cbi energy conference: dermot grimson, head of external affairs, the crown estate

10
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.

Upload: confederation-of-british-industry

Post on 13-Jun-2015

448 views

Category:

Business


1 download

DESCRIPTION

Presentation by Dermot Grimson, head of external affairs, The Crown Estate at the CBI's energy conference. London, October 2009.

TRANSCRIPT

Page 1: CBI Energy Conference: Dermot Grimson, head of external affairs, The Crown Estate

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.

Page 2: CBI Energy Conference: Dermot Grimson, head of external affairs, The Crown Estate

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 ………

Page 3: CBI Energy Conference: Dermot Grimson, head of external affairs, The Crown Estate

Estates in land30million hectares22000km of coast

lineA responsibility to

enhance the value of the Estates, subject to good management

A monopoly

The Marine Estate

Page 4: CBI Energy Conference: Dermot Grimson, head of external affairs, The Crown Estate

Offshore wind, wave and tidal programmes

Page 5: CBI Energy Conference: Dermot Grimson, head of external affairs, The Crown Estate

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

Page 6: CBI Energy Conference: Dermot Grimson, head of external affairs, The Crown Estate

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

Page 7: CBI Energy Conference: Dermot Grimson, head of external affairs, The Crown Estate

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

Page 8: CBI Energy Conference: Dermot Grimson, head of external affairs, The Crown Estate
Page 9: CBI Energy Conference: Dermot Grimson, head of external affairs, The Crown Estate

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

Page 10: CBI Energy Conference: Dermot Grimson, head of external affairs, The Crown Estate