The Welsh government is consulting the public on proposals to create a new, government-owned renewable energy company that would develop and own wind and solar plants while helping local communities take an ownership stake. The Plaid Cymru-led administration says the aim is to reduce energy bills over time and ensure Wales benefits from its renewable resources, though the company would not directly set household electricity prices or replace existing energy suppliers. The plans have been criticised by the Welsh Conservatives.

The proposed company would combine the government's existing developer, Trydan Gwyrdd Cymru, with other schemes such as Ynni Cymru, and the consultation asks whether it should adopt either of these names. It could also take stakes in larger projects, including offshore wind, marine energy and nuclear, and the government is considering a Welsh Energy Wealth Fund to support vulnerable households and communities hosting projects. Enterprise Minister Adam Price said the goal was an energy system that is "clean, cheap and owned by us", drawing a parallel with Wales' coal industry during the Industrial Revolution, whose benefits he said were not retained locally. The new body would be separate from the UK government's Great British Energy.