New nuclear power plants to be built in Wales in huge £300m project

Plans have been unveiled for the construction of four micro modular nuclear power plants in Wales, with a staggering £300m investment. Last Energy, the company behind the project, aims to develop the plants on the grounds of the former coal-powered Lynfi Power Station in Bridgend, which ceased operations in 1977. Pending approval of planning and licensing, the first facility is set to commence operations by 2027, generating sufficient energy to power around 244,000 homes annually.

The innovative Last Energy plant design, labelled as a PWR-20, comprises several modules that can be assembled akin to a Lego kit. Requiring only a fraction of land equivalent to a third of a football pitch, these plants can be fabricated, transported, and set up within 24 months. Approximately 10% of the project’s supply chain will be sourced locally in South Wales, amounting to an estimated economic impact of £30m without factoring in business rates. The initiative is anticipated to create about 100 job opportunities, with Last Energy opting not to seek public financial assistance.

Through a novel private energy distribution network, a significant portion of the clean energy produced will be supplied to local businesses, particularly those with high energy requirements. Some power is expected to be channeled through the National Grid to virtual customers. Last Energy has already secured the Lynfi site, strategically positioned adjacent to an operational substation that has been maintained since the closure of the former coal plant.

Public consultations for the ambitious project have been initiated following engagements with Bridgend County Council and the Welsh Government. Each nuclear plant is designed to have a lifespan of 42 years, with provisions for extension. The company is engaged in commercial discussions with various industrial clients in the region. Last Energy is also mapping out plans for similar installations across the UK.

CEO of Last Energy UK, Michael Jenner, expressed optimism about the transformative potential of the Llynfi project in creating a hub for eco-friendly energy production and driving economic growth in South Wales. Government Minister for Energy Security and Net Zero, Lord Hunt, welcomed the endeavour, highlighting its role in revitalising communities, providing clean energy solutions, and fostering economic development.

The project aligns with the industry’s shift towards nuclear energy as a reliable and sustainable power source, essential for achieving deep decarbonisation goals. Last Energy has outlined robust measures for managing nuclear waste, ensuring safety and environmental compliance throughout the project lifecycle. With support from various stakeholders and regulatory bodies, the initiative marks a significant step towards bolstering energy security and advancing industrial decarbonisation efforts in Wales and beyond.