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Climate

Marine Energy Boosts Welsh economy by £30m, Pembrokeshire leads

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IN the 2023/24 financial year, Wales’ marine renewable energy sector delivered a substantial £29.9 million to the Welsh economy, as revealed in the latest State of the Sector Report by Marine Energy Wales. This brings the total cumulative spending and investment in the sector to an impressive £292.9 million.

Despite a notable reduction from the previous year’s £103.4 million, this year’s figure remains the second highest annual spend recorded to date. The decline is attributed to the conclusion of European grant funding and the completion of significant infrastructure projects, such as the Morlais development on Anglesey, which inflated last year’s expenditures.

Jeremy Miles, Cabinet Secretary for Economy, Energy and Welsh Language, expressed optimism about the sector’s future: “Wales is well placed to be at the forefront of marine energy technologies. Maximising this opportunity is an important step towards our path to net zero, attracting investment and creating highly skilled and well-paid jobs, particularly in coastal communities.”

The report highlights the considerable contribution of the tidal stream sector, which has injected £116.1 million into the Welsh economy since 2019, largely due to the Morlais infrastructure and the efforts of tidal kite developer Minesto.

Anglesey and Pembrokeshire are at the forefront of this growth, with Anglesey leading with £103.8 million in investments to date, closely followed by Pembrokeshire at £97 million. Swansea is also emerging as a key player, with £39.2 million invested in marine energy development.

The sector currently sustains 429 full-time jobs across Wales, with Pembrokeshire employing the highest number of people in the sector at 260 FTEs. This is due to the county’s established supply chain, which includes fabricators, engineers, and environmental consultants. Both Swansea and Anglesey also contribute significantly to employment in this sector.

Tam Bardell, Chair of Marine Energy Wales, underscored the importance of maintaining momentum: “We have just over a decade to meet the Welsh Government’s target of 100% renewable energy by 2035. While generating around 59% from renewable sources, we still have a long way to go. This report is not just a reflection of our achievements but a call to action.”

The future of the sector looks promising, particularly for tidal stream and floating offshore wind (FLOW), with a projected £486 million spend over the next five years in Wales. Continued support from governmental policies and increased private sector investment are essential for overcoming current barriers and ensuring Wales’ progression as a global leader in marine renewable energy generation.

As the sector grows, improving gender balance and diversifying roles remain positive steps forward, ensuring the industry’s sustainable development and its pivotal role in Wales’ economic and environmental future.

 

Climate

Ice warning issued as temperatures fall below freezing across Pembrokeshire

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Cold snap expected to create hazardous roads and pavements overnight into Monday morning

PEMBROKESHESHIRE residents are being urged to take extra care after a yellow weather warning for ice was issued for the whole of Wales.

The alert, issued by the Met Office, covers the period from late Sunday night (Feb 1) until mid-morning on Monday (Feb 2), with temperatures expected to drop to around minus two degrees Celsius in some areas.

Forecasters say wet roads and surfaces left by earlier showers are likely to freeze quickly after dark, creating icy stretches on untreated roads, pavements and rural lanes across Pembrokeshire.

Travel disruption possible

The Met Office warns that icy patches may form widely, increasing the risk of slips and falls and making journeys slower and more hazardous, particularly during the Monday morning commute.

Untreated side roads, country routes and shaded areas are expected to be most affected, with black ice possible in places where frost is not easily visible.

Drivers are advised to allow extra time for journeys, slow down and keep a safe distance from other vehicles. Pedestrians are urged to wear suitable footwear and take care on steps, slopes and pavements.

Gritting teams are expected to treat main routes overnight, but officials warn that not every road can be covered.

Local outlook

Temperatures across the county are forecast to fall sharply after sunset on Sunday, with frost forming widely before dawn. Inland and higher ground areas are likely to see the coldest conditions.

Residents are also being encouraged to check on elderly or vulnerable neighbours and ensure homes are adequately heated during the cold spell.

Conditions are expected to improve later on Monday as temperatures rise above freezing, but further updates may be issued if the forecast changes.

 

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Climate

Breaking down barriers between finance and industry in offshore renewables sector

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EARLIER this week, Marine Energy Wales brought together senior representatives from national and devolved finance institutions with developers, ports and supply-chain companies operating across Wales’ offshore renewable energy sector for a dedicated finance roundtable in Pembroke Dock. Attendance was limited to premium MEW members to allow for frank, focused discussion.

The session was intentionally designed to be different.

Rather than relying on formal presentations or sales pitches, the roundtable created a facilitated, closed-door space for open dialogue. Finance organisations were able to explain clearly how they operate, what types of projects they can support, and where constraints still exist. Industry participants, in turn, set out the real-world challenges they are facing across tidal energy, floating offshore wind, port infrastructure and supply-chain development.

What emerged was more than information sharing—it was a clearer, shared understanding of how decisions are made on both sides.

From siloed conversations to shared problem-solving

A consistent theme from the discussion was that significant public and institutional finance is now available to support clean energy projects. However, navigating that landscape remains complex, particularly for early-stage developments, smaller supply-chain businesses and emerging technologies.

By bringing the right people into the room at the same time, the roundtable helped to:

  • demystify how different finance bodies assess risk, scale and project readiness
  • highlight where policy ambition, market signals and investment criteria are not yet aligned
  • identify opportunities where better sequencing and coordination of funding could unlock progress
  • establish direct relationships that will support follow-up conversations beyond the room

The discussion also surfaced where gaps remain. In particular, the need for clearer market signals and more tailored support for tidal stream and other early-stage marine technologies was repeatedly raised. These are challenges that are difficult to address in isolation, but far more productive to tackle collectively.

The value of convening

For Marine Energy Wales, the roundtable reinforced the importance of our role as a neutral convener for the sector.

Members consistently tell us that access to finance is one of the most significant barriers to progress—not only in terms of capital availability, but in understanding how to engage effectively with funders. At the same time, finance organisations are keen to deepen their understanding of project development timelines, technology risk and the scale of Welsh supply-chain ambition.

Creating space for those conversations is where real value is added.

This is not about Marine Energy Wales brokering individual deals. It is about building shared understanding, reducing friction, and helping to align finance, policy and industry around credible pathways to delivery.

What comes next

This roundtable was not a one-off.

Marine Energy Wales is committed to continuing this work, developing structured and trusted forums where finance, industry and government can engage early, openly and constructively. As Wales moves from ambition to delivery in offshore wind and tidal energy, these relationships and conversations will be critical to ensuring projects are investable, deliverable and anchored in Welsh economic benefit.

We will continue to work with our members and partners to identify priority issues, convene the right voices, and help turn opportunity into tangible outcomes on the ground.

 

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Climate

Wales takes another giant leap towards becoming a zero-waste nation

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THE LATEST figures are in, and they’re impressive – Wales has pushed its recycling rate up to 68.4% in 2024-25, climbing from 66.6% the previous year. It’s a remarkable turnaround for a country that was recycling just 5% of its waste before devolution.

The boost comes as Wales’ new workplace recycling rules begin to show real results. Businesses, public sector organisations and third sector workplaces across the country are now required to separate key recyclable materials, and it’s making a measurable difference.

Local authorities collected an additional 8,187 tonnes of recyclable material from workplaces this year – that’s a 42% jump compared to last year. Meanwhile, residual waste from workplaces has dropped by 15.8%, meaning thousands of tonnes of valuable materials are being fed back into the economy rather than burned or buried.

The landfill figures tell their own story – just 0.7% of Wales’ waste ended up in landfill in 2024-25, compared to 95% before devolution.

Deputy First Minister Huw Irranca-Davies, who has responsibility for climate change, said: “We continue to build on Wales’ already world class recycling. This shows the huge shift in attitudes over the last few decades; recycling is now a part of who we are as a nation.”

He added: “I’m proud of every person in Wales who has played their part in getting us to where we are today – in our homes and now in our workplaces too. Thank you for joining this collective effort.”

Wales currently sits second in the world for recycling – leading the UK and trailing only Austria in global rankings published by Eunomia Research and Consulting and Reloop in 2024. More than half of Welsh councils hit the 70% recycling target, and over 90% improved their rates year-on-year.

The Deputy First Minister said: “Our recycling track record is something to be proud of as we continue taking action to tackle the climate and nature emergency and grow the green economy. But let’s not be complacent. Being number one in the world for recycling is within our grasp if we keep up the momentum.”

 

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