Plans to bring a mini-nuclear station to Gwynedd have taken a step forward. Cwmni Egino, which is the company behind a proposal to develop the former nuclear power station in Trawsfynydd, has said it has completed its first phase of development work.
It said this confirmed the viability of deploying Small Modular Reactors (SMRs) at the site. Bosses added that land owned by the Nuclear Decommissioning Authority (NDA) could be suitable for a range of SMR technologies with the potential to generate up to 1GW of electricity, North Wales Live reports.
It is estimated that SMRs at Trawsfynydd could create over 400 long-term jobs in the local area and contribute £600m to the north west Wales economy, and £1.3bn for the whole of Wales during over an operational life of 60 years. It would also create thousands of additional jobs during the construction stage, as well as through the Welsh and UK supply chains. You can get more local news and other story updates straight to your inbox by subscribing to our newsletters here.