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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
Hitachi halts work on Anglesey nuclear project
Hitachi has pulled out of plans to build a nuclear plant in Wales despite the a comprehensive package offered by the Government. In a major blow to the UK’s new nuclear ambitions the Japanese conglomerate will abandon the £16n Wylfa Newydd plan which would have supplied about 6pc of the UK's electricity. Hitachi is expected to take a £2bn financial hit through its development company, Horizon Nuclear, which will also stop early work on another proposed nuclear project at Oldbury. Duncan Hawthorne of Horizon Nuclear, said that despite years of
talks with the Government to secure a funding deal for the project it had been unable to reach an agreement.
Abstract details
Websites:
https://www.telegraph.co.uk/business/2019/01/17/hitachi-halts-work-anglesey-nuclear-project/
Journal title: Daily Telegraph
Keywords: nuclear power plant
Countries: Wales -
Organisation: Horizon Energy and Resources|Hitachi
Subjects: Nuclear power plant and services
