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Wylfa: 'More cash for region' over nuclear plant delay Wylfa: 'More cash for region' over nuclear plant delay
(about 3 hours later)
More cash could come from the Welsh Government to help workers affected by the suspension of work on a new nuclear power station, a minister has said.More cash could come from the Welsh Government to help workers affected by the suspension of work on a new nuclear power station, a minister has said.
Japanese firm Hitachi's decision to halt its Wylfa Newydd project on Anglesey was described as a "tremendous blow" to the north Wales economy.Japanese firm Hitachi's decision to halt its Wylfa Newydd project on Anglesey was described as a "tremendous blow" to the north Wales economy.
About 9,000 workers had been expected to build the £13bn plant.About 9,000 workers had been expected to build the £13bn plant.
But economy secretary Ken Skates told the North Wales Economic Ambition Board he wanted UK government help too.But economy secretary Ken Skates told the North Wales Economic Ambition Board he wanted UK government help too.
Speaking at an emergency meeting on Monday, he told delegates at the event in Llangefni, Anglesey that the Welsh Government was willing to contribute more finance to a growth deal for north Wales but he wanted the UK government "to contribute more as well".Speaking at an emergency meeting on Monday, he told delegates at the event in Llangefni, Anglesey that the Welsh Government was willing to contribute more finance to a growth deal for north Wales but he wanted the UK government "to contribute more as well".
However he added the discussion was "about more than just the cash".However he added the discussion was "about more than just the cash".
He said: "It's about making sure we don't lose the momentum on Wylfa Newydd and we go on finding ways of ensuring the resilience of the north Wales economy is strengthened."He said: "It's about making sure we don't lose the momentum on Wylfa Newydd and we go on finding ways of ensuring the resilience of the north Wales economy is strengthened."
With plans for Wylfa Newydd "paused"for a number of years, Mr Skates said: "In that environment we need to ensure that people who are being skilled up and the businesses that were preparing for the Wylfa Newydd project have alternative opportunities to get work. With plans for the nuclear power station "paused" for a number of years, Mr Skates said: "In that environment we need to ensure that people who are being skilled up and the businesses that were preparing for the Wylfa Newydd project have alternative opportunities to get work.
"That's why it's so important we work together as team north Wales . . . in identifying as many ways to maintain the good momentum we have built up.""That's why it's so important we work together as team north Wales . . . in identifying as many ways to maintain the good momentum we have built up."
Llinos Medi, leader of Anglesey council, said the board wanted to ensure that Anglesey remained seen as the prime location for a new nuclear power station to be built in the UK.
Energy is not currently devolved to the Welsh Government and prior to the meeting Mr Skates had said he was "deeply concerned" and wanted the UK government to "step up to the plate" to give assurances about the project and the wider implications for the regional economy.
The North Wales Economic Ambition Board is made up of private and public organisations, colleges, universities and business leaders from across north Wales, working with the Welsh Government to encourage business investment.The North Wales Economic Ambition Board is made up of private and public organisations, colleges, universities and business leaders from across north Wales, working with the Welsh Government to encourage business investment.
Its vice chairman, Gwynedd council leader Dyfrig Siencyn, said Wylfa was worth "billions" to the local economy. It said it fully supported a new nuclear station, adding in a statement: "The board would like to make it clear the decision to suspend work on Wylfa Newydd will in no way impact on any projects in the North Wales Growth Deal.
"It's quite difficult to imagine the sums we're talking about, so the impacts are extremely severe," he added. "Those projects stand alone with approved business cases and will be crucial to the further economic prosperity of the area."
Llinos Medi, leader of Anglesey council, said the board wanted to ensure that Anglesey remained seen as the prime location for a new nuclear power station to be built in the UK.
Further education college Coleg Menai has 700 engineering students, many hoping to take advantage of opportunities from Wylfa and its supply chain.Further education college Coleg Menai has 700 engineering students, many hoping to take advantage of opportunities from Wylfa and its supply chain.
The college confirmed its 30 Horizon apprentices would be funded to finish their three-year courses and still be offered work experience.The college confirmed its 30 Horizon apprentices would be funded to finish their three-year courses and still be offered work experience.
Hitachi announced the suspension of work at the plant on Thursday because of rising costs, although its subsidiary Horizon Nuclear insisted work could restart when funding solutions were agreed.Hitachi announced the suspension of work at the plant on Thursday because of rising costs, although its subsidiary Horizon Nuclear insisted work could restart when funding solutions were agreed.
The Japanese firm had been in talks with the UK government since June about funding for the project.The Japanese firm had been in talks with the UK government since June about funding for the project.
The government said it had failed to agree terms with Hitachi.The government said it had failed to agree terms with Hitachi.
UK Business Secretary Greg Clark has told MPs ministers were willing to provide a "significant and generous package" of support to Hitachi to continue work at Wylfa.UK Business Secretary Greg Clark has told MPs ministers were willing to provide a "significant and generous package" of support to Hitachi to continue work at Wylfa.
He said that the UK government was willing to take a one-third equity stake in the project and was ready to provide all of the required debt financing to see the project completed.He said that the UK government was willing to take a one-third equity stake in the project and was ready to provide all of the required debt financing to see the project completed.