Wales set to become ‘global centre for energy’

The Welsh government has published a new energy strategy outlining how the country aims to establish itself as a leading low carbon technology hub.

The report, titled Energy Wales: A Low Carbon Transition, sets out a series of commitments designed to accelerate investment in low carbon energy generation and maximise the economic and job creation benefits that will arise from a shift towards renewable energy and nuclear power.

First Minister Carwyn Jones said: “Energy is a defining issue for our generation and an issue on which, as a government, I am determined that Wales will lead.  Our ambition is to create a low carbon economy that delivers a wealthy future for Wales.  At every step along the way, we must make sure Wales takes full advantage of the potential for jobs and long term economic development, an aim which is especially important in the current economic climate.

“There is no escaping the challenges of climate change and energy security.  However, these challenges are also a golden opportunity for Wales to lead the way in creating a low carbon economy and lay the foundations for a better future and maximise the long term benefits to Wales at every stage along the way.

“Last year the renewable and low carbon sectors supported 29,000 jobs in Wales.  I want to see these figures increase and see Wales securing the highest possible number of the 250,000 additional jobs predicted for the energy sector in the UK in the coming years.  Business is essential to our energy and our economic future.  We therefore aim to build on Wales’ reputation – working in partnership with the industry – to ensure that we are not only ‘open for business’, but are once again seen as a global centre for energy.  We recognise that we must create a stable environment for long-term investment as well as supporting our vital energy intensive industries through this transition.”

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