Last Energy has unveiled plans for a groundbreaking project to construct four micro modular nuclear power plants in Wales, with an estimated value of £300 million. These plants are intended to be located on the site of the former Lynfi Power Station in Bridgend, which ceased operations in 1977. Pending approvals for planning and licensing, the initial plant is projected to commence operations in 2027, collectively providing enough energy to meet the annual electricity needs of 244,000 homes.
Each Last Energy plant, referred to as a PWR-20, consists of several modules that are assembled similarly to a Lego kit. These innovative plants require land equivalent to only a third of a football pitch and are designed for fabrication, transportation, and assembly within a span of 24 months. Last Energy aims to locally source at least 10% of its supply chain in South Wales, anticipating an approximate £30 million boost to the local economy, excluding business rates, along with the creation of approximately 100 job opportunities.
The project stands out for not seeking any public sector financial assistance, setting a new benchmark in the industry. The company plans to utilise a private energy distribution network to supply a significant portion of the clean energy generated to local businesses, especially those with high energy consumption. Additionally, a small percentage of the power produced is expected to be transmitted through the National Grid to virtual customers. Last Energy has already engaged with Bridgend County Council and the Welsh Government, initiating a public consultation for the project.
Last Energy has emphasised that the nuclear waste produced by the plants will be securely contained, stored, and transported offsite once the plants reach the decommissioning stage. The company has pledged to comply with strict safety protocols and environmental regulations, with oversight from regulatory bodies such as the Office for Nuclear Regulation (ONR), Natural Resource Wales (NRW), and the Environment Agency (EA). Last Energy is committed to funding the decommissioning process and contributing to a decommissioning fund throughout the operational lifespan of the power generation plants.
The announcement of these nuclear power plants in Wales has been met with positive reactions from various stakeholders. UK Government Minister for Energy Security and Net Zero, Lord Hunt, lauded the potential of new nuclear projects to revitalise communities, create jobs, and drive investments. Tom Greatrex, Chief Executive of the Nuclear Industry Association, highlighted the importance of innovative projects like Last Energy’s in advancing deep decarbonisation efforts through reliable and sustainable energy sources.
Last Energy’s ambitious project not only represents a significant step towards energy security and industrial decarbonisation in Wales but also underscores the UK’s commitment to embracing new nuclear technologies for a clean energy future.