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Crown Estate Profits Remain at Record High but Windfarm Boost Set to Fall Back
- In 2025, the Danish Energy Agency granted permit renewals for continued power generation at the two longstanding offshore wind farms located near Denmark, allowing their operations to proceed.
- This permit extension follows the original grants in 2000 and 2003 and reflects regulatory requirements including independent lifespan analyses and inspections for offshore wind facilities.
- Middelgrunden has 20 turbines supplying about 20,000 households, while Nysted has 70 turbines producing 161MW, enough for over 130,000 homes, and both farms mark nearly 50 years of operations combined.
- The Crown Estate, managing UK offshore wind assets, reported a £1.15 billion profit for April 2024–March 2025, with £1.07 billion from offshore wind leasing, though these revenues are expected to fall sharply from 2026.
- This year marks a peak in profits linked to offshore wind leasing, but challenges like rising costs and fading short-term gains suggest a need for strategic investment in green energy to sustain future returns.
17 Articles
17 Articles
Get involved: Offshore wind debate expected Monday at Legislative Hall
Why Should Delaware Care?Government works best when its citizens are knowledgeable and engaged. Delaware’s government has scores of commissions, working groups, agencies and legislative committees. All must hold meetings that are open to the public. Delaware’s Senate Republicans successfully blocked the passage of the state’s nearly billion-dollar bond bill last Thursday, setting up Monday – the final day of the legislative session – to become a…
Buckingham Palace has revealed that the British Royal House spent about 100 million euros this year, an official figure that excludes additional expenses. On July 1, Buckingham Palace published the official annual accounts for 2024–2025, sparking an intensified debate on the real cost of the institution. According to the report of the Sovereign Grant—public fund whose volume is derived directly from the profits of the Crown Estate—the monarch an…
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