental harmony, all while creating jobs and engaging younger generations in clean energy.
48:58
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Quick takeaways
- The Crown Estate plays a crucial role in the UK’s renewable energy transition by managing seabed resources for offshore wind development.
- Despite current success powering 11 to 12 million homes, the UK must triple its offshore wind capacity to meet 2030 targets.
Deep dives
The Role of the Crown Estate
The Crown Estate essentially serves as the nation's company, managing a diverse array of assets on behalf of the UK. This includes not only urban properties in major cities but also an extensive seabed holding that is critical for offshore energy development. The focus of the Crown Estate is to sustainably develop these seabed resources, particularly for the energy transition, while generating profits that contribute back to the Treasury. For instance, last year, the Crown Estate returned over a billion pounds to the Treasury, signifying its dual mandate of value generation and long-term environmental sustainability.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode