Equinor and Orsted will lead a new group formed to tackle climate change by accelerating the deployment of offshore renewable energy technology.
The predicted cost of decommissioning the UK’s offshore wind farms has already risen to about £4 billion, the audience heard at a conference in St Andrews yesterday.
Crown Estate Scotland generated £11.4 million for The Scottish Government last year.
The last couple of weeks have been busy ones for the offshore wind sector in the UK.
Developers will be able to bid for new sites to generate enough offshore wind to power more than six million homes as the Crown Estate launches a new round of leases.
Proposed changes to offshore wind leasing by the UK Crown Estate have angered a trade union, causing it to warn its Scottish counterpart that it should be telling developers north of the border: “no jobs, no lease”.
The Crown Estate has said it will make alterations to the next Offshore Wind Leasing Round in England, Wales and Northern Ireland in response to feedback from developers.
Scottish firms who develop wave and tidal power could "go abroad" if the sector does not receive the financial backing it needs, an energy policy chief has warned.
The royal family's commercial property arm delivered a record £343.5 million to Treasury coffers last year, despite what it described as "challenging market conditions".
UK Offshore wind "entered the Premier League" in 2018, according to a new report by the Crown Estate.
The Oil and Gas Authority (OGA) today revealed it has begun research into powering North Sea oil and gas assets with renewable energy sources.
John Robertson, Senior Development Manager for Crown Estate Scotland, the body responsible for leasing the seabed in Scotland talks through some of what lies ahead for the offshore wind industry in Scotland.
The Crown Estate's director of energy, minerals and infrastructure, Huub den Rooijen, is to join the board of the Offshore Renewable Energy (ORE) Catapult as a non-executive director.
Leasing the seabed to offshore wind developers was the most profitable business last year for The Crown Estate Ltd., the company that generates income for Queen Elizabeth II.
Today's announcement by the Crown Estate claiming eight application extension requests from UK wind developers shows a 'huge appetite to invest', said the chief of RenewablesUK.
Online data released by the organisation shows the Crown Estate’s full list of offshore infrastructure projects and undersea cabling for the first time.
Construction work on Europe’s largest floating wind farm will begin later this year after the Crown Estate granted a lease to Norwegian multinational Statoil.