King Charles III.: The monarch from offshore wind earns so much!

King Charles III.: The monarch from offshore wind earns so much!

London, Vereinigtes Königreich - King Charles III. An income of £ 132 million, which corresponds to around 154 million euros, will be preserved in the coming year. This impressive sum is based on the current figures of the "Crown Estate", the comprehensive real estate and land portfolio of the British crown. The income does not come from taxes of the citizens, but from the income of the Crown Estate, which manages both significant properties in London as well as arable land and increasingly the sea floor around the UK. The Crown Estate awards licenses to energy companies for the construction of offshore wind farms, which represent an increasingly important source of income.

in the financial year that lasted until the end of March, the Crown Estate reported a win of £ 1.1 billion, more than twice as much as two years ago when profit was £ 442.6 million. Twelve percent of this profit flow into the financing of the monarchy, including the renovation of royal residences such as the Buckingham Palace. Despite a slight decline in the overall value of the KRONDUT from 15.5 billion to around £ 15th, the values ​​of central London layers such as the Regent Street or St. James’s show a positive development.

The role of offshore wind farms

The marine department of the Crown Estate plays a key role in positioning the United Kingdom as the world market leader in offshore wind development. This initiative not only supports the country's sustainable and safe energy supply, but is also an essential part of the fight against climate change. As part of these activities, the Crown Estate works closely with the industry and various interest groups to operate the competing needs for sea floor surfaces.

The main tasks of the naval department include the identification of suitable marine floor locations for developments, the allocation of rights for existing projects and the promotion of test and demonstration options. The support of nature and biodiversity of the seas is also a central concern of the department, which aims to create new jobs and industries in local communities and thus revitalize the economy.

Financial effects and future projects

For the financial year 2024/25, the Crown Estate reported a net profit of £ 1.1 billion, with the main source of these income being the option fees from the fourth round of the offshore wind lease. Over a period of ten years, the CROWN Estate's contribution to the British Ministry of Finance is expected to increase to £ 5 billion. The recent crown estate act enables new credit and investment options, which contributes to the stability and resistance of the maritime, urban and rural portfolios.

The British government plans to invest in port and supply chain infrastructure on the occasion of these developments. The fourth round of the Crown Estate should achieve an overall output of 8 GW, sufficient for the energy supply of eight million households. In addition, the fifth round is focused on floating offshore wind energy, with a target capacity of 4.5 GW. These different projects highlight highlighted relevance for future energy production in the United Kingdom and could contribute significantly to strengthening national economy and energy policy in the coming years.