Skip to main content

ANGLESEY - IS WYLFA B THE ONLY ECONOMIC OPTION LEFT?

A few weeks ago, I posted on the economic problems of Anglesey and the fact that the island is currently the poorest county in the whole of the UK. Given such an exceptional situation, there needs to be an exceptional approach.

Other bloggers, notably Alwyn ap Huw and A Change of Personnel have also taken up the call.

I will be making a further impassioned plea in my column in the Daily Post on Monday and demonstrate that there has been a total failure by WAG to provide the right level of resources to support the development of the poorest part of Wales with funding being directed to other more prosperous regions.

As a result, it is not surprising that the local authority is now making the case for “special status” to be accorded to the island so that it can benefit from additional funding in the way that the South Wales Valleys did after the coal and steel closures.

In the absence of any support from WAG, the best hope for the island seems to be the energy strategy of the UK Government.

Following Anglesey Aluminium’s demise, the only significant private sector employer is Wylfa Nuclear Power Station, although that is to be decommissioned soon. However, there are indications that the UK Government wishes to build a second nuclear power station next to the existing one and there are rumours locally that energy companies have already started buying land in preparation for such a decision.

Such a project could be the saviour for the island, especially given the way that most developed nations are now looking to nuclear as part of their low carbon solution over the next 50 years. Not only would such a development provide well-paid and highly skilled jobs, there could also be significant spin-offs through the creation of a new science park focused on supporting the nuclear industry and the energy-generating sector as a whole.

Given the scale of the project, the decision to build the station rests ultimately with the UK Government, although WAG is the main player in developing the infrastructure around the power station, especially as it has responsibility for skills and business support. However, this seems to be going nowhere as the position of ministers within the current Government seems to be, to put it bluntly, in a mess.

Whilst the Economic Development Minister supports the building of a new power station within the constituency he has represented for the last 22 years, the Environment Minister is diametrically opposed to such a decision and even recently called for a public inquiry into any new nuclear facilities in Wales.

Such a confused message from the Cabinet certainly doesn’t help the development of the energy sector within Wales and could jeopardise the potential of billions of pounds of investment into our poorest county.

At the very least, those living on Anglesey deserve to know whether ministers will fully back a bid for a new nuclear power station or, if not, whether they will provide the necessary resources to create badly needed jobs.

Given the way that it has been largely ignored by policymakers during the past decade, it is the least that this island deserves.

Update: Good piece from Valleys Mam as well on this subject and she raises an issue that I will discuss in more depth on Monday

Comments

Anonymous said…
so have I or didnt you notice
Pelagius said…
I'll follow your arguments with interest but please don't follow the conventional line about 'all the government and EU money pumped into the Glamorgan coalfield'. It has been an almost total failure. The Sheffield Hallam university studies prove that the southern coalfield is the worst-performing in the UK in terms of recovery. The reason they give is the wrong policies.

But I also think it's due to an under-par civil service and specific Labour interference. They see public funds as Milchkühe for the benefit of party members. See how they use "Communities First".

On with the debate!
sorry Mam!

Pelagius - haven't said that at all and I will be making the argument that it actually the more prosperous parts of Wales that have received vital EU funds. What is the point of having convergence funds to bring the poorest areas up to a certain level of prosperity when the funding goes to those who already have it.

I know Steve Fothergill's work very well and I agree with much of what he has said, although it is interesting to note that £160m of government money has already been pumped into the Heads of the Valleys during the last twelve months from Convergence Funds.
Anonymous said…
I agree with your comment "Of course, if the politicians wanted to be really visionary, they could press to ensure that Wylfa B is commissioned as soon as possible and ensure that a proper infrastructure is created around the new power station, such as a new science park focused on supporting the nuclear industry and the energy generating sector as a whole." and would be interested to hear your thoughts on here http://www.thenukeguy.com

Popular posts from this blog

THE IMPORTANCE OF FRANCHISING

When we talk about start-ups and entrepreneurship, rarely do we discuss the potential of franchising not only as a way of establishing new ventures in the economy but also as a method of growing existing businesses. According to the British Franchising Association, franchising is the granting of a licence by one person (the franchisor) to another (the franchisee), which entitles the franchisee to own and operate their own business under the brand, systems and proven business model of the franchisor. The franchisee also receives initial training and ongoing support, comprising all the elements necessary to establish a previously untrained person in the business. This enables individuals to start their own businesses without having to develop their own ideas and utilising an existing brand and established market. Of course, whilst each franchise business is owned and operated by the franchisee, the franchisor controls the quality and standards of the way in which the business is

Change your business through change

All business organisations, especially entrepreneurial small firms, must cope with an ever changing business environment. However, small firms have a very limited ability in being able to control and relate to changes in the environment, although this can depend on the context of change. For example, if a major customer changes increases its order, the entrepreneur should be able to predict events and actions with regard to the timing and consequences of such a change and forecast any changes in the required resources and cashflow. Given this, the entrepreneur can undertake rational short-interval planning activity in order to underpin organisational control. However, much of the change facing business today is largely unpredictable in terms of its timing and its consequences. In other words, such change is open-ended, with it often being unclear what is changing or why it is changing. For example, the effect of the 9/11 bombing of the World Trade Centre was largely unexpected and its

THE IMPORTANCE OF THE CREATIVE CLASSES

One of my favourite academic books of the last two decades must be the “Rise of the Creative Classes” by Professor Richard Florida.  This was one of the first detailed studies of the growing group of individuals who use their creativity and mental labour to earn a living and not only included those in arts and entertainment, but also people working in science and technology as well as knowledge-based professions such as healthcare, law, business, and finance.  Fast forward to 2022 and Professor Florida has written an updated report on the creative classes although he and his team now identify a different type of individual who is taking full advantage of the growth in digital platforms, social media, and online marketplaces.  Such ‘creators’ are defined as those who use digital technology to make and publish unique creative content, whether in the form of video, film, art, music, design, text, games, or any other media that audiences can access and respond to.  They also make their mon