Hitachi weighs pulling out of Welsh nuclear power plant

  • Jan 11, 2019
  • The Telegraph

Hitachi may pull the plug on its £21.8bn Horizon nuclear power project at Wylfa, throwing Government plans to replace the UK's ageing coal-fired power stations into disarray.

The Japanese firm will make a decision on the scheme at a board meeting next week following a dispute with the Government over funding, the Nikkei newspaper reported.

Hitachi said no formal decision had been made while it considered its "potential suspension and related financial impacts in terms of economic rationality".

An unnamed company executive told the Nikkei the project was not being abandoned entirely and could be restarted.

The Department of Business spokesman said negotiations with Hitachi on the Wylfa project...

Register for access to the Energy news and press releases