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Hitachi still interested in Wylfa nuclear station, while others waver over NuGen nuclear project in Moorside

Hitachi set for talks with business secretary Greg Clark over Welsh nuclear plant, http://www.cityam.com/263354/hitachi-set-talks-business-secretary-greg-clark-over-welsh Mark Sands City A.M’s political reporter, 23 Apr `17 . Bosses at Japanese energy giant Hitachi are due to meet business secretary Greg Clark for talks just weeks after the firm applied for approval to build its Wylfa nuclear project in Anglesey.

Hitachi chairman Hiroaki Nakanishi will meet with Clark this week as government planning continues over the creation of a fleet of new nuclear projects in the UK.

Horizon, a wholly owned subsidiary of Hitachi, plans to build and operate two nuclear reactors at Wylfa, capable of generating enough to power around 10 million homes by the mid 2020s.
The application to build the Wylfa reactors earlier this month was the first since 2011, and has been predicted to take around 19 months.

It comes as Hitachi’s Japanese rival Toshiba continues to consider its options over the NuGen nuclear project in Moorside, Cumbria.

French utility firm Engie revealed in early April that it would withdraw from the project, while Toshiba has been wracked with its own problems after revealing dramatic writedowns on its Westinghouse US nuclear unit.

April 24, 2017 - Posted by | business and costs, UK

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