The outlook for new nuclear construction in Wales may have taken a bleak turn, but that hasn’t stopped the Welsh government from seeking other opportunities for its nuclear industry. On February 5, the government announced the signing of a memorandum of understanding with the Sizewell C Consortium, an organization of nearly 200 businesses and trade unions from the United Kingdom's nuclear supply chain focused on ensuring that the proposed Sizewell C nuclear power station in Suffolk, England, actually gets built.

The consortium includes the firms Atkins, Balfour Beatty Bailey, Cavendish Nuclear, Doosan Babcock, EDF, Laing O’Rourke, and Mott MacDonald, as well as the unions GMB, Unite, and Prospect.

A big deal: According to the announcement, in the event that the Sizewell C project is approved, the MOU could potentially see an investment of up to £900 million (about $1.2 billion) in the Welsh nuclear supply chain and up to 4,700 jobs supported across Wales. The signatories also view the agreement as a way to help retain the Welsh nuclear skills base.