An RWE windfarm off the coast of north Wales. Last modified on Thu king crab for sale near me Jan 2023 14.

Six new offshore wind energy lease agreements, announced by the crown estate on Thursday, have generated a major windfall for the estate, which would usually lead to a jump in the monarchy’s official funding. The monarch’s right to collect royalties from wind and wave power was granted by Tony Blair’s Labour government in a 2004 act of parliament. The approach is in contrast to the job of setting royalties and assigning drilling rights for oil and gas, which rests with the government. It is not clear as to the exact amount of taxpayer funding the king has passed up, but it is likely to be many millions. 6bn in the most recent annual accounts. Treasury each year for the benefit of the nation’s finances, in exchange for the sovereign grant. In view of the offshore energy windfall, the keeper of the privy purse has written to the prime minister and the chancellor to share the king’s wish that this windfall be directed for wider public good, rather than to the sovereign grant, through an appropriate reduction in the proportion of crown estate surplus that funds the sovereign grant.

Privacy Notice: Newsletters may contain info about charities, online ads, and content funded by outside parties. For more information see our Privacy Policy. The sovereign grant is based on funds two years in arrears, so any boost in crown estate profits and new percentage arrangements would not affect the grant until 2024-2025. The sovereign grant covers the running costs of the royal household and events such as official receptions, investitures and garden parties. 369m’s worth of repairs at the palace. The grant goes up if crown estate profits increase, but it does not fall when they decrease. The crown estate confirmed on Thursday it had signed lease agreements for six offshore wind projects that have the potential to power more than 7m homes.

Three of the six projects are located off the north Wales, Cumbria and Lancashire coast, and three are located in the North Sea off the Yorkshire and Lincolnshire coast. 1bn to the crown estate every year. The successful bidders, which were announced last year, included Germany’s RWE Renewables, which won two licences at Dogger Bank, off the Yorkshire coast, and two from a consortium that includes the oil company BP. Why hasn’t Harry given up his ridiculous title yet? Media Limited or its affiliated companies.

Monaco’s Prince Albert and Princess Charlene are the first foreign royals to confirm their attendance. Royalty from around the world is expected to be in attendance. That includes Charles’s three siblings, Princess Anne, Prince Andrew, and Prince Edward, along with his son, Prince William, and daughter-in-law Catherine, Princess of Wales. Country, where she covers entertainment, culture, the royals, and a range of other subjects. C, she was the deputy managing editor at Hey Alma, a Jewish culture site. 5 0 25 0 25 0h-. We may earn commission on some of the items you choose to buy.

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A Maine newspaper that was criticized for publishing an edited version of Martin Luther King Jr. I Have a Dream” speech has offered an apology. The Bangor Daily News said it had used an abridged version of the speech several times over the years, but it was criticized by a historian, cable news show host and others for “whitewashing” the address over the weekend. The editorial board wrote Tuesday that editors believed the speech, at 1,600 words, was too long to run in its entirety as an editorial, but added that “our thinking needs to be revisited.