CBI responds to Wylfa nuclear announcement

Matthew Fell, CBI Chief UK Policy Director, said:

“This is deeply disappointing news, both for the economy of North Wales and the UK’s progress towards net-zero. Nuclear remains an important part of the puzzle for providing the essential supplies of low-carbon electricity we need to power our low-carbon economy of the future.

“Earlier this week the CBI called for policy certainty on the financing models for new nuclear to be delivered as part of a package of measures needed to drive a green recovery from the pandemic, and support jobs all around the country – the construction and operation of nuclear power stations can deliver thousands of jobs and apprenticeships.

“The news on Wylfa underscores the urgent need for bold action from across government to catalyse business investment that can deliver net-zero emissions, with large scale nuclear and small modular reactors both needed as part of our future energy mix. It’s vital that business and government continue to develop the opportunities for new nuclear on Anglesey, a site and community which still has much to offer the industry.”