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WELSH Liberal Democrats have demanded devolving the Crown Estate to Wales to ensure the £1 billion profit from offshore wind energy lease agreements stays in the country.
The move was agreed at the party’s weekend conference when it also called for the creation of a “Celtic Sea Powerhouse.”
Management of the Crown Estate in Wales is reserved to Westminster, while in Scotland it has been devolved since 2017.
The conference was told this could serve as a new economic region for Wales harnessing green technology.
Pembrokeshire councillor Alistair Cameron told the conference: “West Wales has a real opportunity to be at the forefront of the next industrial revolution.
“Combining offshore wind technology with green hydrogen and the skills and education sector at Swansea University we could build a whole new economy including attracting more tech companies to Wales.”
The Lib Dem move comes after last week’s joint Welsh and UK government announcement of freeport status for Milford Haven and Port Talbot.
