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Regulated Asset Base model may save Hitachi’s Wylfa Newydd nuclear project.

RAB model may have saved Wylfa Newydd nuclear project. Access to the
regulated asset base (RAB) financing model may have helped to save
Hitachi’s plans to build a new nuclear plant in north Wales, an executive
who worked on the project has told MPs. Last year, the Hitachi-backed
Horizon consortium announced it had withdrawn from the Wylfa Newydd project
after ploughing more than £2 billion into its development.

 Utility Week 18th Nov 2021

November 20, 2021 - Posted by | business and costs, politics, UK

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