Question
To ask the Secretary of State for Energy and Climate Change, what estimate his Department has made of the contribution the proposed power station at Wylfa Newydd will make to the economy of (a) North Wales, (b) Wales and (c) the UK.
The Government expects the Wylfa Newydd nuclear plant to bring massive economic benefit to the region, Wales and the UK as a whole. The project is still in the planning phase, so it is too early to estimate its value. However, the developer, Horizon Nuclear Power, has stated that it expects hundreds of millions of pounds to be invested in the local economy. Horizon also expects that the plant will create 1000 permanent jobs and up to 8,500 jobs during the construction phase.