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THE CROWN ESTATE


C Therown Estate


THE ROLEOF


We visited The Crown Estate in London to find out a bit more about their role and responsibilities in the giant offshore scheme of things.


We also found it prudent to allow them to describe their role in their own words.


“The Crown Estate manages a diverse property portfolio which includes office, retail and industrial premises; housing; farmland; forestry and minerals; parkland; and over half the foreshore and almost all the seabed around the UK. The Crown Estate’s property comprises four estates: urban, marine, rural and Windsor. The Crown Estate manages a highly diverse £6 billion property portfolio across the UK.


Our objectives, which are laid down by Parliament under The Crown Estate Act 1961, include enhancing the value of the estate and the revenue it produces.


The responsibilities of The Crown Estate are to maintain and enhance the value of the estate and its income over the long term and to do this having regard to good management. In summary, The Crown Estate is a successful business organisation guided by our core values – commercialism, integrity and stewardship.


The Treasury is effectively the principal Government stakeholder for The Crown Estate. It is kept informed of the Estate’s overall business plans and strategies, although responsibility for the management of the Estate rests with the Board. The Crown Estate is formally accountable to Parliament to which it reports annually. We pay all of our surplus revenue (profit) to the Treasury for the benefit of the nation every year: in 2009/10 this was £211.7 million. Over the past ten years The Crown Estate has paid a total of £1.9 billion to the Treasury.


The Crown Estate owns over half of the foreshore around the UK coastline (17,000km), although much of this is leased to third parties such as local authorities and conservation agencies such as Natural England and RSPB. The remainder is owned by bodies such as the Duchies of Lancaster and Cornwall, local authorities, port authorities, statutory bodies, and government departments. The Crown Estate does not generally own the foreshore around the coastline of Cornwall, Lancashire, Sutherland and the Shetland Isles.


The Crown Estate’s marine properties include around half the UK’s foreshore (17,00km), tidal river beds and estuaries and almost the entire seabed out to the 12 nautical mile (nm) territorial limit around the UK. It also includes the rights to the natural resources in the UK Continental Shelf, with the exception of oil, coal and gas. The Crown Estate issues leases for the development of windfarm sites within the 12 nm, whilst the Energy Act 2004 gives us the right to issue leases for development beyond the territorial limit within the Renewable Energy Zone (REZ) out to 200nm.


We have identified, using our Marine Resource System, MaRS, areas that might be appropriate for offshore renewable development using factors such as wind speed and quantity, water depth, other commercial activities and environmental factors. We are however not a regulator and the final locations for offshore renewable wind sites will need the consent of the regulatory bodies. Only when all the necessary statutory consents have been obtained along with any consultations they require, will The Crown Estate grant a lease for development.”


You may wish to find out more following the links below...........


• MaRS: http://www.thecrownestate.co.uk/mars • Enabling actions : http://www.thecrownestate.co.uk/enabling -actions • General offshore wind section which includes R1/2/ STW /R3: http://www.thecrownestate.co.uk/our_port folio/marine/offshore_wind_energy.htm


www.thecrownestate.co.uk


Wind Energy NETWORK


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