As expected Hitachi is to abandon all plans to build a nuclear power station at Wylfa. Well over a decade has been wasted by our politicians in supporting Wylfa B. For years, PAWB has agreed with experts around the world who warned that massive nuclear projects are unlikely to be commercially successful. All of the nuclear industry’s arguments have been negated by the growth of sustainable methods of energy production for continually falling costs. This is the reality that has been ignored, while still believing in the promises of jobs. Anglesey’s economic future has been put in the hands of a few people in a room in Tokyo. The hopes of a generation of young people for work in their home area were shattered. The Gwynedd and Anglesey Joint Local Development Plan, and the North Wales Growth Plan, assumed that Wylfa B would happen, and that it would be a good thing. We call on the Councils and the Welsh Government to start from scratch with these plans.
PAWB 16th Sept 2020 read more »
Nils Pratley: Hitachi’s ‘disappointing’ exit from Wylfa nuclear deal is no great loss. The government officially regards it as “disappointing” that Hitachi has pulled out of building a nuclear plant at Wylfa. Why? Well, the loss of potential jobs in north Wales must be acknowledged. But, from the point of view of meeting the nation’s energy needs, there is no reason to be disappointed. The National Infrastructure Commission – are not banging the drum for new fleets of giant nuclear power stations. The NIC reiterated its two-year-old advice only last month: “The government should take a one-by-one approach to nuclear and not agree to more than one new nuclear plant, in addition to Hinkley Point C, before 2025.” It’s not the NIC’s job to pick which plant to build, but almost everybody believes the next cab on the rank, as it were, is the intended Hinkley replica at Sizewell C in Suffolk. Wylfa wasn’t a priority. The NIC’s latest report, which put the case for a more rapid rollout of renewables, meaning on-shore and off-shore wind and solar, on grounds of cost and meeting emissions targets. Instead of an increase in renewables from 40% to 50% by 2030, which was the view in 2018, the electricity system could reach 65% with “no material cost impact”, it said. In short, renewables “are now the cheapest form of electricity generation due to dramatic cost reductions in recent years”. As for the overall security of the system, the NIC repeated its point that interconnectors will have a key role to play in balancing supply and demand.
Guardian 16th Sept 2020 read more »
Killed by coronavirus. Who’d have thought nuclear power plants were so susceptible to that? Apparently, though, it was the clincher for Hitachi finally pulling the plug on Wylfa. As the Japanese outfit put it: “The investment environment has become increasingly severe due to the impact of Covid-19.” The GMB blamed “successive government failures to act decisively around new nuclear and in particular how it is financed”. But that only tells half the story. The real problem is big nuclear itself: a radioactive mix of last-century tech, rocketing upfront costs, post-Fukushima safety demands and a toxic clean-up bill. A government spokesman noted yesterday, to get Wylfa off the ground Britain was prepared to take “a one-third equity stake”, provide “all of the required debt financing to complete construction” and offer a guaranteed price for its electricity that’s around twice the wholesale energy price. And still Hitachi refused to build the £20 billion nuke. Britain’s nuclear policy is a right mess. But where is the promised energy white paper explaining how it can be made to work when the cost of renewables keeps falling? Offshore wind developers have signed up at £39.65/MWh. True, you can’t rely on the wind and sun every day. But if the government has a case for nuclear, what is it exactly? To judge by Hitachi’s slow-burn exit, it’s long been in meltdown.
Times 17th Sept 2020 read more »
Hitachi Ltd. said Wednesday it will exit a 3 trillion yen ($28 billion) project to build a nuclear power plant in Britain after struggling to secure additional financial support from the British government. The withdrawal came as a severe blow to Japan’s efforts to boost infrastructure exports and more than a year after the plan was suspended in January 2019. The project, involving Hitachi subsidiary Horizon Nuclear Power Ltd., was to construct two reactors on the island of Anglesey in northern Wales. Hitachi has notified the British government of the decision, a company official said. “Hitachi made the decision given that 20 months have passed since the suspension, and the investment environment has become increasingly severe due to the impact of COVID-19,” the company said in a statement after a board meeting. Hitachi said it will coordinate with the British government and relevant organizations over the handling of the planned sites for construction and other issues related to the project.
Mainichi 16th Sept 2020 read more »
Hitachi blames Covid-19 for pullout from UK nuclear project.
FT 16th Sept 2020 read more »
Commenting on reports that the Hitachi owned Wylfa Nuclear Power Station has been scrapped, Alan Whitehead MP, Shadow Minister for Energy and a Green New Deal, said: “The cancellation of what would have been the largest energy project in Wales, if it cannot be reversed, could have huge consequences including the loss of between £15bn and £20bn in investment. It will also prevent the creation of thousands of jobs in the energy sector and wider UK supply chain. We are already in the middle of an economic and unemployment crisis, yet the government has been completely silent on the potential loss of this power station and the economic impact for Anglesey and the region. Ministers must urgently outline whether they plan to seek new developers to take on the Wylfa project, what conversations they have had with Hitachi about the site, and how they will ensure the people of Wales do not pay the price for Hitachi’s withdrawal.”
Labour Party 16th Sept 2020 read more »
Welsh minister for economy, transport and North Wales Ken Skates MS has described news that Hitachi has withdrawn from the Wylfa Newydd project to build a £15bn-£20bn nuclear power plant on Anglesey as “deeply disappointing”. The Tokyo-based company said today that it would be permanently scrapping plans for the Wylfa power station after the project was suspended in January last year when Hitachi failed to reach a funding agreement with the UK government. Skates stressed that the site is “one of the best sites in the UK for new nuclear development”, and said the Welsh government will “work with our partners to explore all other options… to deliver a sustainable future for the site”.
Welsh Labour 16th Sept 2020 read more »
The Chair of the Welsh Affairs Committee has called Hitachi’s decision to pull out of the Wylfa nuclear power project ‘a blow for Wales and the UK’s ambition to achieve net-zero carbon emissions.
Welsh Affairs Committee 16th Sept 2020 read more »
THE Welsh Government intends to work with partners to deliver a sustainable future for Wylfa nuclear site on Anglesey. This follows the news the Hitachi subsidiary Horizon Nuclear Power has decided not to continue building a nuclear power station on the site. Minister for Economy and North Wales Ken Skates said: “The news from Hitachi today is deeply disappointing. “There has been a tremendous effort by Horizon Nuclear Power, Ynys Mon Council, the North Wales region and all our partners to bring this important project forward. Now is the time to continue with this strong partnership and build upon those efforts. “We must not lose sight that Wylfa remains one the best sites in the UK for new nuclear development. “We will work with our partners to explore all other options, including internationally with key allies, to deliver a sustainable future for the site. “This must build on the skills and the supply chain capability we have in the region and across Wales. It places us in a robust position to benefit from existing and future opportunities within the nuclear sector. In North Wales, these include cutting edge decommissioning and future technologies’ deployment at the Trawsfynydd site and advanced research and development derived from investment in the Nuclear Futures Institute at Bangor University and the new AMRC Cymru facility on Deeside. “We will also continue to press the UK Government to make their commitment clear on Wylfa. We must all work together to realise the potential this site has to transform the economy of North West Wales and significantly contribute towards net zero carbon.”
North Wales Chronicle 16th Sept 2020 read more »
Horizon Nuclear Power has announced it will be ceasing its activities to develop two projects in the UK following a decision by Japanese giant Hitachi to pull out of the scheme. The decision not to go ahead with building new power stations at Wylfa Newydd on Anglesey and at Oldbury on Severn, in South Gloucestershire, deals a huge blow to the nuclear industry and hopes of creating thousands of new jobs. Hitachi announced it will end business operations on the nuclear power plant construction project at Wylfa, which was suspended in January 2019. A statement said: “Hitachi made this decision given that 20 months have passed since the suspension, and the investment environment has become increasingly severe due to the impact of Covid-19.”
Energy Voice 16th Sept 2020 read more »
Japan’s Hitachi on Wednesday scrapped its multi-billion-pound nuclear plant project in Wales in face of the deteriorating investment environment, in a blow to Britain’s atomic energy programme. The project in Anglesey, already suspended for 20 months because of financial difficulties, was cancelled as “the investment environment has become increasingly severe due to the impact of Covid-19”, Hitachi said in a statement. The company said it would consult with the UK government and others regarding the fate of its licences and the Wylfa Newydd site that would have housed two reactors.
Daily Mail 16th Sept 2020 read more »
Shock for Britain’s nuclear power sector as Hitachi subsidiary Horizon pulls the plug on power stations in Wales and Gloucestershire.
This is Money 16th Sept 2020 read more »
Horizon Nuclear Power will stop developing two UK projects following a decision by Hitachi to pull out of the scheme. The decision to abandon building new power stations at Wylfa Newydd on Anglesey and at Oldbury on Severn, in South Gloucestershire, deals a huge blow to the nuclear industry and hopes of creating thousands of new jobs. Hitachi announced it will end business operations on the nuclear power plant construction project at Wylfa, which was suspended in January 2019. Alan Whitehead, shadow minister for energy and a green new deal, said: “Ministers must urgently outline whether they plan to seek new developers to take on the Wylfa project, what conversations they have had with Hitachi about the site, and how they will ensure the people of Wales do not pay the price for Hitachi’s withdrawal.”
Telegraph 16th Sept 2020 read more »
Hitachi scraps plans for Wylfa Newydd nuclear power plant due to ‘severe’ investment environment.
Energy Live News 16th Sept 2020 read more »
The Welsh Secretary has said that he will be holding conversations with “other interested investors” over the Wylfa Newydd nuclear power plant site after Hitachi officially confirmed their withdrawal. The nuclear plant was tipped to bring hundreds of skilled long term jobs to Anglesey but was placed on hold by the Japanese company in January 2019. Hitachi today confirmed that it will “end business operations on the nuclear power plant construction project in the United Kingdom”. Horizon Chief Executive Duncan Hawthorne said: “Wylfa Newydd on Anglesey and Oldbury on Severn are highly desirable sites for new nuclear build. We will do our utmost to facilitate the prospects for development which will bring the major local, national and environmental benefits that nuclear can uniquely deliver as we push to transition to a net zero carbon economy by 2050.”
Nation Cymru 16th Sept 2020 read more »
Hitachi has officially scrapped plans to build new nuclear power plants at Wylfa on Anglesey and Oldbury in Gloucestershire amid ongoing struggles to drum-up additional financing for the high profile projects, it confirmed today, dealing another major blow to the nuclear industry’s ambitions in the UK. Developer Horizon Nuclear Power, which is owned by the Japanese engineering conglomerate, this morning confirmed it was fully winding down all its current development activities for the two projects, both of which had already been on ice due to difficulties in securing additional investor partners.
Business Green 16th Sept 2020 read more »
Hitachi today officially announced it is withdrawing from Wylfa Newydd on Anglesey as it steps back from investment in UK nuclear. The nuclear plant was tipped to bring hundreds of skilled long-term jobs to Anglesey but was placed on hold by the Japanese company in January 2019. Planning for the site continued with hopes it could be restarted but yesterday North Wales Live revealed Hitachi was preparing to walk away from the site.
North Wales Live 16th Sept 2020 read more »
Plans for a £20bn nuclear power plant on Anglesey in north Wales have been scrapped, the developers behind the project have confirmed. Horizon Nuclear Power said it will be ceasing its activities to develop a project at Wylfa Newydd on Anglesey and at Oldbury on Severn in Gloucestershire following a decision by Hitachi, the Japanese company which owns Horizon, to pull out of the scheme. It was hoped that the proposed nuclear power plant would create thousands of jobs for the Anglesey area. The leader of Anglesey Council, Cllr Llinos Medi, has described the news as a “devastating blow”. She said: “The Wylfa Newydd project had the potential to transform the Anglesey and North Wales economy, particularly that of North Anglesey.”
ITV 16th Sept 2020 read more »
Channel 4 News 16th Sept 2020 read more »