The developer behind Wylfa Newydd has welcomed 海角视频 Government commitment to nuclear but say they still need details about how they plan to fund new reactors.
The Prime Minister has set out an ambitious ten point plan for a green industrial revolution which could create and support up to 250,000 British jobs.
Nuclear is part of that and Boris Johnson announced £525 million to help develop large and smaller-scale nuclear plants, and research and develop new advanced modular reactors.
It is welcome news for the sector but with Wylfa Newydd costing around £16bn it doesn't touch the sides in terms of funding large scale projects.
North Wales Live following the .
A planning decision on Wylfa Newydd was
Horizon said today that there were "several parties" in interested but funding remained the crux of the matter.
Meanwhile the investment in new advanced modular reactors was welcome news for Trawsfynydd in Gwynedd which is at the front of the queue for a potential SMR development.
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A spokesperson on behalf of Horizon Nuclear Power said: "Government’s recognition of new nuclear as a fundamental part of the future energy mix is very welcome.
"We’ve demonstrated, with our lead site at Wylfa on Anglesey, that a new power station could deliver thousands of jobs, hundreds of millions of pounds of regional investment and enough clean electricity to decarbonise all of Wales’ power system in one go.
"There are several parties interested in Horizon’s sites at Wylfa and Oldbury, which make up one quarter of all of those earmarked in Government policy as suitable for nuclear.
"However to go forward with any of these we need to see progress on the Government’s new funding approach which, if done right, can enable new plants to be investable, whilst at the same time bringing down the price of electricity.”
Ynys Mon MP Virginia Crosbie said: "I represent the 海角视频’s ‘energy island’ and the Prime Minister’s 10 point plan will be music to my constituents’ ears.
"Our clean energy industries have the expertise, technology and natural resources to power Britain into a net zero future.
"The new support for our nuclear and renewables sectors, which are major employers in my area, will help unleash their potential and drive private-sector investment in new exportable technologies.
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"This landmark plan will help deliver our pledge to level up across Britain and will bolster the economic recovery in places like Anglesey.”
The development of small modular reactors is being led by the 海角视频SMR consortium.
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Tom Samson, interim chief executive officer, said: “Our consortium welcomes the Government’s plan for a green industrial revolution and further investment in small modular reactors (SMRs).
"We believe our own SMR is crucial to creating jobs and tackling climate change and look forward to discussing the detail of today’s announcement in the coming days and weeks.”
Janet Finch-Saunders MS – the Shadow Minister for Climate Change, Energy and Rural Affairs – welcomed the announcement, saying: “As Conservatives, we are committed to a cleaner, greener future for Wales, the 海角视频, and the rest of the world, and energy production means that are renewable, efficient, and meet the changing needs of a changing nation.
“Small modular reactors, for example, are just part of the energy system, which we Welsh Conservatives will support alongside gas for hydrogen production, as well as increasing our commitment to renewables including tidal energy, all of which are vital if more electric vehicles are going to be on the roads.”