After the £75bn estimate potential for the Highlands, Wales' £47bn renewable energy future has been unveiled in the Senedd with the launch of Unleashing the Full Value of Welsh Renewables, a major new report by RenewableUK Cymru in collaboration with Solar Energy UK, and Marine Energy Wales.

The report sees 17.9GW of installed renewable capacity, £46.9 billion in private investment, and over £10bn flowing to Welsh businesses with 13 million tonnes of carbon emissions saved by 2035.

Director of RenewableUK Cymru, Jessica Hooper said: “This is an opportunity too big to ignore — or to delay. We must invest in grid infrastructure, ports, skills, and planning systems to capture this opportunity before it slips through our fingers.”

the research comes at a critical time for Wales, as momentum builds around a dedicated Renewables Sector Deal. The report offers a robust evidence base, a clear pathway forward, and identifies the key policy levers needed to form a strategic partnership between government and industry. It calls on decision-makers to set minimum deployment targets for all renewable technologies — a vital step toward delivering the “maximising renewables” scenario and unlocking the full economic potential for Wales.

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