Despite the fact that Wylfa Newydd has been put on hold, hope is not lost as full planning permission will be sought for the project which would allow a “timely restart”  to work on the Anglesey plant.

But the Japanese firm suspended work last month because of rising costs.

It said the decision would cost it an estimated 300bn yen (£2.1bn) as “extraordinary losses”.

The suspension was “from the viewpoint of its economic rationality as a private enterprise”.

About 9,000 workers had been expected to be involved in building the facility, which would have the potential to power five million homes and have a 60-year operational life.

But despite the suspension, Horizon said it would still seek the Development Consent Order (DCO) the project needs.

“Completing this phase of the DCO does not change the overall decision to suspend wider activities but it will help give the best chance of a restart for the project at Wylfa Newydd, which remains the premier nuclear new-build site in the UK,” said the firm’s executive director Anthony Webb.

Article retrieved from: https://www.bbc.co.uk/news/uk-wales-47160490

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