The facility should reduce pressure on electricity supplies and help the UK reach net zero carbon emissions by 2050, a target that Prime Minister Boris Johnson has set. The Government has now entered into discussions with American nuclear reactor manufacturer Westinghouse about a proposal to develop a new plant in Anglesey, Wales.
The plant would be joining a second nuclear plant at Hinkley Point, Somerset, which is already under construction, as well as a proposal for a new reactor at Sizewell, Suffolk.
Once constructed, the plant will be capable of generating enough electricity to power over six million homes and may come into use in the mid-2030s.
Ministers are said to be becoming increasingly worried that existing nuclear projects will not provide the power needed to meet Mr Johnson’s Ten Point Plan for a “Green Industrial Revolution” after Brexit.
Britain currently has seven operating nuclear plants which provide around 17 percent of its electricity needs, but this is expected to drop by almost half by 2024.
More plants are due to shut between then and 2030 which means that an even greater proportion of nuclear energy in the grid will fall.
But the plans for Hinkley Point are due to see it come into action in 2027 and will also power about six million homes.
Britain’s climate advisors have said that nuclear replacement plants are an important step in decarbonising the UK’s electricity system, which would need to be completely decarbonised 2035 to reach net zero by 2050, according to experts.
Business secretary Kwasi Kwarteng is reportedly worried that the amount of nuclear power on the grid will not provide enough energy to allow gas power stations to be phased out by the 2030s, the current Government target.
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