Wales’ renewable energy industry has challenged the next Welsh Government to back a bold, joined-up clean power strategy or risk billions in investment, thousands of skilled jobs and millions in community funding flowing elsewhere in the UK.
RenewableUK Cymru said its new Cymru Clean Power: Call for Government 2026 outlines how Wales could unlock a £10 billion economic opportunity for Welsh businesses, create 8,000 secure, well-paid jobs and deliver affordable, home-grown energy if government and industry work together in a formal Cymru Clean Power Partnership.
Its analysis added that accelerating large-scale wind, solar and tidal projects could generate up to £183 million in community benefit funding over the next decade and protect households from price volatility by reducing reliance on imported gas.
Electricity demand in Wales is projected to double or potentially triple by 2050 as AI Growth Zones, electrified heavy industry, electric vehicles and heat pumps increase pressure on the system.
Wales has the natural resources to meet this challenge, with some of the best wind and tidal resources in Europe, the trade group said.
The organisation warned that Wales must modernise and expand its grid network to avoid renewable projects stalling, investment drifting elsewhere and emerging industries looking beyond Wales.
It stated that affordability must guide these upgrades, noting research showing burying power lines can cost up to five times more than overhead lines.
Jessica Hooper, director of RenewableUK Cymru, said: “As parties set out their priorities for Wales, energy is our defining economic choice. Clean energy is one of the UK’s fastest-growing industries. Wales has the natural resources, the projects in the pipeline, and investors ready to go.
“But without a grid fit for the future, that opportunity will not be realised.
“A Cymru Clean Power Partnership would turn potential into delivery – securing affordable, home-grown energy, billions in investment, thousands of well-paid jobs and millions in funding for communities across Wales.”
The Call for Government proposes a two-way Cymru Clean Power Partnership setting out government commitments on clear targets, faster planning, cost-effective grid modernisation and a stable policy framework, alongside industry pledges on skilled jobs, local supply chains, community benefit standards and measurable value.
RenewableUK Cymru is urging all parties contesting the election to commit to the partnership to secure jobs, anchor investment and ensure Wales takes its place at the heart of the UK’s clean energy economy.