The Welsh Government is finalising its approach to a National Energy Strategy, due to be published later this year.
The strategy sets out the Welsh Government's vision for a low-carbon energy system that retains value in Welsh communities.
It will map out Wales' current and future energy needs and how to deliver the infrastructure needed to meet them.
The strategy will prioritise meaningful community ownership, reducing bills, and ensuring the full benefits of low-carbon energy are maximised for Welsh communities.
Renewable energy targets will be replaced by emissions reductions.
The Welsh Government has said that communities will be central to the approach and will take into consideration not only where projects can be delivered, but how they can secure local support.
The Cabinet Member for Enterprise, Connectivity and Energy, Adam Price, visited the Port of Mostyn and Port of Milford Haven to see how they are supporting the offshore wind sector.
He said: "The transition to net zero is not just an environmental necessity, it is a major, transformative economic opportunity. Our ambition is to secure sustainable growth, attract further investment, create high-quality jobs and support thriving communities across Wales.
"We are also determined that the communities hosting renewable energy developments are genuine beneficiaries through a new Wales Wealth Fund. As we create clean energy in Wales more of it will be owned in Wales. This will be led by our approach to create the Welsh Public Energy Company.
"We will also develop Trydan Gwyrdd Cymru to create a single national energy company to grow community and local ownership of renewables, while ensuring energy developments are properly considered through the planning system to balance local impact with efficient delivery.
"Alongside this work, we are progressing our policy on undergrounding electricity infrastructure at 132kV and below. The National Energy Strategy will set out the actions and timelines to deliver on all of these changes."
Tom Sawyer, Chief Executive of the Port of Milford Haven, said: "Ports will play a vital role in supporting the growth of a low carbon economy. As Wales’ largest port and the UK's leading energy port, we look forward to working alongside government and industry to help deliver this vision.
"Wales can reduce emissions while retaining the industrial capability, skilled jobs and energy infrastructure that underpin our economy, and the Milford Haven Waterway is uniquely placed to help deliver that ambition while ensuring the benefits are retained within Welsh communities."
