cbi energy conference: dermot grimson, head of external affairs, the crown estate
DESCRIPTION
Presentation by Dermot Grimson, head of external affairs, The Crown Estate at the CBI's energy conference. London, October 2009.TRANSCRIPT
The Crown Estate• 2008 Capital Value of £7.3bn• Net revenue all paid to UK Treasury £200 Million +• The Crown Estate is a landowner not a regulator. It is
not part of Government but works closely with Government Departments, the devolved administrations, statutory bodies and other key stakeholders.
The Crown Estate is an Estate in Land which includes:
• The Urban Estate: Substantial blocks of commercial and residential property including Regent Street & Pall Mall
• The Rural Estate: Approximately 110,000 hectares of agricultural land
• and ………
Estates in land30million hectares22000km of coast
lineA responsibility to
enhance the value of the Estates, subject to good management
A monopoly
The Marine Estate
Offshore wind, wave and tidal programmes
Offshore Wind Energy: GW on the table for 2020
40.4 GW: a third of the UK’s electricity demand
Rounds 1+2: 8 GW approved
Round 3: Bids received for 25 GW plus
Round 2 Extension: Interest in 1 GW plus
Scottish Territorial Waters: Option leases awarded for 6.4 GW
The Prize• 40 GW of energy from the UK waters from all
programmes by 2020• 15% UK energy• 30% UK electricity• UK energy security of supply• Climate change targets• Investment of £100 billion+ • Jobs: 60,000+• Business development opportunities
The Challenges• Planning and consenting process– Zone development plans– Environmental Impact Assessment– Infrastructure Planning Commission– Scottish Government
• Grid• Ports, harbours and manufacturing sites• Supply chain: turbines and cables
UK Offshore Wind Supply Chain Events 2010Aberdeen, Scottish Enterprise, 28th January
Inverness, HIE, 2nd February
Glasgow, Scottish Enterprise, 4th February
Chester-le-Street, One North East, 17th February
Yorkshire, Yorkshire Forward, 19th February
SW Wales, Welsh Assembly Government, 8th-12th February
South East England Development Agency, 22nd -26th February
East of England Development Agency, 3rd March
Bristol, South West Renewables Development Agency, 9th March
Liverpool, North West Development Agency, 11th March
Belfast, Invest NI, 16th March
London, 22nd-27th March