More investment is needed from the UK Government in the wake of the decision to suspend the multi-billion pound Wylfa B project according to Economy Secretary, Ken Skates.
Business leaders and politicians have been at an emergency meeting on Anglesey after Wylfa B power station plans were scrapped on Thursday.
Concerns have been raised that there could be an impact on a major growth project for the region because of the suspension of the scheme.
Speaking at the emergency meeting, Mr Skates told delegates at the event in Llangefni that the Welsh Government was willing to contribute more finance to a growth deal for north Wales but he wanted the UK government to increase its support too.
The North Wales Economic Ambition Board said it's looking at additional support and funding opportunities following the decision to suspend the project.
They said: "The Board fully supports the development of a new nuclear power station at Wylfa on Anglesey and the economic benefits this will deliver for the entire region. We are committed to building on the close working relationships already established with the UK and Welsh Governments, the private sector and Horizon Nuclear Power, and together are exploring next steps and the best way forward.The Board would like to make it clear the decision to suspend work on Wylfa Newydd will in no way impact on any projects in the North Wales Growth Deal. Those projects stand alone with approved business cases and will be crucial to the further economic prosperity of the area.We will now enter into further discussions with the UK and Welsh Governments to look at additional support and funding opportunities in light of this decision."