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£40m nuclear facility project for Wales announced £40m nuclear facility project for Wales announced
(about 9 hours later)
A £40m facility to support the design of advanced nuclear technologies will be developed in north Wales by the Welsh and UK governments.A £40m facility to support the design of advanced nuclear technologies will be developed in north Wales by the Welsh and UK governments.
It is in addition to a £200m UK government nuclear sector deal to be launched in Trawsfynydd, Gwynedd.It is in addition to a £200m UK government nuclear sector deal to be launched in Trawsfynydd, Gwynedd.
The deal will also see investment in technology to reduce the high cost of the sector and bring down energy bills.The deal will also see investment in technology to reduce the high cost of the sector and bring down energy bills.
The chief executive of the company behind plans for Wylfa Newydd on Anglesey welcomed the proposals.The chief executive of the company behind plans for Wylfa Newydd on Anglesey welcomed the proposals.
The UK-wide deal funded by public and private money also includes:The UK-wide deal funded by public and private money also includes:
Business and Energy Secretary Greg Clark said: "This sector deal marks an important moment for the government and industry to work collectively to deliver the modern industrial strategy, drive clean growth and ensure civil nuclear remains an important part of the UK's energy future."Business and Energy Secretary Greg Clark said: "This sector deal marks an important moment for the government and industry to work collectively to deliver the modern industrial strategy, drive clean growth and ensure civil nuclear remains an important part of the UK's energy future."
Alun Cairns, secretary of state for Wales, said Trawsfynydd has an "exciting future as the potential site for the new generation of small reactors".Alun Cairns, secretary of state for Wales, said Trawsfynydd has an "exciting future as the potential site for the new generation of small reactors".
"Trawsfynydd is ready to be transformed with little upgrade needed to the grid infrastructure."Trawsfynydd is ready to be transformed with little upgrade needed to the grid infrastructure.
"It's in the right place with the right people and good links to leading academic research institutions in the nuclear sector," he said."It's in the right place with the right people and good links to leading academic research institutions in the nuclear sector," he said.
Duncan Hawthorne, CEO of Horizon Nuclear Power the company behind the Wylfa Newydd plans, welcomed the proposals.Duncan Hawthorne, CEO of Horizon Nuclear Power the company behind the Wylfa Newydd plans, welcomed the proposals.
"It's a clear demonstration of how government and industry will work together to ensure nuclear continues to play a crucial role in providing clean, secure power for the UK, as well as delivering jobs, skills and investment across the country," he said."It's a clear demonstration of how government and industry will work together to ensure nuclear continues to play a crucial role in providing clean, secure power for the UK, as well as delivering jobs, skills and investment across the country," he said.
Matt Rooney, engineering policy advisor at the Institution of Mechanical Engineers, said the funding could turn north Wales into a "world leading industrial cluster".Matt Rooney, engineering policy advisor at the Institution of Mechanical Engineers, said the funding could turn north Wales into a "world leading industrial cluster".
Welcoming the deal, the Welsh Government said it had led the way in supporting the nuclear sector in Wales.
"The fact that the deal is launched today in Trawsfynydd is a direct result of the foresight we demonstrated in designating the Snowdonia Enterprise Zone," said an official.
"It is important that the UK government now supports the work we have done by fully delivering what they have pledged today."