Publicly owned energy company launched in Wales

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Publicly owned energy company launched in Wales
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Ynni Cymru will be based on Anglesey and the Welsh government hopes it will expand community-owned renewable energy initiatives.

Climate change minister, Julie James, and Plaid Cymru's designated member, Siân Gwenllian, visited the Anafon Hydro project in Abergwyngregyn, Gwynedd.Advertisement

The projects which are set to receive funding over the next three years include Cwm Arian for the"heart of Dyfed power unlocker" project on the border between Carmarthenshire, Ceredigion and Pembrokeshire, and the Dyffryn Ogwen Gynaladwy project in Bethesda, Gwynedd. Julie James said the"market-based approach to the energy system is not delivering decarbonisation at the scale or pace necessary for the climate emergency".

"Local use of locally generated energy is an effective way to support net zero and keep the benefit in our communities," she added. Siân Gwenllian added:"As we face multiple challenges of a climate crisis and high energy bills, it is more important than ever that we develop renewable energy projects that have local benefit and ownership as a core aim."

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