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.
£20mOther Public Sector
Which stage has the project reached?
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.
The scoping phase of the project. Making the case for change and identifying the preferred way forward.
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.
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.
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.
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.
The project implementation phase. The Full Business Case is used as a reference point to deliver the project and monitor progress.
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.