"The Marine Energy Wales board includes representatives from Carnegie, Marine Power Systems, Minesto, Morlais, Nova Innovation, Tidal Lagoon Power and Wave Hub."
http://www.powerengineeringint.com/articles/2016/11/wales-launches-marine-energy-organization.html
http://www.wavehub.co.uk/pembrokeshire-wave-zone
The EU Structural Fund has already injected €100.4 million toward marine energy infrastructure in Wales. It would be likely that they would want to protect that investment, IMO.
Wales being so close to Cornwall would seem to me to make it easier to manage several commercial projects at once.
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