South Korea’s state-owned nuclear developer has discussed building a multibillion-pound power plant in Wales with the UK government, it has emerged. Kepco, the largest utility provider in South Korea, has held early-stage discussions with Westminster officials about developing the Wylfa Newydd site on the island of Anglesey (Ynys Môn), the Financial Times reported. The energy minister Andrew Bowie is expected to meet representatives from the company this week to discuss the matter as part of the annual UK civil energy dialogue talks between the UK and South Korea. The government is aiming to revive the project as part of its plans to generate 24 gigawatts of energy from nuclear by 2050, a significant increase from the 6GW currently produced. It was initially hoped that the Japanese developer Hitachi would build two reactors on the site but it pulled out in early 2019 because of rising costs, throwing its future into doubt. In March this year, the chancellor, Jeremy Hunt, confirmed that the UK government had reached a £160m agreement with Hitachi to buy Wylfa and the site of the Oldbury plant in Gloucestershire, with the hope of finding new investors. One industry source told the FT: “Kepco is certainly interested...