Unsustainable returns: Orsted and industry groups slam Crown Estate over UK offshore wind Round 4

Sector pacesetter Orsted, and industry bodies Renewable UK and WindEurope claimed Britain's seabed landlord The Crown Estate was driving up the cost of developing offshore wind, as they criticised the outcome of the latest auction for new leases.

The Crown Estate awarded almost 8GW-worth of projects preferred bidder status in its eagerly-awaited Round 4, with oil giants BP and Total notable among the winners alongside utility RWE, netting payments worth billions of pounds in the process.