The UK Conservative Government has today confirmed that it will take a major step by entering into negotiations with Hitachi and Horizon Nuclear Power in relation to the development and construction of a new nuclear power station at Wylfa Newydd, located on Anglesey in North Wales.
Energy Secretary, Greg Clark made an Oral Statement in Parliament this evening, which could see Wylfa become the biggest investment in North Wales for a generation.
Horizon anticipate it will create up to 9,000 jobs at the peak of construction. With two reactors onsite, the plant would also support close to 1,000 jobs during operation and the company aim to start generating electricity in the mid-2020s.
Commenting, Welsh Conservative Energy spokesman, David Melding AM said:
“This is a welcome announcement from the UK Conservative Government, one which will create thousands of jobs in North Wales during construction.
“Nuclear has an important role to play in the UK’s energy future as we transition to the low carbon economy, however, the government has always been clear that no technology will be pursued at any price: new nuclear must provide value for money for consumers and taxpayers.
“A combination of renewables and nuclear is the surest way to end our reliance on fossil fuels and meet our carbon reduction targets.
“Today’s announcement will provide low carbon and reliable electricity, whilst offering a real opportunity for Welsh businesses and young people in the area, with Wylfa Newydd also being well placed to exploit the well-skilled workforce already located nearby.
“Commercially sensitive negotiations with Hitachi will now commence and we look forward to seeing these concluded positively in the interests of Wales.”