Written question WQ98694
- Asked by
- Llŷr PowellReform
- To be answered by
- Cabinet Minister for Enterprise, Connectivity and Energy
- Tabled
- Due
- Answered
- Time to answer
- 7 days
Question
Will the Welsh Government provide details of subsidies or public financial support awarded to renewable energy projects since 2022?
Answer
Answered by Cabinet Minister for Enterprise, Connectivity and Energy (Adam Price)
Funding and subsidies for renewable generation is provided by the UK Government through measures like the Renewables Obligation and Contracts for Difference.
The previous Welsh Government funded locally owned renewable generation and funded targeted decarbonisation of the public sector in Wales. The principal delivery services supporting communities, small businesses and the public sector to develop renewable projects are listed below.
Table 1 – Core programmes and investment since 2022 supporting renewable energy projects in Wales.
Programme name Investment from 2022-2026 (£m)
Welsh Government Energy Service (WGES) early grant funding for community projects 0.850
Local Energy Loan Fund managed by Development Bank Wales for local energy projects
(Repayable loans at market rate)
2.497
WG Local Energy Grant Fund 7.170
Ynni Cymru[1] Grants 22.600
Trydan Gwyrdd Cymru – project development for wholly publicly owned projects 7.955
Wales Funding Programme (projects developed through WGES; Loan funding administered by Salix Finance) 1.075
Wales Funding Programme (projects developed through WGES; grant funding administered by WGES, including Great British Energy funding) 3.000
Wales Funding Programme (projects developed through WGES; loan funding administered by Salix Finance, including Great British Energy funding) 6.000
Direct investment in strategic projects:
Marine Power Systems (Loan)
Marine Energy Programme -Tidal Stream
Investment Inyanga project and Menter Môn Morlais Ltd
8.000
10.000
[1] Ynni Cymru funded schemes Ynni Cymru: capital grants awarded | GOV.WALES