Greenpeace Threatens to Sue Crown Estate
Greenpeace UK is threatening to take legal action against the Crown Estate, accusing it of "monopoly profiteering" in offshore wind, which hampers the industry and increases bills.
The Crown Estate, managing the King's land and property, generates revenue from leasing seabed to offshore wind developers through auctions.
Greenpeace claims the Crown Estate's actions are exploiting its monopoly position at the expense of bill payers and offshore wind developers.
- The warning comes ahead of the UK's Allocation Round 7 auction for seabed plots to build new windfarms.
- The Crown Estate owns the entire UK seabed outside of Scotland, running auctions to lease blocks to developers.
Author's summary: Greenpeace may sue Crown Estate over offshore wind profiteering.