Project:

Trawsfynydd

Overview:

This project will deploy first-of-a-kind Small or Advanced Modular Reactors at the Trawsfynydd site to generate low carbon energy. The Growth Deal will contribute towards project development costs and infrastructure, helping to create jobs as well as position North Wales as a leading location for a technology that has significant potential for deployment across the UK and internationally.

Ambition North Wales is working with lead sponsor, Cwmni Egino to develop this site.

Lead Sponsor:

Objectives

Additional GVA

Generate up to £70 million net additional GVA 

Job Creation

Create up to 505 new jobs for the region

Carbon Savings

Save up to 2,660,000 tonnes of CO2e savings

Target Investment

£20m

Growth Deal

£224m

Other Public Sector

£0m

Private Sector

£244m

Total Investment

Which stage has the project reached?

Stage01.
Determine the Project context:

The planning phase of the spending proposal. Assessing the strategic context for the project and demonstrating how it provides synergy with other projects within the portfolio.

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Stage02.
Preparing the Strategic Outline Case:

The scoping phase of the project. Making the case for change and identifying the preferred way forward.

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Stage03.
Preparing the Outline Business Case:

The planning phase for the project. Identifying the options that provide value for money, confirming the affordability of the project and determining the arrangements for the successful delivery of the project. 

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Stage04.
Approval of the Outline Business Case:

The Outline Business Case is presented to the North Wales Economic Ambition Board for approval. When approved the procurement phase of the project can begin. 

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Stage05.
Preparing the Full Business Case:

The procurement phase of the project. Recording the findings of the procurement and confirming the management arrangements for the delivery, monitoring and evaluation of the project.  

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Stage06.
Approval of the Full Business Case:

The Full Business Case is presented to the North Wales Economic Ambition Board for approval. When approved the implementation phase of the project can begin. 

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Stage07.
Project implementation and monitoring:

The project implementation phase. The Full Business Case is used as a reference point to deliver the project and monitor progress. 

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Stage08.
Project Evaluation:

The post project implementation stage. Evaluating how well the project was delivered and lessons learnt.  The Full Business Case is used to determine the extent the anticipated benefits were delivered and realised.

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Key Members

  • Alan Raymant Chief Executive, Cwmni Egino
  • Elgan Roberts Low Carbon Energy Programme Manager
  • Thomas Hurford Head of Project Development, Cwmni Egino