Plaid Cymru AMs call on Welsh Government to establish a publicly owned energy company in Senedd debate

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Plaid Cymru AMs will today call on the Labour Welsh Government to establish a publicly owned energy company.

A Plaid Cymru led debate held today in the Senedd follows suggestions in recent days that the UK Government is set to throw out the plans for the long-awaited Swansea Bay Tidal Lagoon.  

Simon Thomas Mid and West Wales AM and Plaid Cymru Shadow Cabinet Secretary for Energy, Climate Change and Rural Affairs said,

“Plaid Cymru has a long-standing proposal for establishing a publicly owned energy company, Ynni Cymru. We would see profit from Welsh resources used to cut the cost of energy for Welsh consumers and shift to decentralised and distributed networks.  

“Wales has the potential to become self-sufficient in electricity from renewables and powering ahead with world-leading tidal energy technology. Managing our own natural resources would reap vast environmental and economic benefits for the people of Wales.

 “Following the rumours that Westminster may reject plans for a Swansea Bay Tidal Lagoon, the Welsh Government needs to show how committed it is to delivering this scheme. If the UK Government does decide to betray Wales, then we need to think of ways in which we can deliver it without them.

 By setting up a publicly owned Welsh energy company, the Labour Welsh Government could bring this project alive themselves.  

 The Labour party’s 2017 Welsh manifesto commits to supporting “the creation of publicly owned, locally accountable energy companies and co-operatives to rival existing private energy suppliers, with at least one in every region”. 

"What better time than now to implement this manifesto pledge and ensure that Wales invests in renewable energy including the Swansea Bay Tidal Lagoon project? After all, there is little doubt that clean air and renewable energy initiatives are the future.”

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