Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how much revenue has been raised by the Crown Estates' Offshore Wind Leasing Round 4 in (a) total and (b) Welsh territorial waters.
The Crown Estate’s Offshore Wind Leasing Round 4 has not yet concluded and therefore this information is not known. The revenue raised will depend on the outcome of the upcoming plan-level Habitats Regulations Assessment, as well as how developers subsequently progress potential projects through to construction.
The Crown Estate publishes its financial returns in relation to all its activities in Wales on an annual basis. As set out in The Crown Estate’s most recent Wales Highlights Report, total revenue from offshore renewables in Wales in 2019-20, totalled £3.4 million, up from £3 million in 2018-19. Figures are not published for individual leasing rounds. [https://www.thecrownestate.co.uk/media/3558/wales-highlights-2020.pdf]