Britain's Nuclear Decommissioning Authority (NDA) said Tuesday it had signed a Memorandum of Understanding (MoU) with Cwmni Egino to support their development of a new small scale nuclear project in North Wales.
The MoU enables the NDA to share information and expertise around the characteristics of its land at Trawsfynydd, to align the decommissioning plans and site activities with the new nuclear project, and to support Cwmni Egino with stakeholder engagement and developing socio-economic plan, the agency said.
The announcement follows the development earlier this year from BEIS that the NDA would work alongside stakeholders, including Cwmni Egino, to enable engagement on potential future nuclear developments in the UK.
The British energy security strategy published in April this year made several new commitments to secure, clean, and affordable British energy for the long term, including delivering new and advanced nuclear power.
The UK's Minister for Business, Energy and Corporate Responsibility, Lord Callanan, said, "This new working relationship ... would ensure more homegrown energy as part of our wider mix, and contribute to our ambition to be generating 24GW of nuclear capacity by 2030.
But this will also be of huge benefit to the people living around Trawsfynydd, who are set to benefit from the skilled jobs this could create in the coming years."
NDA Chief Executive, David Peattie, said the agency was "engaging with several stakeholders to explore potential uses of our estate, using our capability and expertise to support the government in delivering its energy security strategy."
The NDA is charged with cleaning up the UK’s earliest nuclear sites safely, securely, and cost-effectively, It now owns 950 hectares of designated land across 17 nuclear licensed sites.
Cwmni Egino is the development company established by Welsh Government in 2021 to drive future development at the Trawsfynydd site and to promote regional economic and social regeneration.
The NDA site at Trawsfynydd is home to a Magnox station which is being decommissioned by Magnox Ltd, a subsidiary of the NDA. The NDA also owns land outside the Magnox site boundary which could be used for a new nuclear development.
Cwmni Egino is currently developing a business proposition for the development in Trawsfynydd, with a target for construction to start in 2027.
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