Rebuilding Wales' proud industrial past
Wales has a proud industrial past. It has always punched above its weight in industries like mining and agriculture. At one point, the Welsh slate industry was the largest in the world.
Today Wales accounts for 3.6% of Britain’s economy, making leading contributions in areas like agriculture, offshore wind, and aerospace and automobile manufacturing.
But opportunities in Wales aren’t what they once were. Wages have barely increased in a decade. Wales needs an economy that delivers well-paying jobs in its towns and cities.
Getting Wales back to what we're good at
We need new industries, new infrastructure and new ideas to rebuild Wales.
Britain Remade’s role is to act as a broker between our supporters in Wales and politicians in Westminster and the Senedd. Britain Remade will campaign for practical ideas to improve Wales, and make sure politicians are listening.
By investing in new clean sources of electricity, better transport, and reigniting Wales' industry, we can have decent jobs, affordable housing, and clean, cheap, secure energy.
Actions to make Britain Energy secure by 2030
A playbook for energy security
From 2020 to 2022, international gas prices surged by 400%. This led to a 235% rise in household electricity bills. In other words, every £1 rise in international gas prices led to a 58p rise in the electricity bills paid by British families.
We recently published The Powerbook which includes 25 actions for energy security to stop this from happening in future.
The price of solar, onshore wind, and offshore wind have fallen by 62%, 55%, and 75% in under a decade. The main obstacles to generating more energy from wind and solar now are a broken planning system and archaic regulation for grid connections.
It is not inevitable that it should take 12 years to build a new wind farm, 4 years to build a new solar farm, or 8 years to build a new transmission line to take energy to where it is most needed.
Let's get building
To make Britain energy secure, we will need to more than triple the amount of energy generated from offshore wind, connect two new nuclear power stations to the grid, and build more grid infrastructure in the next seven years than was built in the last 32. It will mean accelerating the development of technologies such as hydrogen, batteries, and small modular reactors.
The challenge is massive – it will require genuine political will, major investments in new technologies, and innovation from industry – but so is the reward.