This petition was submitted during the 2020-2024 Conservative government
Rejected petition Transfer the Crown Estates off shore wind farm ownership to the public purse.
Take ownership of the offshore winds farms currently owned by the crown estate, use the profits to re-invest in more green energy and use the supply of electricity to dampen prices in times of crises.
More details
To drive the green agenda and re-distribute wealth and profits which the crown estate pays to the sovereign grant fund.
This petition was rejected
Why was this petition rejected?
It’s not clear what the petition is asking the UK Government or Parliament to do.
We understand that you are concerned about any profits made by off shore wind farms within the Crown Estate, but we're not exactly sure what you'd like to happen.
The Crown Estate's income, including from offshore wind, is returned to the UK Government Treasury. The Sovereign Grant is calculated as 25% of the income from two years previously. The Government has announced that from next year, this will be reduced to 12% of the Crown Estate's net profits. We could accept a petition calling for this to be further reduced, so that more of the revenue is available to investment by the Government.
We only reject petitions that don’t meet the petition standards.