US consortium revives plan for Welsh nuclear power plant. A US consortium is in talks with the UK government about resurrecting plans to build a nuclear power plant in Wylfa, north Wales, the Financial Times reported on Tuesday. The consortium, which consisted of utility Southern Company and engineering firms Bechtel and Westinghouse, planned to take over the site in Anglesey that was abandoned by Japan’s Hitachi when it pulled out of the project in September.
FT 10th Nov 2020 read more »
More details have emerged of a bid by a US consortium to revive the Wylfa Newydd project on Anglesey. North Wales Live revealed in September that American energy firm Westinghouse were interested in the site following the withdrawal of Hitachi from the development. A planning decision on Wylfa Newydd was deferred until New Year’s Eve so that talks could continue. Now the Financial Times has reported that the interest is from a joint venture by Westinghouse, Southern Company, an electricity utility, and US engineering group Bechtel. Horizon Nuclear Power had previously appointed Bechtel as project management contractor for the scheme before Hitachi withdrew funding. The Financial Times reported that in a letter to UK business secretary Alok Sharma, the US consortium partners said their prior knowledge of the site “could be leveraged to accelerate an AP1000 plant project at Wylfa as well as other sites across the UK”. Any deal would be dependent on the UK government introducing a new funding model for nuclear projects in Britain. The consortium would also have to negotiate the purchase of the site with Hitachi, who had spent more than £2bn on the project before pulling out. Ynys Mon MP Virginia Crosbie said: “It is clear we are going to need more nuclear to meet the Governments Net Zero target by 2050, and Ynys Môn has the best new build site in the UK.
Daily Post 10th Nov 2020 read more »