Crown Estate Bill debated in the Lords

The Crown Estate Bill aims to widen the borrowing and investment powers of the Crown Estate to speed up the development of offshore wind projects, in collaboration with Great British Energy, and to deliver long-term financial returns to the taxpayer.

Debate on the draft law 

During second reading, members discussed the main topics of the bill and drew attention to concerns or specific areas where they think amendments (changes) are needed.

Members speaking  

Lord Livermore (Labour), Financial Secretary to the Treasury, opened the debate and responded on behalf of the government. 

Contributing members included:

• Lord Bourne of Aberystwyth (Conservative), chair of Haven Waterway Enterprise Zone for renewable energy opportunities
• Baroness Hayman (Crossbench), chair of Peers for the Planet
• Lord Rooker (Labour), director of community energy society Ludlow Hydro Co-operative Ltd
• Lord Teverson (Liberal Democrats), trustee of renewable energy company Regen SW.

Catch up

• Watch the Parliament TV recording.
• Read the Lords Hansard transcript.

Explore further information

Find out more about the bill in the House of Lords Library briefing. 

Next steps

Committee stage, the first chance for line by line examination of the bill, is yet to be scheduled.

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