Wind Power: Seas and Oceans
Commons · Question 103513 · Tabled 6 Jan 2026 · Treasury · Official record
Answered 14 Jan 2026
Question
Asked by Pippa Heylings
To ask the Chancellor of the Exchequer, what discussions she has had with the Crown Estate on the steps it is taking to manage its assets in the public interest alongside profit maximisation when it is auctioning off plots of seabed to offshore wind devel
Answer
Answered by James Murray, 14 Jan 2026
The Crown Estate is an independent commercial business established by Parliament and returns its net profits to the Consolidated Fund. It has a statutory duty to secure best consideration while exercising good management. HM Treasury Ministers and officia...