Cashing In on the UK's Seabed

With a few very small exceptions, the Queen 'owns' the entire seabed around the UK's coast. Competition to build 6 new offshore wind farms (from BP and others) has been such, that the seabed licences will bring in nearly £880m/year, for up to 10 years (https://www.theguardian.com/business/2021/feb/08/queens-treasury-windfarm-bp-offshore-seabed-rights). Of the £880m/year, circa 75% (£660) will go to the Treasury of the government, with the remainder (almost £220) going back to the Queen (to pay for repair of palaces etc). The windfarms should supply 'green' (once the greenhouse gases associated with the construction and erecting of the wind turbines is taken into account) electricity, to about 77m homes. It is, of course, inevitable that the people living in those homes will more than pay for the seabed licences, the costs of building/maintaining the turbines and profits for BP shareholders.