The Plaid Cymru-led Welsh government has launched a public consultation on establishing a new renewable energy company to develop and operate wind and solar installations across Wales. The proposed entity would integrate existing Welsh energy schemes, including Trydan Gwyrdd Cymru (TGC), an onshore wind and solar developer already owned by the government, and Ynni Cymru, which focuses on expanding locally-owned renewable projects.
The consultation seeks public input on whether TGC should form the foundation of the new company and what name it should adopt. Officials propose that the company could eventually take stakes in larger energy infrastructure projects, potentially including offshore wind, marine energy, and nuclear facilities. A Welsh Energy Wealth Fund is also being considered to distribute benefits from energy projects to vulnerable populations and communities hosting installations.
Enterprise Minister Adam Price outlined the government’s vision for an energy system described as “clean, cheap and owned by us.” Officials emphasized that the company would not directly set household electricity prices or replace existing energy suppliers. Rather, it would aim to reduce energy costs over time by developing renewable assets, supporting community and local ownership, investing in smart local energy systems, and helping organizations utilize locally generated power. The initiative remains separate from Great British Energy, a UK government entity established in 2024.
The proposal received criticism from opposition parties. Welsh Labour highlighted that the government already operates publicly-owned clean energy companies, questioning the need for another entity. The Welsh Conservatives objected to prioritizing additional wind turbines and solar farms while manufacturing jobs decline, calling instead for affordable and reliable energy to maintain industrial competitiveness. Reform raised concerns about Wales experiencing some of the highest energy bills in the UK and pointed to grid connectivity challenges and infrastructure limitations as obstacles to effective energy generation and distribution.
The consultation also addresses environmental considerations, with the government proposing a strong presumption favoring underground cables rather than overhead pylons, and using wooden poles where necessary, commitments made during the recent election campaign.
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