6. Plaid Cymru Debate: Establishing a Publicly Owned Energy Company

Part of the debate – in the Senedd at 4:23 pm on 6 June 2018.

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Photo of David Rowlands David Rowlands UKIP 4:23, 6 June 2018

Shall I say that we are a party that thinks out of the box? [Laughter.] And therefore we're a party of free minds as well.

Well, I thank Plaid Cymru for bringing this debate to the Chamber, and the establishment of a not-for-profit Welsh-based energy company or companies must work in the interests of the Welsh public. Many of the private companies supplying Welsh homes are foreign-owned. This means that at least some of the revenue earned leaves the country, to the benefit of recipients elsewhere. 

Being a not-for-profit company should intrinsically mean that it is able to be very competitive and may even have the effect of driving down energy supply prices, and could of course utilise all the levers of any production mentioned by Simon—although, of course, I would not agree with all the systems of energy production that he mentioned. I therefore echo Plaid Cymru's call for the Welsh Government to establish a publicly-owned energy company.