People across Wales are being invited to have their say on proposals for a new public energy company owned by the people of Wales.
A consultation launched today, sets out proposals for a single national public energy company. The company would bring together existing energy organisations and help ensure that more of the economic benefits from Wales’s energy resources flow to people, communities, businesses and public services in Wales.
Wales has some of the best renewable energy resources in Europe. The proposed company would aim to increase Welsh ownership of energy projects and help communities, businesses and public services make better use of energy produced in Wales.
The company would not replace existing energy suppliers or directly set household energy prices. However, increasing Welsh ownership of energy projects could help reduce energy costs over time and ensure more money is reinvested in Welsh communities and public services.
The consultation is open until 30 November 2026.
People can take part online at: Formation of a consolidated Welsh public energy company | GOV.WALES
To read the press release in full, please select the following link: Shape plans for a new clean energy company, owned by Wales, to benefit Wales | GOV.WALES